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Severe weather causes freight rates to slip

DAT Solutions

A huge snowstorm in Denver last week closed three interstate highways: I-25, I-70 and I-76. National Average Freight Rates. An abundance of capacity has caused van rates to move lower, even though freight volumes in 2019 are actually above previous years' levels. Denver to Albuquerque, NM increased to $2.07/mi.

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Spot Market Freight Rates Soar After Hurricane Harvey

DAT Solutions

Most of the major van markets actually had fewer outbound loads available, though, and most regular freight heading to Houston was canceled. Dallas rates also soared, as some freight was diverted to that busy freight hub. Denver to Houston rose 59¢ to $1.63 Chicago to Denver rates rose 22¢ to $2.72

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Van freight gears up for the holidays

DAT Solutions

On the other end of the supply chain, Atlanta volumes also rose 13% and rates are stabilizing in that market. Changes in the ratio often signal impending changes in freight rates. The threatened strike by UPS Freight (LTL) may already be causing shippers to divert their cargo to other channels. Pressure is Building. Hot Markets.

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2 Signs That the Freight Recession Really Is Over

DAT Solutions

Together, the ratio and rates offer strong evidence yet that the freight recession is over. Volumes were strong after Memorial Day, particularly in Atlanta and Los Angeles. Reefer freight is in transition. Meanwhile, the bulk of California freight has yet to hit the spot market. Rates could continue to rise. That paid $2.19/mile

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Rates and Demand Are Still High for Refrigerated Freight

DAT Solutions

Seasonal harvests are winding down, but capacity is still tight for reefer freight. Sacramento to Denver gained 29¢ at $2.55/mile. Florida rates continued to slide: Miami to Atlanta dropped 40¢ to $1.29/mile, That’s led to higher reefer rates on the West Coast and in the Midwest.

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Using Artificial Intelligence to Improve the Shipper / Carrier Experience with Erik Malin

The Logistics of Logistics

Erik has been a guest speaker for multiple companies and conferences, including the Denver Transportation Club, Landstar and most recently the 3PL & Supply Chain Summit: Atlanta. 03:17] I have seen Loadsmart in the news a lot lately – clearly bringing some innovation to the freight brokerage space. Tell us about it.

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Spot market settles after Hurricane Florence

DAT Solutions

As people in the Carolinas try their best to return to their normal routines, the freight markets have settled back down into typical seasonal trends following Hurricane Florence. Unlike with Hurricanes Harvey and Irma, the impact from Florence on freight movements was mostly felt regionally. Atlanta to Charlott e fell 17¢ to $2.84/mile.