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Truckload Rates Finally Catch Up to Freight Volumes

DAT Solutions

That may have caused reefer trucks to spill over into van capacity out in Charlotte , with the extra competition driving down outbound van rates. Miami to Baltimore also jumped up 21¢ to $1.75/mile. Atlanta to Raleigh added 39¢ to $2.39/mile. Chicago remains soft, and the lane to Buffalo fell 23¢ to $2.09.

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Truckload Rates Finally Catch Up to Freight Volumes

DAT Solutions

That may have caused reefer trucks to spill over into van capacity out in Charlotte , with the extra competition driving down outbound van rates. Miami to Baltimore also jumped up 21¢ to $1.75/mile. Atlanta to Raleigh added 39¢ to $2.39/mile. Chicago remains soft, and the lane to Buffalo fell 23¢ to $2.09.

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Sun Belt States are Hot for Seasonal Freight

DAT Solutions

Jacksonville is also going strong, with big rate increases on the lanes to Miami up 13¢, and to New Orleans , up 40¢ Rates are rocketing up in Raleigh , after a down month. Four major lanes out of Raleigh had double-digit increases last week. But flatbed load-to-truck ratios are soaring in Alabama and Arkansas.

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Major Freight Markets Saw Biggest Rate Surge of the Year

DAT Solutions

Freight patterns showed increased retail trade ahead of Memorial Day weekend, and since some drivers finished the week up early ahead of the holiday weekend, capacity also tightened. The average length of haul for produce shipments was longer last week, which soaked up extra capacity. Miami to Baltimore was up 35¢ to $2.63/mile.

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Is the Freight Recession Really Over?

DAT Solutions

A number of factors have led to loose capacity, though, which has kept rates from going up. Raleigh to Baltimore also paid 32¢ better on average at $2.61/mile, Outbound rates trended down last month in Savannah, Jacksonville and Los Angeles. Cleveland to Harrisburg jumped up 35¢ to $3.09/mile,

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