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Reefer rates rise as Florida hits its stride

DAT Solutions

Freight volumes surged about 25% out of both Miami and Lakeland, FL, and some lanes about of Florida saw rates jump as much as 85¢ per mile. Florida - In the past few weeks, Florida has been a mixed bag: one week Miami is up and Lakeland down, and the next week Lakeland is up and Miami down. Falling rates.

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Reefer Demand Dips, But Rates Don't

DAT Solutions

Fresno volumes were down unexpectedly, and so were load counts out of the Ontario market in Southern California and along the border in Nogales, AZ. Prices on lanes out of Miami continued to fall last week: Miami to Elizabeth, NJ was down 23¢ to $1.84 The last time it was that high was in August 2015. per mile.

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Florida Reefer Rates Take a Dive

DAT Solutions

Prices out of Miami and Lakeland plummeted, but the ripple effects also led to higher outbound rates in Atlanta , as prices adjust and demand shifts northward to Georgia produce. Major lanes out of Miami and Lakeland were down, with rates and volumes dropping steeply: Miami to Atlanta plunged 74¢ to an average of $2.38/mile.

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Storms put damper on spot rates

DAT Solutions

The load-to-truck ratio in the Miami market grew steadily last week, and hit 26.7 Freight volumes were up more than 20% in the Lakeland, Florida market, as well as in Sacramento and Fresno , California. Fresno to Denver surged 40¢ to $2.24/mi. Fresno to Boston gained 19¢ to $2.23/mi. on Saturday.

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Reefer rates hit lull between holidays

DAT Solutions

Twin Falls, ID, to Baltimore gained 24¢ at $3.26. Miami to Elizabeth, NJ , dropped 28¢ to $1.86/mile. Fresno to Baltimore fell 29¢ at $2.41/mile. McAllen, TX, to Atlanta rose 25¢ to $2.36. Falling Lanes. Florida rates backed off after some off-season increases earlier in the month.

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Reefer Demand Spikes During Inspection Blitz

DAT Solutions

We did get the expected bump in rates out of Fresno though, and California produce shipments are expected to remain strong at least until the 4th of July. A few lanes out of California crossed the $3 mark: The biggest jump in price was on the lane from Fresno to Denver , which surged 61¢ to $3.14/mile.

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Spot Market Reefer Rates Hit a 3-Year High

DAT Solutions

On average, outbound lanes from Fresno, CA , soared 13%. Miami volumes improved last week, likely due to imported crops at the port, but shippers and brokers didn’t have much trouble finding trucks. The lane to Baltimore lost 37¢ at just $1.30/mile. Sacramento to Portland, OR , spiked 61¢ up to $3.47/mile.