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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. Another cost of Hurricane Harvey: many Houston-area refineries were offline, and some remain closed for now. Not surprisingly, the Dallas to Houston lane rate soared from $2.40 per mile.

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Freight Rates Adjust to Post-Hurricane Irma Demand

DAT Solutions

Load counts also continued to climb out of Dallas and Houston, as Texas works its way back to business as usual. Rates out of California continued to rise at a slower pace than the rest of the country, but volumes got a big boost in Stockton , so that could change soon. Houston to New Orleans also declined 19¢ to $2.42/mile.

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Expert Research, What Happened with IMO 2020 Fuel Prices?

Freight Plus

As of today, the highest VLSFO costs I see are in Houston, TX at $526/MT. IF380 in Houston, TX is at $375/MT. . As factories have struggled to ramp back up (or even open up), obviously the volume of imports to the US is down significantly-especially into California. This in itself will stretch domestic capacity. Chris Peckham.

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Expert Research, What Happened with IMO 2020 Fuel Prices?

Freight Plus

As of today, the highest VLSFO costs I see are in Houston, TX at $526/MT. IF380 in Houston, TX is at $375/MT. . As factories have struggled to ramp back up (or even open up), obviously the volume of imports to the US is down significantly-especially into California. This in itself will stretch domestic capacity. Chris Peckham.

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2 Signs That the Freight Recession Really Is Over

DAT Solutions

And strong projections for California produce shipments should make for a busy June. Houston to Oklahoma City was down 8¢ to $1.97/mile. Meanwhile, the bulk of California freight has yet to hit the spot market. Texas is still ahead of California for reefer load availability, but the gap is narrowing. That paid $2.19/mile

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Changing SRM Behaviors in a Period of $70/bbl Oil

Supply Chain View from the Field

I was in Houston yesterday evening, speaking to a large group of procurement executives at a roundtable held by KPMG’s Procurement Advisory Group, at the fabulous Brennan’s restaurant on Smith Street. The event was well attended, with over 40 executives present.

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California Reefer Freight Starts to Heat Up

DAT Solutions

HOT MARKETS: The biggest changes last week were in California, where reefer freight finally started to move out of Fresno and Sacramento in serious quantities, but load counts fell sharply in L.A. The regional trip from Dallas to Houston fell 22¢ to $2.53 Load availability was up 30% compared to May, and 84% compared to June 2015.