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Why is XPO Spinning Off RXO with Drew Wilkerson

The Logistics of Logistics

He has leadership and P&L responsibility for XPO’s asset-light North American truck brokerage business and complementary brokered services of managed transportation, last mile logistics and global freight forwarding. The corporate headquarters will be in Charlotte, North Carolina. Key Takeaways: Why is XPO Spinning Off RXO.

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Van freight stabilizes in early October

DAT Solutions

But freight has mostly "normalized” on the spot market. The throttle is a significant increase in capacity, especially among small and mid-sized carriers. In other periods when carriers had pricing power, capacity expanded fairly quickly to bring the marketplace back into balance. What is keeping rates and volume in check?

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Freight Rates Adjust to Post-Hurricane Irma Demand

DAT Solutions

We’ve seen a big increase in van freight moving from Atlanta and Charlotte down into the state. As mentioned above, there’s been a big uptick in freight going into Florida from Atlanta and Charlotte , and rates on those lanes soared last week. Charlotte to Lakeland soared 42¢ to $3.32/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. Those, combined with the supply chain disruptions caused by the hurricanes, have led to tight capacity in southern Idaho, and outbound rates continue to climb out of Twin Falls. mile, which is more typical for this time of year.

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Emergency Freight: What Harvey Tells Us About Irma

DAT Solutions

Less than ten days after Hurricane Harvey, trucks are already moving freight out of Houston, with almost the same volume as before the storm. Houston is also a major freight hub for rail and sea traffic, as well as trucking, including trade with Mexico by land and with South America and other regions by sea. It could take months.

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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. Buffalo to Charlotte lost 13¢ at $1.75

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Will sub-zero temps stall trucking operations?

DAT Solutions

often suffer from all kinds of severe weather during the first quarter, impacting freight movements. When temperatures drop below freezing and winter storms bury highways with large snowfalls, it affects truckload demand in three ways: Ice and precipitation slow down trucking operations , which has the effect of reducing capacity.