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Spot Market Freight Rates Soar After Hurricane Harvey

DAT Solutions

Outbound volumes from Houston also fell 73%, but the rearrangement of supply chains, the difficulty of shipping in the flooded region, and increased seasonal demand in other parts of the country combined to create pockets of tight capacity that put extra pressure on truckload rates. Denver to Houston rose 59¢ to $1.63 FALLING LANES.

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Conquering the Explosion of Supply Chain Planning Data

Logility

Structured and unstructured data including that from social media, Internet of Things (IoT) and Blockchain sources continue to stream in but much is left untouched. Building a digital twin involves capturing, standardizing, blending and modeling both structural supply chain data (capacities, lead-times, network relationships, etc.)

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7-Week Streak of Higher Rates Ends – For Now

DAT Solutions

The looser truckload capacity led to lower national averages for van and reefer rates, interrupting what had been seven straight weeks of increases. But capacity is only "loose" when compared to recent weeks. While inbound rates were generally up in Buffalo, the lane from Columbus to Buffalo dropped 33¢ to $3.09/mile.

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Van Ratios and Rates Hit Record Highs at End of Quarter

DAT Solutions

The imbalance between demand and capacity increased pressure on van rates, which rose on 74 of the top 100 van lanes in the U.S. One additional source of rate pressure looms, however: Amazon's Prime Day, with special deals on merchandise and shipping, is coming up on Tuesday. loads per truck.

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Summer freight: Calm before the storm?

DAT Solutions

That extra capacity has taken some of the pressure off of pricing. Rates did rise on a handful of regional lanes: Columbus, OH, to Buffalo, NY , climbed 23¢ to an average of $3.77/mile. Pipelines are filled to capacity the West Texas oilfields, leading to a slowdown in drilling. Rates held up the best out of the Midwest.

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Loads and Rates Rise as Month Ends

DAT Solutions

Chicago and Columbus are finally showing some signs of life after a few disappointingly quiet months. In the South Central region, Houston is the biggest source of flatbed loads, and rates rose 30¢ to $2.38 On the other hand, you can always find a load out. Every region has at least one Hot Market for flatbed freight.

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Pacific Northwest Heats Up for Vans and Reefers

DAT Solutions

per mile for outbound van loads, however, look to the high-volume, headhaul markets, including Los Angeles and Stockton, CA; Chicago; Columbus; Memphis; and Philadelphia. Daily maps, along with detailed information on demand, capacity and rates for individual markets and lanes, can be found in DAT Power Load Boards and in DAT RateView.