article thumbnail

Severe weather causes freight rates to slip

DAT Solutions

A huge snowstorm in Denver last week closed three interstate highways: I-25, I-70 and I-76. National Average Freight Rates. In March so far, volumes are no better than February, and since capacity has been abundant, rates continue slipped. Road closures isolated Denver from parts of the supply chain last week.

article thumbnail

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?

Freight 70
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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. Denver to Houston rose 59¢ to $1.63 Chicago to Denver rates rose 22¢ to $2.72

Houston 73
article thumbnail

Van freight gears up for the holidays

DAT Solutions

DAT load boards provide the largest and most trusted digital freight marketplace in the trucking industry, with more than 279 million loads and trucks posted annually, plus insights into current spot market and contract rates based on $57 billion in real transactions. Changes in the ratio often signal impending changes in freight rates.

article thumbnail

West Coast Heats Up for Van Freight

DAT Solutions

For van freight, we’re starting to see hot markets shift westward, with big rate increases out of Seattle, Los Angeles, Denver and Stockton, CA. Load-to-truck ratios have been high throughout the Pacific Northwest, though, with higher reefer load counts in the region contributing to tighter van capacity. FALLING LANES.

article thumbnail

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. Sacramento to Denver gained 29¢ at $2.55/mile.

article thumbnail

Using Artificial Intelligence to Improve the Shipper / Carrier Experience with Erik Malin

The Logistics of Logistics

Erik has been a guest speaker for multiple companies and conferences, including the Denver Transportation Club, Landstar and most recently the 3PL & Supply Chain Summit: Atlanta. 03:17] I have seen Loadsmart in the news a lot lately – clearly bringing some innovation to the freight brokerage space. Tell us about it.