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DAT IQ: The Metrics that Matter with Samuel Parker

The Logistics of Logistics

Samuel is Director of Product Marketing at DAT Freight & Analytics ‘ Shipper segment. DAT operates the largest truckload freight marketplace in North America. DAT iQ provides freight intelligence to inform your budget and procurement strategies so you can navigate market volatility with greater confidence and agility.

Metrics 199
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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.

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Van freight stabilizes in early October

DAT Solutions

You’d expect this season to be more different from early October 2017, when Hurricanes Harvey and Irma still had a massive impact on supply chain operations. But freight has mostly "normalized” on the spot market. The throttle is a significant increase in capacity, especially among small and mid-sized carriers.

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

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Van freight gears up for the holidays

DAT Solutions

On the other end of the supply chain, Atlanta volumes also rose 13% and rates are stabilizing in that market. The load-to-truck ratio is a sensitive, real-time indicator of the balance between demand and capacity. Changes in the ratio often signal impending changes in freight rates. Pressure is Building. Hot Markets.

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West Coast Heats Up for Van Freight

DAT Solutions

Back then, it was a series of winter storms that disrupted supply chains and pushed load-to-truck ratios unusually high for several months. 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. FALLING LANES.

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