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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. Fresno to Seattle was up 30¢ to $2.80/mile.

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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. Out of California, Fresno to Denver rates hit $2.39, up 30¢ from the week before. FALLING LANES.

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Spot Market Volumes Are Strong, but Rates Still Lag

DAT Solutions

We don’t anticipate a lot of impact as far as long haul freight goes, since pickup and delivery can be adjusted to avoid the extra traffic on the 285 loop. The highway closure could affect freight going to and from the Carolinas and other points to the northeast, though. Eggs are usually cheap freight, though.

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Van Rates Surge 6¢, Reefers Add 1¢

DAT Solutions

Michigan and Illinois had pretty good load volume for vans, but they also had lots of trucks available, so the statewide ratios fell below the national average. Daily maps, along with detailed information on demand, capacity and rates for individual markets and lanes, can be found in DAT Power Load Boards.

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