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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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California's Weather Impacts Truckload Capacity

DAT Solutions

California's weather—good or bad—has a major impact on truckload capacity. Mark Montague's recent blog post Top Ten Freight Markets for Contract and Spot Freight , revealed that the key market areas of Ontario and Fresno, California made the list of 2016 Top 10 Reefer Markets for both contract and spot market freight.

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Reefer Capacity Gets Tighter Ahead of Thanksgiving

DAT Solutions

Just like with dry van freight , reefer capacity tightened in the first week of November, meaning that shippers and brokers had a harder time finding trucks to move those reefer loads. Out West, the extra-long haul from Fresno to Boston rose 29¢ to $2.41/mile. Chicago to Minneapolis also climbed 21¢ to $2.76/mile.

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Will Tighter ELD Enforcement = Tighter Reefer Capacity?

DAT Solutions

That could have been a contributing factor to the tighter reefer truckload capacity that we saw last week, with truck posts on DAT load boards down 5% for reefers. Out of California , Fresno outbound pricing jumped 4.4% The national average reefer rate was also up 8¢ compared to the March average, at $2.48/mile. HOT MARKETS.

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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. FALLING LANES.

Houston 73
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Spring freight rates: Stable or stuck?

DAT Solutions

Van volumes are actually up compared to where they were at this time last year, but that has been met with increased capacity. Miami absorbed existing capacity while Lakeland rates got a boost. Fresno volumes were up, but other parts of California went softer. Fresno to Seattle lost 18¢ to $2.36/mi. REEFER TRENDS.

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JAXPORT Deepening Means Boost for CargoBarn

CargoBarn

Founded in 2008, CargoBarn uses pioneering technology, proactive customer service, and a focus on friendships and partnerships – not just business transactions – to provide reliable pricing, service and capacity. For more information, please visit www.CargoBarn.com.