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Loads and Rates Rise as Month Ends

DAT Solutions

The Sun Belt is hot for vans , as high demand and a shortage of trucks turned the map red across the southern band of states. In the Southeast, rates are rising in Atlanta and Charlotte , but Memphis outbound rate trends were mixed, with some lane rates increasing while others declined. The lane from Raleigh to Baltimore paid $2.75/mile

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Spring Comes Early for Flatbeds in the Southeast

DAT Solutions

Demand has been especially strong in the Southeast, although declining steel shipments led to a reduction in flatbed freight volume in Birmingham. Outbound volume was also down in Cleveland , due to steel’s slump, but Pittsburgh was up for the month. Outbound rates rose in Memphis and Atlanta , but fell in Raleigh and Birmingham.

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Sun Belt States are Hot for Seasonal Freight

DAT Solutions

Rates improved in Dallas , Atlanta , and Memphis , as well as L.A. Atlanta , Memphis and Nashville were fairly quiet last week, and trends out of Roanoke were mixed. Four major lanes out of Raleigh had double-digit increases last week. ” Weather could be a factor, at the beginning of a seasonal transition. and Stockton.

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Truckload Rates Finally Catch Up to Freight Volumes

DAT Solutions

Memphis to Atlanta was up 13¢ at an average of $2.23/mile. That may have caused reefer trucks to spill over into van capacity out in Charlotte , with the extra competition driving down outbound van rates. Outbound lanes there dipped slightly despite fairly strong demand ahead of Easter.

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Truckload Rates Finally Catch Up to Freight Volumes

DAT Solutions

Memphis to Atlanta was up 13¢ at an average of $2.23/mile. That may have caused reefer trucks to spill over into van capacity out in Charlotte , with the extra competition driving down outbound van rates. Outbound lanes there dipped slightly despite fairly strong demand ahead of Easter.

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Is the Freight Recession Really Over?

DAT Solutions

A number of factors have led to loose capacity, though, which has kept rates from going up. Low reefer demand has also put more refrigerated carriers in competition for van loads, since some dry van freight can be hauled in a reefer trailer. Van demand has been growing in the South, and load counts were up in Atlanta and Memphis.

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