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Is Spring Shipping Season Finally Here?

DAT Solutions

Those declines could be a temporary blip, though, because volumes are showing signs that spring shipping season has sprung. There were strong gains in 5 of the top 6 van markets, which could start to chip away at some of the excess truckload capacity that’s been building on the spot market lately. mile on average. FALLING.

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All The Supply Chain News You Need To Know 1.14 - 1.18

Freight Plus

To combat areas shippers can’t control like capacity, rate hikes, and driver shortages, they’re turning to. Congestion-related costs have ballooned in city centers as the demands of. parcel shipping. New York City has seen a 29% increase in residential deliveries from 2010 to 2015. The state has agreed to update to.

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Asian imports turn up the heat for vans on the West Coast

DAT Solutions

Expect the seasonal pressure to continue through much of November, as a massive typhoon in Hong Kong caused scheduling delays on inbound ships at the Ports of Los Angeles and Long Beach, the arrival point for 49% of Asian imports. The load-to-truck ratio is a sensitive, real-time indicator of the balance between demand and capacity.

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Rates rise, but gains may be temporary

DAT Solutions

Truckload capacity remained tight during the first week of 2019, and national average rates increased 3¢ for vans, reefers and flatbeds. That pushed the load-to-truck ratio up 6%, signaling that demand outpaced truckload capacity. Denver to Oklahoma City gained 21¢ to $1.41/mile.

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Spot Freight Volumes Get Welcomed Boost

DAT Solutions

That would’ve led to more reefer trucks competing for van freight, and the extra capacity kept rates down. Columbus, OH, had spikes on a pair of lanes shipping into the Northeast, which is unusual for this time of year: Columbus to Buffalo was up 17¢ to $2.79/mile. Weaker reefer load counts are likely to blame. RISING LANES.

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Truckload Rates Finally Catch Up to Freight Volumes

DAT Solutions

That may have caused reefer trucks to spill over into van capacity out in Charlotte , with the extra competition driving down outbound van rates. Houston to Oklahoma City cooled, falling 15¢ to $1.73/mile. A mid-March freeze killed a lot of fruit in Georgia and the Carolinas , which has affected reefer load counts.

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Truckload Rates Finally Catch Up to Freight Volumes

DAT Solutions

That may have caused reefer trucks to spill over into van capacity out in Charlotte , with the extra competition driving down outbound van rates. Houston to Oklahoma City cooled, falling 15¢ to $1.73/mile. A mid-March freeze killed a lot of fruit in Georgia and the Carolinas , which has affected reefer load counts.