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Severe weather causes freight rates to slip

DAT Solutions

In March so far, volumes are no better than February, and since capacity has been abundant, rates continue slipped. An abundance of capacity has caused van rates to move lower, even though freight volumes in 2019 are actually above previous years' levels. But the momentum has dissipated. Rising Rates.

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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. Reefer rates on the lane from Sacramento to Portland soared 70¢ to $3.42/mile.

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Reefer Rates Lose Traction in California Heat Wave

DAT Solutions

Capacity is also beginning to loosen up. Capacity remains tight in some key markets around the country, as a seasonal transition is underway. The ratio is a sensitive, real-time indicator of the balance between demand and capacity. Sacramento to Denver rebounded, jumping 38¢ to $2.96/mile. mile for the month to date.

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Amazon Leasing Air Cargo Space, Delivering by Drone

Multichannel Merchant

Amazon, facing a continued slowdown in its ecommerce business and under pressure to boost flagging sales, is looking to sell excess capacity on its commercial cargo jetliners used to move goods among its network of warehouses here and in Europe, Bloomberg reports.

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Ryder Places First Medium-Duty Electric Vehicle Order with Chanje Energy and Begins to Roll Out Charging Stations

Supply Chain Network

Ryder also plans to equip its maintenance facilities in the San Francisco, Los Angeles, San Diego, Sacramento, and San Jose, Calif. Chanje will subsequently introduce a full range of EVs including trucks, delivery vans, and shuttle buses in a variety of lengths and capacities. For more information, please visit: www.chanje.us

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Reefer Demand Spikes During Inspection Blitz

DAT Solutions

Refrigerated freight was met with tight capacity last week, with the annual Roadcheck inspection blitz taking many trucks off the road. Sacramento to Portland added 50¢ to 3.21/mile. Sacramento to Salt Lake City rose 27¢ to an average of $3.00/mile. to Portland, OR was up 45¢ to $3.33/mile.

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Reefer volumes gearing up for fall holidays

DAT Solutions

Offsetting this are declines out of Atlanta, Grand Rapids and Sacramento. loads per truck, with areas of tight capacity in a few northern states. The ratio is a sensitive, real-time indicator of the balance between demand and capacity. Activity is also up from the Nogales, AZ, market, as well as Florida and South Texas.