How Will Hurricane Harvey Affect Freight Rates?

DAT Solutions

Trucks can’t get in or out of Houston , which is a huge freight hub – it’s the number 1 source of loads for flatbeds, thanks to the oil and gas industry, and one of the top 5 or 6 markets for both van and reefer freight. Buffalo to Charlotte added 20¢ to $1.88

Here's How Hurricanes Irma and Harvey Have Affected Van Freight

DAT Solutions

A lot of the spot market freight volumes that were stalled in the aftermath of Hurricane Harvey have started to come back. Last week, Houston's van freight volumes rebounded to 88% of pre-storm levels. That’s a common trend when the flow of freight shifts southward.

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Freight Abounds, but Rates Return to July Levels

DAT Solutions

We expected the sizzling hot freight market to cool off a little, and it did. The decline is a normal seasonal trend, reflecting a change in the mix of cargo and lanes. Van Freight Abounds, but Rates are Down. Charlotte and Atlanta also lost traction.

Will sub-zero temps stall trucking operations?

DAT Solutions

often suffer from all kinds of severe weather during the first quarter, impacting freight movements. Cargo can also be damaged by the cold. If freight needs protection from freezing, the shipper may need to change routing instructions. Reefers protect freezable cargo.

Rebuilding Efforts Fuel Flatbed Demand

DAT Solutions

The immediate impacts from Harvey and Irma first showed up in van freight, then reefers. Load counts are up on DAT load boards , with more flatbed freight shipping to support the rebuilding and recovery efforts in areas affected by the storms.

Cargo Ship Woes Still Affecting Spot Market Rates

DAT Solutions

It’s currently the number 1 market for van load posts on DAT load boards , with a lot of freight moving eastward. Rates fell the most out of Allentown , PA, and Charlotte , but Hurricane Matthew could affect rates there this week.