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Van freight gears up for the holidays

DAT Solutions

The threatened strike by UPS Freight (LTL) may already be causing shippers to divert their cargo to other channels. Los Angeles to Dallas increased 14¢ to $2.51/mile. Los Angeles to Dallas increased 14¢ to $2.51/mile. Out East, Buffalo to Columbus recovered 21¢ to hit $2.21/mile. Hot Markets. Not So Hot.

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

DAT Solutions

Ships arrived late, and containers were unloaded and drayed to warehouses late, so that cargo is finally heading east and north. to Chicago , Dallas , Phoenix , and Denver. Some shippers preferred to deliver cargo there by sea, bypassing the Los Angeles-area ports altogether. Columbus to Buffalo fell 18¢ to land at $3.45/mile.

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Cargo Ship Woes Still Affecting Spot Market Rates

DAT Solutions

Columbus is a hub for retail distribution centers, and lane rates last week for L.A. to Columbus were also the highest they’ve been in a year, at $1.59/mile. to Elizabeth , NJ is a 2,782-mile trip, and it paid $1.70/mile mile on average for the past week. That’s the highest rate for that lane in more than a year.

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Rates Rise Unexpectedly in Early August

DAT Solutions

Those lanes are associated with retail, and the cargo may include last-minute merchandise for the back-to-school season. Rates also got a boost on eastbound lanes out of Chicago and Columbus , both averaging above $2.10 One example is the lane from Columbus to Buffalo. per mile now, due to a richer mix of load and lane choices.

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Van Rates Peak in July, Flatbed Prices Rise in Southeast

DAT Solutions

Memphis had more loads last week, as it replaced Houston as the number 3 market for load availability, following Atlanta and Dallas. Memphis outbound rates were down for the week, but rates are rising in the Midwest, starting with Columbus. Rates were hurt by changes in the mix of cargo.