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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. Out East, Buffalo to Columbus recovered 21¢ to hit $2.21/mile. Columbus to Memphis rates declined 13¢ to $1.85/mile. The national average van rate moved down a penny, to $2.09 Hot Markets.

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America Adapting to Supply Chain Chaos

Operations and Supply Chain Management

With global cargo lanes clogged, businesses are turning to new ways to deliver goods. Mississippi River cargo traffic near Luling, La. The former wartime airbase handled a record 1,655 international cargo arrivals in 2021, a 73% jump from 2019, and overall tonnage rose 18%. We had a good cargo business before the pandemic.

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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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How Will Hurricane Harvey Affect Freight Rates?

DAT Solutions

We expect to see rates climb in the Southeast in the coming weeks as cargo ships will be diverted from Houston's deep water port to places like Miami, Savannah, and Charleston, and then transferred to other freight hubs in the region, including Memphis, Atlanta, and Greenville , SC. Chicago to Buffalo got a 14¢ boost, to $2.73

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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.

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East and West Coast Ports to Battle for U.S. Region After Panama Canal Expansion

CH Robinson Transportfolio

In fact, the battleground on which ports compete for customers will likely expand and move several hundred miles west, toward Chicago and Memphis. It will take in other metropolitan areas like Detroit and Columbus, and encompass a newly contested region that accounts for more than 15% of the U.S.

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East and West Coast Ports to Battle for U.S. Region After Panama Canal Expansion

CH Robinson Transportfolio

In fact, the battleground on which ports compete for customers will likely expand and move several hundred miles west, toward Chicago and Memphis. It will take in other metropolitan areas like Detroit and Columbus, and encompass a newly contested region that accounts for more than 15% of the U.S.

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