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California Freight Heats Up, Spurred By Hanjin Collapse

DAT Solutions

Even if they didn’t have cargo on Hanjin ships, big retailers are starting to shift inventory from West Coast distribution centers to other DCs farther east. On the down side, there were fewer loads moving out of Columbus and Chicago last week, but outbound rates remain strong in the Midwest.

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Cargo Ship Woes Still Affecting Spot Market Rates

DAT Solutions

The bankruptcy of the world's 7th largest container carrier, Hanjin Shipping , has led to shippers re-adjusting inventories in the past couple of weeks in order to avoid stock-outs as we head into retail season. Columbus is a hub for retail distribution centers, and lane rates last week for L.A.

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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. HOT MARKETS – Three markets had rate increases last week for outbound vans, and all three are known for retail distribution centers. One example is the lane from Columbus to Buffalo.

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America’s Largest Ocean Ports

3PL Insights

Thus, these are America’s largest ocean ports: The Port of Los Angeles, The Port of Long Beach (California), The New York/New Jersey Port (Newark, NJ), The Georgia Ports (Savannah, Brunswick, Bainbridge & Columbus) and The Northwest Seaport Alliance (Washington State). The Port of Los Angeles hosted 5.5 Draymen registered total 153.

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Van Rates Peak in July, Flatbed Prices Rise in Southeast

DAT Solutions

Memphis outbound rates were down for the week, but rates are rising in the Midwest, starting with Columbus. This could be due to retail re-stocking for back-to-school season, which would be a good sign. Rates were hurt by changes in the mix of cargo. On a lane-by-lane basis, flatbed trends swung wildly.