Van freight gears up for the holidays
NOVEMBER 7, 2018
The threatened strike by UPS Freight (LTL) may already be causing shippers to divert their cargo to other channels. Los Angeles to Denver also increased 14¢ to $3.21/mile. The West Coast continued to drive spot market demand last week. Load-to-truck ratios in Los Angeles hit 12.2 on Friday, even stronger than the prior Friday when it was just over 10. Los Angeles outbound rates rose last week, which is in contrast to declining rates in most of the remainder of the country.