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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 Denver also increased 14¢ to $3.21/mile. Columbus to Memphis rates declined 13¢ to $1.85/mile. Last week van volumes climbed more than 10%, which suggests rates may head up again soon.

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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. NOT SO HOT – The Denver market is always a tough place to find a load, and outbound rates dropped even further there last week. down 7¢ to 94¢ per mile.