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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. The Dallas and Houston markets continue to be extremely slow, with weak load-to-truck ratios. Falling lane included: Philadelphia to Boston slipped 16¢ to $3.72/mile. Pressure is building, however. Not So Hot.

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Organized Retail Crime is Growing, Losses up 7% from Last Year

Material Handling & Logistics

Some ORC activity happens before merchandise ever reaches stores, with 29% of retailers saying they had been the victim of cargo theft that occurred along their supply chains. Philadelphia, and Arlington/Dallas/Fort Worth, tied; and 10) Fort Lauderdale and Seattle, tied. The number was down from 40% last year and 44% the year before.

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How Will Hurricane Harvey Affect Freight Rates?

DAT Solutions

Trucks can’t get in or out of Houston , which is a huge freight hub – it’s the number 1 source of loads for flatbeds, thanks to the oil and gas industry, and one of the top 5 or 6 markets for both van and reefer freight. Philadelphia to Boston rates rose 25¢ to $3.53 RISING LANES. FALLING LANES.

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Here's How Hurricanes Irma and Harvey Have Affected Van Freight

DAT Solutions

Last week, Houston's van freight volumes rebounded to 88% of pre-storm levels. That doesn’t mean that everything is the same as before – some cargo is not moving at all, and other types of freight are moving in higher volume because of pent-up demand. Denver to Houston also dropped 31¢ to $1.35 per mile.

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Freight Abounds, but Rates Return to July Levels

DAT Solutions

The decline is a normal seasonal trend, reflecting a change in the mix of cargo and lanes. NOT SO HOT - Volume dropped last week out of Dallas , Philadelphia , Elizabeth NJ, and Lakeland in Central Florida, but outbound rate trends were not consistent. NOT SO HOT - Texas slowed down, and outbound rates dropped in Dallas and Houston.

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