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Rebuilding Efforts Fuel Flatbed Demand

DAT Solutions

The flatbed traffic from Houston and along the Gulf Coast that stalled after the hurricane is also getting back to normal. Baltimore rates rose sharply after Irma, likely due to ocean cargo that was diverted from Miami and Savannah. Rates below include fuel surcharges and are based on real transactions between carriers and brokers.

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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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Rates Rise Unexpectedly in Early August

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Those lanes are associated with retail, and the cargo may include last-minute merchandise for the back-to-school season. Of course, the biggest flatbed market by far is Houston , which hit a plateau in July. There’s not much change now, but outbound volume and rates have held up well over the past six weeks.