Van freight stabilizes in early October

DAT Solutions

But freight has mostly "normalized” on the spot market. DAT load boards provide the largest and most trusted digital freight marketplace in the trucking industry, with more than 270 million loads and trucks posted annually, plus insights into current spot market and contract rates based on $57 billion in real transactions. NOTE: The map depicts outbound load-to-truck ratios for dry van freight. Changes in the ratio often signal impending changes in freight rates.

Freight Rates Adjust to Post-Hurricane Irma Demand

DAT Solutions

We’ve seen a big increase in van freight moving from Atlanta and Charlotte down into the state. As mentioned above, there’s been a big uptick in freight going into Florida from Atlanta and Charlotte , and rates on those lanes soared last week. Part of that, though, is because there's even less freight leaving Florida than usual, so the inbound rates account for at least part of the potential deadhead miles on the roundtrip.

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2 Signs That the Freight Recession Really Is Over

DAT Solutions

Together, the ratio and rates offer strong evidence yet that the freight recession is over. The biggest spike was on the lane from Charlotte to Buffalo , which jumped up 44¢ to an average of $2.74/mile. Reefer freight is in transition. Meanwhile, the bulk of California freight has yet to hit the spot market. Last week, the national load-to-truck ratio for vans was the highest it's been since March 2014.

Spot Market Freight Rates Soar After Hurricane Harvey

DAT Solutions

Most of the major van markets actually had fewer outbound loads available, though, and most regular freight heading to Houston was canceled. Dallas rates also soared, as some freight was diverted to that busy freight hub. Rates rose in Columbus , as well, as population centers in the Northeast are receiving more freight from that direction. Stockton, CA , showed the least price movement among major freight markets last week, and outbound volumes there were off by 14%.

Emergency Freight: What Harvey Tells Us About Irma

DAT Solutions

Less than ten days after Hurricane Harvey, trucks are already moving freight out of Houston, with almost the same volume as before the storm. Houston is also a major freight hub for rail and sea traffic, as well as trucking, including trade with Mexico by land and with South America and other regions by sea. Outbound freight has picked up by now, and rates have declined in both directions after the initial, post-storm peak.

Rates and Demand Are Still High for Refrigerated Freight

DAT Solutions

Seasonal harvests are winding down, but capacity is still tight for reefer freight. The weakest reefer lane was Lakeland, FL to Charlotte , down 30¢ to $1.19/mile, and it’s continuing on a downward trend this week. That’s led to higher reefer rates on the West Coast and in the Midwest. Potato shippers seem to be feeling the effects of the ELD protests that have been scattered across the country.

Dog days of summer freight?

DAT Solutions

This would typically be a down time for freight, and while rates in July and August are lower than they were in June, they're still 25 to 30% higher than last year. DAT load boards provide the largest and most trusted digital freight marketplace in the trucking industry, with more than 270 million loads and trucks posted annually, plus insights into current spot market and contract rates based on $57 billion in real transactions. Buffalo to Charlotte gained 27¢ to $2.56/mile.

Freight Rates Dip while Load Availability Climbs

DAT Solutions

Freight volume increased slightly for vans on the spot market last week, but truckload capacity increased more, so the national average load-to-truck ratio edged down from 1.9 Freight availability declined most sharply in the Midwest and California, but a few individual markets offered a lot of loads and trucks were scarce, creating opportunities for small fleets. They had relatively few loads though, so check outbound freight before taking a load into those states.

Where's the Freight? 5 Markets with Lots of Van Loads

DAT Solutions

Of the 13 major van freight markets tracked weekly in DAT Trendlines , only Memphis had an average outbound rate above $2.00/mile last week. Dallas is the top destination for loads, but Texas is in a freight slump. MINNEAPOLIS: The Upper Midwest has been strong for van freight thanks to fall harvests. CHARLOTTE: Van rates out of Charlotte are down for the month, but load availability remains strong. Freight Rates

Prices fall as flooding halts freight

DAT Solutions

As many parts of the Southeast deal with flooding as a result of Hurricane Florence, the transportation industry is re-adjusting to recovery mode, as demand for emergency freight shipped to the area will increase in the coming days. That typically comes with a temporary spike in inbound rates to the affected region, and it also means that most truckers will have to account for some deadhead miles, since there likely won't be much outbound freight.

Spring Has Sprung for Spot Market Freight

DAT Solutions

Produce season is also kicking into high gear in many reefer markets, which affects dry van freight. DAT load boards provides the largest and most trusted digital freight marketplace in the trucking industry, with more than 179 million loads and trucks posted annually, plus insights into current spot market and contract rates based on $45 billion in real transactions. Charlotte to Buffalo up 17¢ to $2.94/mile.

Florida Refrigerated Freight in Full Swing

DAT Solutions

DAT load boards provides the largest and most trusted digital freight marketplace in the trucking industry, with more than 179 million loads and trucks posted annually, plus insights into current spot market and contract rates based on $45 billion in real transactions. Lakeland to Charlotte climbed 39¢ to $3.18/mile. Reefer load counts and rates continued to climb last week, boosted by produce markets across the country.

Early winter storms could cause freight schedules to slip

DAT Solutions

That means a lot of freight delivery schedules are going to slip. Over the weekend, Winter Storm Diego blanketed Charlotte, Raleigh and many miles of highway in North Carolina, extending east to Tennessee and north to Virginia. Storms freeze freight flows. Winter storms can have a big impact on regional freight moves, especially during a busy season. Demand could get intense, especially if more snow falls or other major freight hubs are affected, too.

Freight Surge Expected for Q2 and July 4

DAT Solutions

Van freight was a little quiet last week, but a rebound should be underway now, to close the second quarter on a high note. Reefer freight volume should get a boost too, due to last-minute demand for fresh food, ahead of the July 4th weekend. Hot Markets include Southeastern freight hubs like Atlanta , Charlotte and Memphis , plus Buffalo , NY. Flatbed freight is also strongest in the Southeast.

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. For example, you can expect to see a lot more than the usual number of westbound loads on DAT load boards out of Atlanta, Charlotte and Greenville , SC in the next week or two. Buffalo to Charlotte added 20¢ to $1.88

California Reefer Freight Starts to Heat Up

DAT Solutions

HOT MARKETS: The biggest changes last week were in California, where reefer freight finally started to move out of Fresno and Sacramento in serious quantities, but load counts fell sharply in L.A. Central Florida got a late-season boost, with rates from Lakeland to Charlotte up 47¢ to $2.29 Reefer rates rose 10¢ per mile in June, compared to May, landing at $2.12, the highest monthly average in almost two years.

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

DAT Solutions

A lot of the spot market freight volumes that were stalled in the aftermath of Hurricane Harvey have started to come back. 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. That’s a common trend when the flow of freight shifts southward.

August Demand Stays Hot for Truck Freight

DAT Solutions

Freight out of Columbus is associated with retail traffic. Compared to last week, rates were stable in most other major markets, but if you compare to late July, rates are down in Atlanta , Charlotte and Houston. Load-to-truck ratios declined for vans and flatbeds on DAT load boards last week, but the average ratio rose for reefers. Rates lost a penny per mile for each of the three equipment categories, as a national average.

Is the Freight Recession Really Over?

DAT Solutions

At the beginning of the year, DAT Pricing Analyst Mark Montague declared that the freight recession was over. Since then, we've been in the middle of what's traditionally been the slow season for freight. The steady decline in van and reefer rates over the course of several weeks left a lot of people wondering whether or not the freight recession really was over. Savannah to Charlotte also lost 44¢ at $2.41/mile.

Reefer Freight Adjusts to Post-Holidays, Post-ELD

DAT Solutions

The demand for refrigerated trailers peaked at year-end, but the extra-cold weather in many parts of the country has kept prices at record-setting levels in many areas, since those trailers are being used to keep freight from freezing. Lakeland to Charlotte lost 62¢ at $1.81/mile.

3 Cheers for the Spring Freight Season!

DAT Solutions

Spring has sprung, bringing a long-awaited upward trend in freight volume.and RATES!! But seasonal freight is coming soon, and it should provide welcome relief for carriers after a quiet winter. Atlanta rates also slipped, although rates held up well in other regional hubs, including Memphis and Charlotte. There’s plenty of freight from Chicago to Atlanta, but the rates aren’t great, and the return trip is worse.

Winter Storm Stalls Freight, as Van Rates Rise

DAT Solutions

Winter Storm Stella kept a lot of freight from moving early last week, which stalled volume in markets along the East Coast. First, there was a rush to move freight before the storm hit, and then highways were closed, so most freight couldn’t move at all. You won't find any snow down in Houston, where freight volumes and rates continued to climb last week. • Inbound lane rates from Charlotte to Allentown and Columbus to Allentown also rose by double digits.

March Freight Moves Out on a High Note

DAT Solutions

That song is from "Carousel" and I started humming it under my breath as I sat down to write about last week's freight market. Looks like we won't have to wait until June for freight and rates to be "bustin' out all over" though, because rates are already heading in that direction. Also, if you have an available flatbed, you're gonna be very, very popular with freight brokers. Looks like ELDs are having a renewed impact, on top of growing demand for freight transportation.

Spot market settles after Hurricane Florence

DAT Solutions

As people in the Carolinas try their best to return to their normal routines, the freight markets have settled back down into typical seasonal trends following Hurricane Florence. Unlike with Hurricanes Harvey and Irma, the impact from Florence on freight movements was mostly felt regionally. Buffalo to Charlotte was down 24¢ at $2.44/mile. Atlanta to Charlott e fell 17¢ to $2.84/mile.

Hurricane Matthew Affects Spot Rates and Freight Volumes

DAT Solutions

Shippers paid more to move freight ahead of the storm, and then load posts dropped when the affected markets locked down at the end of the week. Reefer load posts spiked in Charlotte last week ahead of Hurricane Matthew. Spot market rates were up last week, but volumes fell. Hurricane Matthew likely played a role in both of those factors. Inbound rates could rise in hard-hit areas like North Carolina this week.

Truckload Rates Finally Catch Up to Freight Volumes

DAT Solutions

That's normal, since it comes right after the end of Q1, when shippers are rushing to move freight before closing their books. The backhaul lane from Philadelphia to Charlotte added 15¢ to $1.46/mile, which could be a reaction to the conditions in Charlotte -- more on that below. That may have caused reefer trucks to spill over into van capacity out in Charlotte , with the extra competition driving down outbound van rates. Reefer freight has been gaining momentum.

Truckload Rates Finally Catch Up to Freight Volumes

DAT Solutions

That's normal, since it comes right after the end of Q1, when shippers are rushing to move freight before closing their books. The backhaul lane from Philadelphia to Charlotte added 15¢ to $1.46/mile, which could be a reaction to the conditions in Charlotte -- more on that below. That may have caused reefer trucks to spill over into van capacity out in Charlotte , with the extra competition driving down outbound van rates. Reefer freight has been gaining momentum.

How rate transparency grows SMBs: Introducing the FBA Index

Freightos

Among the over 10,000 small businesses on Freightos.com , the world’s largest digital freight marketplace, many are small eCommerce businesses who use Freightos.com to ship directly to Amazon FBA warehouses and other fulfillment solutions. 2020 was a critical year for small importers.

Freight Rates Are Coming Back Down to Earth

DAT Solutions

December was arguably the strongest month for freight in 2016. Spot market volumes still look strong, but contract freight has been a little slow. There's more freight moving out of Houston this month. Rates on the lane from Buffalo to Charlotte improved 9¢ to $1.75 Just like with vans, it may be a case of less contract freight moving, which has led to more capacity on the spot market.

Freight Abounds, but Rates Return to July Levels

DAT Solutions

We expected the sizzling hot freight market to cool off a little, and it did. Van Freight Abounds, but Rates are Down. We did have a dip in load availability last week but there’s still a lot of freight out there for vans. The Philly market is home to some large distribution centers, as is its neighbor Allentown , so that whole area got a little lift from freight heading to even bigger population centers in the Northeast. Charlotte and Atlanta also lost traction.

Van Freight Volume Edges Up, as Rates Lag

DAT Solutions

Van freight availability rebounded 3% on the spot market last week , and truck posts increased 2%. Texas had less freight than usual, and a lot more trucks, especially in the Dallas area during the GATS Expo. per mile for vans last week , as declining rates in Los Angeles, Dallas and other major markets offset gains in outbound rates from Chicago, Buffalo and Charlotte. After rounding, the national average load-to-truck ratio remained the same, at 1.8

Vans Find Freight in the South, as Reefers Head West

DAT Solutions

Freight volume is trending up in some key lanes, a signal that rates may turn around this week or next. Three Southeast regional hubs are in the top four cities for load posts on DAT load boards: Atlanta , Charlotte and Memphis. There is more reefer freight leaving Los Angeles , and outbound rates are expected to rebound soon, after a quiet week. National average rates fell a few cents for vans and reefers last week, after an end-of-quarter spike in the previous week.

Freight Rates Were Mostly Neutral Ahead of Winter Storm

DAT Solutions

That'll no doubt affect freight movements, with trucks banned from some highways in the Northeast while Connecticut, Pennsylvania, and Virginia declare states of emergency. Charlotte joined Atlanta as an early leader ahead of the spring freight season, but the story for the past few weeks has been Houston. That includes van freight, but it’s especially true for flatbed. A blizzard has left much of the East Coast buried under snow.

Sun Belt States are Hot for Seasonal Freight

DAT Solutions

Freight markets are heating up in the Sun Belt. Flatbeds saw rising freight volume and rates in the Southwest and a handful of Southeastern markets. Flatbed freight is strongest in the Southeast region, but not in the usual locations. Other warm-weather markets also got a boost last week, including Los Angeles , where outbound rates rose an average of 5¢, and Phoenix , where a big increase in freight volume led to an 18¢ jolt.

Miami 71

Better weather helps push van rates upward

DAT Solutions

DAT load boards provide the largest and most trusted digital freight marketplace in the trucking industry, with more than 256 million loads and trucks posted annually, plus insights into current spot market and contract rates based on $60 billion in real transactions. We're finally seeing the impact of better spring weather, with higher freight volumes coming out of both Chicago and Charlotte. Charlotte to Buffalo also rose 11¢ to $2.24/mi.