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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. Buffalo to Charlotte added 20¢ to $1.88 RISING LANES. FALLING LANES.

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Van Ratios and Rates Hit Record Highs at End of Quarter

DAT Solutions

The combination boosted demand, as shippers wanted to move freight out the door before the end of June. One additional source of rate pressure looms, however: Amazon's Prime Day, with special deals on merchandise and shipping, is coming up on Tuesday. Outbound rates in Memphis are up 14% for the month. loads per truck.

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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. Rates improved in Dallas , Atlanta , and Memphis , as well as L.A. Flatbed freight is strongest in the Southeast region, but not in the usual locations. and Stockton.

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Loads and Rates Rise as Month Ends

DAT Solutions

In the Southeast, rates are rising in Atlanta and Charlotte , but Memphis outbound rate trends were mixed, with some lane rates increasing while others declined. Every region has at least one Hot Market for flatbed freight. Outbound rates are moving up in Raleigh, NC, and there’s lots of freight available.

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