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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.

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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. Atlanta to Charlott e fell 17¢ to $2.84/mile.

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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. Houston to Oklahoma City was down 8¢ to $1.97/mile. Reefer freight is in transition.

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Hurricane Michael halts shipments

DAT Solutions

Demand for trucks will likely increase in the coming weeks, with FEMA loads and emergency freight heading to the Florida Panhandle, Georgia and the Carolinas. How to find FEMA loads and trucks, and what to consider when handling emergency freight. Houston to Oklahoma City dropped 19¢ to $2.04/mile.

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How Hurricane Florence affects freight

DAT Solutions

Big weather events like this usually affect the spot freight market in three stages. Before the storm , there’s urgency to move freight into the area or out of the way of the storm’s path. Some of those loads are already being tendered to freight brokers and 3PLs, who post them on DAT load boards.

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Higher van volumes fail to boost rates

DAT Solutions

Van freight volumes did increase more than 6% in the last week of March, but there was enough capacity to cover the demand. Freight volumes were up more than 10% in Houston last week, with pushed prices up on several lanes. In the East, rates are still falling on many lanes, including: Buffalo to Charlotte fell 15¢ to $2.12/mi.

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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, mile, which could be a reaction to the conditions in Charlotte -- more on that below.