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. Transportation and logistics professionals are urged to contact the American Logistics Aid Network , if you can help provide trucks, trailers, or warehouse space. 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.

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.

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Advantages of Basing Your Distribution Center in North Carolina

Kanban Logistics

Whether a company requires inbound logistics services or more standard warehousing and distribution services, there are major advantages to basing distribution center operations in North Carolina. It contains multiple freight rail systems, including those run by CSX and by Norfolk Southern Railway, and is also home to seaports in Wilmington and Morehead City as well as two inland ports. Quicker transportation times result in lower freight costs.

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.

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.

This Week in Logistics News (April 4-8, 2016)

Talking Logistics

MercuryGate Launches Global, Omni-modal Freight Procurement Solution. Manhattan Associates Empowers Warehouse Managers With New E-Commerce Capabilities. On Wednesday Amazon announced “the expansion of Prime FREE Same-Day Delivery to even more metro areas including Charlotte, Cincinnati, Fresno, Louisville, Milwaukee, Nashville, Raleigh, Richmond, Sacramento, Stockton, and Tucson, plus new areas in Central New Jersey, Dallas-Fort Worth, Los Angeles, and San Diego.”

Guinea 109

Demand Heats Up for Vans and Reefers

DAT Solutions

End-of-quarter and pre-holiday freight was even stronger than expected last week in Atlanta , Charlotte and Memphis , which were the top three markets for outbound loads on DAT load boards. Reefer freight remains strong in the Southeast, too, but the Mid-Atlantic markets of Philadelphia and Elizabeth , NJ won the award for “most improved” last week. Northbound lane rates continue to rise out of Atlanta, Memphis and Charlotte, for both vans and reefers.

How Does Atlanta's I-85 Bridge Collapse Affect Truckloads?

DAT Solutions

The collapse of a section of a bridge section on I-85 just north of Atlanta was shocking for two reasons: No injuries were reported, and its impact on spot market truckload freight has been and probably will be muted. Traffic jams will slow freight entering and leaving the Atlanta market for the next few months, but the impact on truckload freight is likely to be limited to freight going to and from Charlotte and the Carolinas and other points north.

The Economy is on a Roll

EFT

Confirming the trend, the Cass Freight Index Report for October showed shipments increased 2.7 We have successfully rolled out a new warehouse management system, an accounting system and a variety of other systems updates. Congratulations go to the transportation team for growing revenues during a tough freight market. . From my point of view, I am optimistic about the coming year as we wrap up a solid 2016 at Wagner Logistics.

Van and Reefer Rates Drop, in Mid-July Lull

DAT Solutions

Load availability and rates dropped from the previous week, but rates are still well above June averages for van and reefer freight. Rates declined on most northbound lanes out of Atlanta and Charlotte last week. Reefer freight volume declined last week, and rates adjusted after a surprising spike right after the 4th of July. Reefer freight volume is building in Fresno , so look for rates to trend up there, even as volume and rates decline in L.A.

Storms and Rising Fuel Costs Put Pressure on Flatbed Rates

DAT Solutions

Rates rose across the region, with shippers moving freight out of the way of the coming storm. Transportation and logistics professionals are urged to contact the American Logistics Aid Network , if you can help provide trucks, trailers, or warehouse space. Baltimore to Charlotte added 36¢ at $1.89 Flatbed rates haven’t moved much in the past month, but that could change in the coming weeks.

A New Year, a New Administration Begins

EFT

The twelve industries covered by the NMI that showing December growth are: Mining; Retail Trade; Finance & Insurance; Information; Arts, Entertainment & Recreation; Construction; Health Care & Social Assistance; Professional, Scientific & Technical Services; Utilities; Transportation & Warehousing; and Accommodation & Food Services. . The rising Consumer Price Index ( CPI ), up 2.1