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Hurricane Michael halts shipments

DAT Solutions

Road closures halted shipments on major trade routes like I-10 between Houston, New Orleans and Jacksonville , and I-75 up from Florida to Atlanta. One noteworthy thing was that pricing out of Atlanta and Charlotte was mostly neutral despite all the canceled shipments from there to Florida. Rates fell on 70 of the top 100 van lanes.

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Truckload Rates Finally Catch Up to Freight Volumes

DAT Solutions

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. That may have caused reefer trucks to spill over into van capacity out in Charlotte , with the extra competition driving down outbound van rates.

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Truckload Rates Finally Catch Up to Freight Volumes

DAT Solutions

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. That may have caused reefer trucks to spill over into van capacity out in Charlotte , with the extra competition driving down outbound van rates.

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Where to Find Loads in the Slow Season

DAT Solutions

Cleveland to Charlotte is another alternative that has paid better in the past couple weeks, with a good number of loads posted. Highest Volume Lane: Miami to Jacksonville. In the past 7 days, reefer rates on the lane from Miami to Jacksonville have been the highest they’ve been in more than a year, fetching $2.37/mile

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Rebuilding Efforts Fuel Flatbed Demand

DAT Solutions

The lane from Baltimore to Charlotte jumped up 60¢ last week to $2.22/mile, Flatbed rates have been down in port cities that were affected by Irma: Tampa, Jacksonville and Savannah. Rates below include fuel surcharges and are based on real transactions between carriers and brokers. mile, but volumes are trending back down now.

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Sun Belt States Are Hot for Vans and Reefers

DAT Solutions

Four of the top five markets for van load posts are in the Southeast region: Atlanta , Charlotte , Greenville , and Lakeland. Rates are up for flatbeds in some Sun Belt markets, particularly Jacksonville in the Southeast, Dallas and neighboring Fort Worth, plus Phoenix. The fifth is Houston.).

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Is the Freight Recession Really Over?

DAT Solutions

Outbound rates trended down last month in Savannah, Jacksonville and Los Angeles. Savannah to Charlotte also lost 44¢ at $2.41/mile. Raleigh to Baltimore also paid 32¢ better on average at $2.61/mile, mile, another rate that’s more typical for summer. Cleveland to Houston also dropped 31¢ to $1.62/mile.

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