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Spot Market Van Rates Soared in September

DAT Solutions

Columbus is a key distribution point for the Midwest and the Northeast, and it shipped more to the Southeast after the storms. Columbus to Memphis climbed 37¢ to $2.28/mile. Lots of Florida-bound freight also comes from Charlotte , and rates on the Charlotte-to-Lakeland lane also dropped 20¢ to $2.88/mile.

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2 Signs That the Freight Recession Really Is Over

DAT Solutions

Higher prices out of Memphis and Columbus tell us that retail traffic is moving, and higher rates out of Dallas and Seattle show us that the improvement is far-reaching. The biggest spike was on the lane from Charlotte to Buffalo , which jumped up 44¢ to an average of $2.74/mile. That paid $2.19/mile mile on average last week.

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How Hurricane Florence affects freight

DAT Solutions

Many of the destinations are in inland North Carolina markets, including Charlotte, and those lane rates are rising now. DAT connects carriers with brokers and shippers who have urgent shipping needs, including FEMA loads. mile • Philadelphia to Charlotte also climbed 15¢ to $1.90/mile Learn more about DAT load boards.

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Truckload Rates Finally Catch Up to Freight Volumes

DAT Solutions

Memphis to Atlanta was up 13¢ at an average of $2.23/mile. 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. Rates out of Memphis were down after a strong drop in volumes.

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Truckload Rates Finally Catch Up to Freight Volumes

DAT Solutions

Memphis to Atlanta was up 13¢ at an average of $2.23/mile. 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. Rates out of Memphis were down after a strong drop in volumes.

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How Will Hurricane Harvey Affect Freight Rates?

DAT Solutions

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 Columbus to Memphis lost 10¢ of the previous week’s gain, back to $1.70 FALLING LANES.

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Have Van Rates Turned the Corner?

DAT Solutions

Still, this is the second week in a row with rising volumes, so this could be a strong early start to the spring shipping season. Memphis to Charlotte was up 21¢ to $2.53/mile. Charlotte to Buffalo was down 17¢ at $2.69/mile. Out West, Seattle to Spokane, WA , bounced back 15¢ to $3.05/mile.