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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 Philadelphia to Boston rates rose 25¢ to $3.53

Freight 70
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Van Ratios and Rates Hit Record Highs at End of Quarter

DAT Solutions

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. Atlanta and Charlotte prices were also up by double-digit percentage points. per mile.