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Hurricane Michael halts shipments

DAT Solutions

Once again, the supply chains were dealt a major disruption last week from Mother Nature. One noteworthy thing was that pricing out of Atlanta and Charlotte was mostly neutral despite all the canceled shipments from there to Florida. Pretty much all markets were down last week, with lots of shipments canceled due to the storm.

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Spot Market Van Rates Soared in September

DAT Solutions

Meantime, rates and volumes are starting to come back down to normal in the Southeast, but supply chains throughout the rest of the country are still feeling the ripple effects, as evidenced by all the dark red in the Hot States Map below. Columbus to Memphis climbed 37¢ to $2.28/mile. Chicago to Dallas rose 18¢ to $2.45/mile.

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2 Signs That the Freight Recession Really Is Over

DAT Solutions

That was back when demand for trucks skyrocketed because extreme winter weather caused massive disruption to supply chains. 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.

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Emergency Freight: What Harvey Tells Us About Irma

DAT Solutions

But rates remain elevated in the region due to supply chain disruptions and pent-up demand. After Harvey smacked into Houston, some shippers started supplying the South Central region from distribution centers in the Southeast. Flood waters cover a Houston highway during Hurricane Harvey.

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