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Reefer rates rise as Florida hits its stride

DAT Solutions

Freight volumes surged about 25% out of both Miami and Lakeland, FL, and some lanes about of Florida saw rates jump as much as 85¢ per mile. Florida - In the past few weeks, Florida has been a mixed bag: one week Miami is up and Lakeland down, and the next week Lakeland is up and Miami down. Falling rates.

Florida 84
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Reefer Freight Adjusts to Post-Holidays, Post-ELD

DAT Solutions

Green Bay to Minneapolis also jumped up 48¢ to $3.49/mile Minneapolis is hosting the game this year, and around this time last year we saw inbound rates rise to Houston, where the previous Super Bowl was held. Miami, Denver, Sacramento and Lakeland, FL , all experienced sharp drops last week.

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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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Is the spot market sputtering or stabilizing?

DAT Solutions

Lakeland, FL to Charlotte gained 19¢ to $1.65/mile. Green Bay to Minneapolis fell 28¢ to $2.25/mile. Miami to Boston dropped 26¢ to $1.74/mile. McAllen, TX to Atlanta added 25¢ on solid volumes, rising to $2.46/mile. Falling Rates. The national average reefer rate has fallen for 7 straight weeks.

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Spot Rates Begin Seasonal Slide, but From Higher Peak

DAT Solutions

Charlotte and Los Angeles continue to have the highest outbound van rates, while Atlanta remains number one for load volume. And in the Southeast, Atlanta to Charlotte lost 20¢ to $2.47 Green Bay to Minneapolis spiked 57¢ to $3.12 Miami to Elizabeth, NJ dropped 32¢ to $1.58 RISING LANES. RISING LANES.

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Is the spot market sputtering or stabilizing?

DAT Solutions

Lakeland, FL to Charlotte gained 19¢ to $1.65/mile. Green Bay to Minneapolis fell 28¢ to $2.25/mile. Miami to Boston dropped 26¢ to $1.74/mile. McAllen, TX to Atlanta added 25¢ on solid volumes, rising to $2.46/mile. Falling Rates. The national average reefer rate has fallen for 7 straight weeks.