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Supply Chain Matters This Week in Supply Chain Tech- October 10 2023

Supply Chain Matters

Chicago based Loop was founded in 2021 when many businesses struggled with added logistics disruption brought about be the Covid-19 global pandemic. is being established cooperatively by OCEMA , Georgia Ports Authority, Jacksonville Port Authority, North Carolina State Ports Authority, SACP, and CCM.

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This Week in Logistics News (October 8-12, 2018)

Talking Logistics

Transplace Acquires Yusen Logistics’ Intermodal & Freight Brokerage Group. Freight trucking startup Shipwell gets a $10 million boost (TechCrunch). Transplace Acquires Yusen Logistics’ Intermodal & Freight Brokerage Group. Amazon Patents Drone Chute For Quiet Deliveries (CB Insights).

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Is the Freight Recession Really Over?

DAT Solutions

At the beginning of the year, DAT Pricing Analyst Mark Montague declared that the freight recession was over. Since then, we've been in the middle of what's traditionally been the slow season for freight. But compared to February of last year, there's been more than a 100% increase in freight on the spot market this month.

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Truckload Rates Finally Catch Up to Freight Volumes

DAT Solutions

That's normal, since it comes right after the end of Q1, when shippers are rushing to move freight before closing their books. Chicago remains soft, and the lane to Buffalo fell 23¢ to $2.09. Reefer freight has been gaining momentum. Flatbed freight was strong in March, and there was a spike in rates to close the month.

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Truckload Rates Finally Catch Up to Freight Volumes

DAT Solutions

That's normal, since it comes right after the end of Q1, when shippers are rushing to move freight before closing their books. Chicago remains soft, and the lane to Buffalo fell 23¢ to $2.09. Reefer freight has been gaining momentum. Flatbed freight was strong in March, and there was a spike in rates to close the month.

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Flatbed rates move lower, but they're still pretty high

DAT Solutions

DAT load boards provide the largest and most trusted digital freight marketplace in the trucking industry, with more than 270 million load and truck posted annually, plus insights into current spot market and contract rates based on $57 billion in real transactions. Jacksonville to Miami increased 43¢ to $3.16/mile. Hot Markets.

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Major Freight Markets Saw Biggest Rate Surge of the Year

DAT Solutions

Freight patterns showed increased retail trade ahead of Memorial Day weekend, and since some drivers finished the week up early ahead of the holiday weekend, capacity also tightened. The lane from Houston to Chicago was up 17¢ to $1.94/mile. Fresno to Chicago was up 35¢ to $2.16/mile. Out West, L.A. mile on average.

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