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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. Cleveland to Chicago also paid 15¢ better at $1.75/mile. Grand Rapids to Cleveland also rose 24¢ to $3.35/mile. It was back down to $2.48/mile.

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Spot Market Freight Rates Soar After Hurricane Harvey

DAT Solutions

Dallas rates also soared, as some freight was diverted to that busy freight hub. Rates on lots of intrastate lanes out of Dallas spiked last week. Not surprisingly, the Dallas to Houston lane rate soared from $2.40 The number of reefer loads moving from Dallas to Houston was way down, but rates jumped up to $4.29

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Severe weather causes freight rates to slip

DAT Solutions

As a result, several lanes to Los Angeles had sharp drops: Dallas to Los Angeles moved down to $1.27/mi. Grand Rapids to Cleveland was down 29¢ to $3.85/mi. Chicago to Los Angeles dropped to $1.51/mi. Salt Lake City to Stockton fell to $1.72/mi. The reefer load-to-truck ratio dipped to 2.9 loads per truck. Falling Rates.

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Top 5 Markets for Dynamic Warehousing Demand

FLEXE

We’re seeing the highest demand in these cities and metros: #1 Cleveland, OH: With its award-winning port, superior access to interstate highways and highly ranked distribution infrastructure, the Cleveland Ohio area apparently has a lot of appeal for companies requiring warehouse space in the upper mid-west.

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Top 5 Markets for Dynamic Warehousing Demand

FLEXE

Demand for dynamic warehouse space is highest in Cleveland.</p> Companies are actively seeking dynamic warehouse space in the Dallas area.</p> Pittsburgh has been hailed as a model 21st century city for its economy and support of jobs and business.

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Flatbed rates and volumes move upward

DAT Solutions

Plenty of flatbed markets in the South and East experienced rising prices, including Birmingham, Tampa, Atlanta, Savannah, Raleigh, Harrisburg, Dallas and Phoenix. On the other hand, flatbed prices trended down in a handful of key markets, including Jacksonville, Las Vegas, Cleveland, Pittsburgh , and Roanoke. Rising Rates.

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Spot market demand heats up out West

DAT Solutions

Over the past month we’ve seen rates fall from Chicago, Columbus and Dallas. Dallas to Denver fell 10¢ to $2.03/mi. Last week saw strong movements out of Baltimore, Fort Worth, Cleveland and Savannah. Roanoke to Cleveland gained 54¢ to $2.67/mi. Cleveland to Milwaukee increased 50¢ to $4.38/mi.