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Severe weather causes freight rates to slip

DAT Solutions

DAT load boards provide the largest and most trusted digital freight marketplace in the trucking industry, with more than 256 million loads and trucks posted annually, plus insights into current spot market and contract rates based on $60 billion in real transactions. National Average Freight Rates. loads per truck. Rising Rates.

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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. Together, the ratio and rates offer strong evidence yet that the freight recession is over. Cleveland to Chicago also paid 15¢ better at $1.75/mile. Reefer freight is in transition.

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Spot Freight Volumes Get Welcomed Boost

DAT Solutions

We got a welcomed surge of spot market freight to close out July. That would’ve led to more reefer trucks competing for van freight, and the extra capacity kept rates down. That would’ve led to more reefer trucks competing for van freight, and the extra capacity kept rates down. RISING LANES. FALLING LANES.

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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. Reefer freight has been gaining momentum. Out West, Sacramento to Portland gained 22¢ to $2.44/mile. Outbound lanes there dipped slightly despite fairly strong demand ahead of Easter.

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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. Reefer freight has been gaining momentum. Out West, Sacramento to Portland gained 22¢ to $2.44/mile. Outbound lanes there dipped slightly despite fairly strong demand ahead of Easter.

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Flatbed Rates Set Another Record

DAT Solutions

Demand for flatbed transportation has been off the charts for much of 2018. The ratio has fallen back below 100, but demand is still high across the country. Last week’s key markets were outside of Texas , which shows the diversification in the flatbed segment – it’s not just the energy sector.

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Reefer Rates Hit New Highs in Record-Setting Month

DAT Solutions

Reefer markets continued to sizzle during the last week of June, as the end of Q2 and the upcoming 4th of July holiday added to pressure on freight rates. Truck load demand continued to outpace capacity in the Southeast, leading to higher prices out of Atlanta. Changes in the ratio typically signal impending changes in freight rates.