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4 reasons flatbed should bounce back soon

DAT Solutions

A few flatbed markets saw some decent rate increases last week, including Houston , Los Angeles and Las Vegas. Best of all, it means the LA market is picking up). Las Vegas to Phoenix gained 42¢ to $2.97/mi. that drives up rates in Las Vegas, so this is another unusual occurrence).

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

DAT Solutions

Outbound markets with double-digit price increases included Jacksonville, FL, Roanoke, VA and Las Vegas. Las Vegas to Los Angeles jumped 64¢ to $4.93/mile. Cleveland to Harrisburg dropped 74¢ to $3.62/mile. That's high, but just a few weeks ago the ratio was above 100:1. Hot Markets.

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Flatbed rates and volumes move upward

DAT Solutions

On the other hand, flatbed prices trended down in a handful of key markets, including Jacksonville, Las Vegas, Cleveland, Pittsburgh , and Roanoke. Cleveland to Harrisburg, PA dropped 24¢ to $3.66/mi. Falling Rates. Lanes with falling rates included: Pittsburgh to Houston fell 25¢ to $2.23/mi.

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Rebuilding Efforts Fuel Flatbed Demand

DAT Solutions

Las Vegas is a construction hub, and flatbed trended down immediately after Hurricane Harvey. It’s bounced back, since construction material from Houston is moving again, and that’s helped boost rates on the lane from Las Vegas to Los Angeles, which hit $3.52/mile mile on average last week.

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Booming Oil Industry Boosts Flatbed Demand

DAT Solutions

Construction activity boosted rates out of Las Vegas : The lane to Los Angeles was up to an average of $3.31/mile. Las Vegas to Phoenix also jumped up to $2.97/mile. Cleveland to Grand Rapids tumbled to $2.65/mile. Continuing the regional theme out of Nevada: Flatbed rates from Reno to Seattle rose to $2.97/mile.

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Flatbed ratio reverses 10-week decline

DAT Solutions

More loads are moving out of Cleveland and Houston, but the big surprise was a surge in volume and rates out of Roanoke, Virginia. Roanoke to Cleveland gained 61¢ to $3.43/mile. Las Vegas to Los Angeles dropped 49¢ to $3.61/mile. The national average flatbed rate dropped 1¢ to $2.66/mile, NOT SO HOT.

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Hot Flatbed Segment Shows Signs of Cooling

DAT Solutions

Some of the hot spots for flatbeds last week included Las Vegas and Phoenix in the West, and the Raleigh-Greensboro-Roanoke markets in the Southeast. Las Vegas to Phoenix rates exploded, rocketing up $1.44 Cleveland to Harrisburg, PA dropped 51¢ to $3.89/mile, RISING MARKETS. mile, which is still very high.