Van freight gears up for the holidays

DAT Solutions

DAT load boards provide the largest and most trusted digital freight marketplace in the trucking industry, with more than 279 million loads and trucks posted annually, plus insights into current spot market and contract rates based on $57 billion in real transactions.

West Coast Heats Up for Van Freight

DAT Solutions

For van freight, we’re starting to see hot markets shift westward, with big rate increases out of Seattle, Los Angeles, Denver and Stockton, CA. Buffalo to Columbus climbed 28¢ to $2.57. Columbus to Buffalo fell 19¢ but still averaged $3.42/mile.

Van freight stabilizes in early October

DAT Solutions

But freight has mostly "normalized” on the spot market. NOTE: The map depicts outbound load-to-truck ratios for dry van freight. Changes in the ratio often signal impending changes in freight rates. Columbus to Allentown fell 20¢ to $3.29/mile.

2 Signs That the Freight Recession Really Is Over

DAT Solutions

Together, the ratio and rates offer strong evidence yet that the freight recession is over. 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.

10 Ways Machine Learning is Revolutionizing Supply Chain Management

C3 Solutions

This post was originally posted on Forbes.com and written by Louis Columbus, Contributor at Forbes.

California Freight Heats Up, Spurred By Hanjin Collapse

DAT Solutions

October is a critical month for retail freight in advance of the Christmas season, and retailers want to prevent stock-outs while they wait for Asian imports to clear through congested docks and warehouses on the West Coast.

Spot Market Freight Rates Soar After Hurricane Harvey

DAT Solutions

Most of the major van markets actually had fewer outbound loads available, though, and most regular freight heading to Houston was canceled. Dallas rates also soared, as some freight was diverted to that busy freight hub.

Spring freight rates: Stable or stuck?

DAT Solutions

Refrigerated produce freight has been notably absent from the picture, so that likely has some reefers competing for van freight. National Average Freight Rates - April to-date. Columbus to Memphis fell 14¢ to $1.70/mi. Van and reefer rates continue to move sideways.

How much lower will freight rates fall?

DAT Solutions

Freight rates have been in decline since the calendar flipped to 2019. Chicago to Columbus lost 12¢ at $2.79/mile. Has money been a little tighter for your business lately? If you're a small carrier or owner-operator, you're not alone.

Peak season is coming for freight

DAT Solutions

Once upon a time, Black Friday marked the end of the retail freight season. E-commerce has disrupted that traditional freight schedule. We usually look at the load-to-truck ratio as a way to measure how hot demand is for freight – the number of load post divided by truck posts.

Dog days of summer freight?

DAT Solutions

This would typically be a down time for freight, and while rates in July and August are lower than they were in June, they're still 25 to 30% higher than last year. Not all lanes into Buffalo were up: Rates to there from Columbus fell 17¢ but still averaged $3.54/mile.

Spring Has Sprung for Spot Market Freight

DAT Solutions

Produce season is also kicking into high gear in many reefer markets, which affects dry van freight. Retail freight is also rebounding after a lull, which we can see in the higher rates on the lane from Memphis to Columbus , OH, and others that are heavily influenced by retail shipments.

How much lower will freight rates fall?

DAT Solutions

Freight rates have been in decline since the calendar flipped to 2019. Chicago to Columbus lost 12¢ at $2.79/mile. Has money been a little tighter for your business lately? If you're a small carrier or owner-operator, you're not alone.

2017 Outlook: The Freight Recession is Over

DAT Solutions

The freight recession is over. Energy exploration and fracking petered out, and the accompanying freight dried up. Freight volume and rates finally began to revive in May 2016, and year-over-year volume comparisons turned positive in August.

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. Columbus to Allentown, PA , added 17¢ at $2.88/mile.

Prices fall as flooding halts freight

DAT Solutions

As many parts of the Southeast deal with flooding as a result of Hurricane Florence, the transportation industry is re-adjusting to recovery mode, as demand for emergency freight shipped to the area will increase in the coming days. Columbus to Buffalo also lost 18¢ to $3.65/mile.

Inspection Blitz Sends Freight Rates Skyward

DAT Solutions

Freight rates were relatively calm back when the full enforcement of the ELD mandate went into effect on April 1, as conditions had already settled into what’s feeling like the "new normal." Columbus to Chicago rose 22¢ to $2.62/mile, also unprecedented.

Summer freight: Calm before the storm?

DAT Solutions

Freight rates have steadily declined since the Fourth of July, but they're still high. There isn’t much urgency for long-haul freight at this time of year, so a lot of shipping has moved over to rail.

Thanksgiving surge boosts reefer prices; van freight heads east

DAT Solutions

The map depicts outbound load-to-truck ratios by state, for dry van freight. There has been a strong freight surge moving from Los Angeles toward the East, which is causing higher outbound volumes in cities like Chicago , Columbus and Memphis.

Will We See an Early Spring for Dry Van Freight?

DAT Solutions

DAT provides the largest and most trusted digital freight marketplace in the trucking industry, with more than 179 million loads and trucks posted annually, plus insights into current spot market and contract rates based on $45 billion in real transactions.

August Demand Stays Hot for Truck Freight

DAT Solutions

Columbus , OH is also a hot market for August, and it’s benefiting from the seasonal transition, as well as increased consumer confidence. Freight out of Columbus is associated with retail traffic.

California Reefer Freight Starts to Heat Up

DAT Solutions

HOT MARKETS: The biggest changes last week were in California, where reefer freight finally started to move out of Fresno and Sacramento in serious quantities, but load counts fell sharply in L.A. The longhaul trip from Dallas to Columbus was down 21¢ to $2.29

Are High Freight Rates in December the New Normal?

DAT Solutions

Both those markets are distribution hubs for e-commerce, which has stretched the traditional holiday retail freight season well into December. A lot of holiday freight heading into the Northeast ends up in distribution centers in Allentown, PA, which has led to higher inbound rates there.

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How Will Hurricane Harvey Affect Freight Rates?

DAT Solutions

Trucks can’t get in or out of Houston , which is a huge freight hub – it’s the number 1 source of loads for flatbeds, thanks to the oil and gas industry, and one of the top 5 or 6 markets for both van and reefer freight.

Spring Came Early in These Freight Markets

DAT Solutions

The number of loads available on the spot market last month was also up more than 100% compared to February 2016, which is a pretty good sign that the freight recession really is over. Since the freight coming out didn’t pay very well, inbound lanes paid more.

Winter Storm Stalls Freight, as Van Rates Rise

DAT Solutions

Winter Storm Stella kept a lot of freight from moving early last week, which stalled volume in markets along the East Coast. First, there was a rush to move freight before the storm hit, and then highways were closed, so most freight couldn’t move at all.

Van Freight Volume Edges Up, as Rates Lag

DAT Solutions

Van freight availability rebounded 3% on the spot market last week , and truck posts increased 2%. Texas had less freight than usual, and a lot more trucks, especially in the Dallas area during the GATS Expo.

Machine Learning and the Business of Tomorrow

Enterra Insights

Louis Columbus ( @LouisColumbus ) explains, “Enterprises are striving to find greater meaning in the massive amounts of data they generate and save every day. Columbus asserts, “Machine learning makes it possible to discover patterns in supply chain data by relying on algorithms that quickly pinpoint the most influential factors to a supply networks’ success, while constantly learning in the process.”[5]

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. Memphis to Columbus was up 17¢ to $1.94/mile.

Freight Rates Hold Steady, but Midwest Heats Up

DAT Solutions

All in all, we're seeing positive trends as we get closer to the fall freight season. The Midwest has also been improving, with outbound prices up in both Columbus and Chicago. The lane from Columbus to Memphis was up 22¢, which is a good sign for retail traffic.

Freight Rates Are Climbing, Especially on These 3 Lanes

DAT Solutions

Retail shipments also kept pace after Memorial Day and boosted prices on these lanes: Columbus to Buffalo paid 24¢ better at $2.62/mile. It's not uncommon for us to see a slump in rates after Memorial Day, but that wasn’t the case last week.

Spot Market Van Rates Soared in September

DAT Solutions

A big increase in port volumes back in July led to more truckload demand last month, too, since much of that freight didn’t start moving on trucks until August and September. Freight disruptions have caused rates to skyrocket there in the past month.

Hurricane Michael halts shipments

DAT Solutions

Demand for trucks will likely increase in the coming weeks, with FEMA loads and emergency freight heading to the Florida Panhandle, Georgia and the Carolinas. How to find FEMA loads and trucks, and what to consider when handling emergency freight.

Spot market settles after Hurricane Florence

DAT Solutions

As people in the Carolinas try their best to return to their normal routines, the freight markets have settled back down into typical seasonal trends following Hurricane Florence. Unlike with Hurricanes Harvey and Irma, the impact from Florence on freight movements was mostly felt regionally.

Van Volumes Holding Steady After Hot Start

DAT Solutions

The Midwest and Northeast quieted down, but freight levels are building in California, which has the potential to lift rates nationwide. For one, it means fewer reefer trucks are competing for dry van loads, but harvests also add to van freight, including tree nuts and canned tomatoes.

Air Cargo Got It Wright: 9 Incredible Air Cargo Facts

Freightos

That came a mere seven years later, in 1910, when a Wright Model B aircraft was flown 65 miles (105 km) to deliver 200 pounds (91 kg) of silk from Dayton to Columbus. million tonnes) of loaded and unloaded freight. Be a freight hero. FREIGHT QUOTES IN SECONDS.

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Spot Market Van Volume Hits Record-Breaking High

DAT Solutions

Just look at all the dark red in this Hot States Map from last week: Volumes soared 52% out of Atlanta , a combination of emergency freight heading into Florida and pent-up demand from shipments that were delayed by Irma. Buffalo to Columbus was also up 31¢ to $2.21/mile.