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Sun Belt States are Hot for Seasonal Freight

DAT Solutions

Freight markets are heating up in the Sun Belt. Flatbeds saw rising freight volume and rates in the Southwest and a handful of Southeastern markets. Rates improved in Dallas , Atlanta , and Memphis , as well as L.A. Flatbed freight is strongest in the Southeast region, but not in the usual locations. and Stockton.

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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. There were also modest increases in rates out of Chicago and Dallas , with a strong uptick in volumes out of Dallas. mile on average.

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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. High volumes of produce are going to urban areas like Atlanta, Chicago, and Dallas , so outbound rates fell in those markets.

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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. High volumes of produce are going to urban areas like Atlanta, Chicago, and Dallas , so outbound rates fell in those markets.

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Flatbed rates and volumes move upward

DAT Solutions

While van and reefer rates saw a decline in March compared to February, flatbed bucked the trend, making gains in both freight volumes and rates. Plenty of flatbed markets in the South and East experienced rising prices, including Birmingham, Tampa, Atlanta, Savannah, Raleigh, Harrisburg, Dallas and Phoenix. Rising Rates.

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Loads and Rates Rise as Month Ends

DAT Solutions

Van rates rose sharply last week in Los Angeles and Stockton , and rates are rising in Dallas and Houston , although they’re still not great. Every region has at least one Hot Market for flatbed freight. Outbound rates are moving up in Raleigh, NC, and there’s lots of freight available. That lane is paying $2.18/mile.

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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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