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Spot Market Freight Rates Soar After Hurricane Harvey

DAT Solutions

Outbound volumes from Houston also fell 73%, but the rearrangement of supply chains, the difficulty of shipping in the flooded region, and increased seasonal demand in other parts of the country combined to create pockets of tight capacity that put extra pressure on truckload rates. Denver to Houston rose 59¢ to $1.63 per mile.

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2 Signs That the Freight Recession Really Is Over

DAT Solutions

Markets that were previously hot, like Florida , are slowing down. Projections for Central California produce are still strong for June, so we’re keeping an eye on the Fresno market, but those shipping gaps meant that rates didn’t continue their upward trend on many of the top reefer lanes. That paid $2.19/mile

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Spot Market Van Rates Soared in September

DAT Solutions

Columbus is a key distribution point for the Midwest and the Northeast, and it shipped more to the Southeast after the storms. Chicago prices also continued to climb: Chicago to Denver added 38¢ at $3.05/mile. Freight disruptions have caused rates to skyrocket there in the past month. Columbus to Memphis climbed 37¢ to $2.28/mile.

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Outbound Tender Rejections Increase for the First Time Since March Peak

Zipline Logistics

Produce shipping is showing signs of strengthening and should begin building activity for the remainder of the month before leveling off in June. Covering loads has been easy in the Northeast, except outbound South Texas, Southern California, and Florida as capacity out of these regions is tighter with produce heating up. Status: Open.

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Logistics Market Stays Flat as May Begins

Zipline Logistics

Still easy to cover for all markets except outbound south Texas and Florida to the northeast as capacity out of these markets is harder to come by. . Moving freight into Seattle, Ontario, California, and Denver , Colorado markets should pick up. Shipping in or out of Alabama should be close to normal. . Arkansas .

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Reefer Demand Dips, But Rates Don't

DAT Solutions

Denver has the lowest average outbound reefer rate in the country, and inbound rates rose last week, to compensate: L.A. to Denver rose 37¢ to $3.23 Dallas to Denver was up 24¢ to $2.67 Chicago to Denver increased 19¢ to $2.20 Miami to Baltimore and Miami to Boston each fell an average of 22¢ per mile.

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Rates rise, but gains may be temporary

DAT Solutions

The three largest price increases last week came out of Denver. Denver is a big beer producing market, with both large production breweries and smaller craft brewers shipping beer in vans and reefers. Denver to Albuquerque jumped 28¢ to $2.35/mile. Denver to Oklahoma City gained 21¢ to $1.41/mile.

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