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Transportation Trends: What’s Going on in the Trucking Industry?

PINC

Coming into 2019, issues like the tariff wars, driver shortage, and rising freight rates were high on transportation managers’ radar screens. Freight rates have leveled off (and even retreated, in some cases). Reefer freight rates continue to drop, with a current national average of $2.14 Starlite Trucking, and LME.

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Outbound Tender Rejections Increase for the First Time Since March Peak

Zipline Logistics

Currently, this has not made a substantial impact on the freight market, but we are seeing signs that the industry is beginning to recover. Additionally, according to Freight Waves, “outbound tender rejections have increased week-over-week for the first time since the OTRI peaked at 19.25% on March 28.”. Southeast Logistics.

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Logistics Market Stays Flat as May Begins

Zipline Logistics

To effectively track each state’s progress in reopening and how freight is impacted, we will publish a market update for the coming weeks as the country eases out of lockdowns. . Increases in volumes started climbing this week steadily but still down 10-15% year-over-year according to Freight Waves’ Sonar indexes. .

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3 Signs that Reefer Rates Could Rise Soon

DAT Solutions

Load availability is up in the largest van freight markets, accompanied by a big increase in reefer freight movements compared to the previous week. Reefer freight volume was way up last week in most major markets. Domestic produce markets in California and Southern Georgia picked up steam. mile from Stockton to Denver.

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Delayed Produce Could Lead to a Busy May

DAT Solutions

Van load counts were already up big last week, with an uptick in freight moving out of L.A. Denver to Albuquerque rose 10¢ for an average of 1.76/mile. In fact, California was 4th for reefer loads , behind (1) Texas, (2) Florida, and (3) Georgia. Sacramento to Denver slipped 14¢ to $2.17/mile.

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Vans and Reefers Have a Friend in California

DAT Solutions

Shippers and freight brokers are singing a Merle Haggard classic this week, to their van and reefer BFFs: "L.A. Load-to-truck ratios are way up in the Golden State for vans and reefers, and there are more loads available there right now than in any state except Texas and Georgia. REEFERS - GEORGIA'S ON MY MIND. loads per truck.

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Still Waiting for Spot Rates to Spring Forward

DAT Solutions

Volumes have slowly been getting stronger in California , and that’ll eventually start to draw in trucks that are currently competing for freight farther east. Things are still quiet in Florida , but produce season should start there really soon, which will help kick spring freight season into gear. mile in the past 7 days.

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