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Rates and Demand Are Still High for Refrigerated Freight

DAT Solutions

Seasonal harvests are winding down, but capacity is still tight for reefer freight. Those, combined with the supply chain disruptions caused by the hurricanes, have led to tight capacity in southern Idaho, and outbound rates continue to climb out of Twin Falls. Sacramento to Denver gained 29¢ at $2.55/mile.

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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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Are High Freight Rates in December the New Normal?

DAT Solutions

Load availability soared in places like Denver and Memphis. Both those markets are distribution hubs for e-commerce, which has stretched the traditional holiday retail freight season well into December. Out West, the number of loads tripled on the lane from Denver to Los Angeles. to Denver paid 15¢ less last week, at $2.45

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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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Van Freight Rates Fall 2¢, but Demand Is Up in the Northwest

DAT Solutions

Demand for reefers in the Pacific Northwest has also boosted van demand in that area , since reefers are competing less for van loads in places like Idaho and Eastern Oregon. Rates are derived from DAT RateView and are based on actual rate agreements between freight brokers and carriers. DAT TriHaul of the Week.

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Reefer Capacity Gets Tighter Ahead of Thanksgiving

DAT Solutions

Thanksgiving is right around the corner, so trucks are still in high demand to move refrigerated freight. Just like with dry van freight , reefer capacity tightened in the first week of November, meaning that shippers and brokers had a harder time finding trucks to move those reefer loads. Chicago to Denver soared 27¢ to $3.17/mile.

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Asian imports turn up the heat for vans on the West Coast

DAT Solutions

Demand for vans continues to heat up on the West Coast, boosting load-to-truck ratios in California, Oregon, Idaho, and Utah. Contract carriers are busy with their regularly scheduled hauls, so a lot of the late-arriving freight gets tendered to brokers and 3PLs. Changes in the ratio often signal impending changes in freight rates.