Remove Denver Remove Freight Remove Just-in-Time Remove Memphis
article thumbnail

Van freight gears up for the holidays

DAT Solutions

on Friday, even stronger than the prior Friday when it was just over 10. 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.

article thumbnail

Van Rates Hit Highest Mark in 2 Years

DAT Solutions

Brokers and shippers had a harder time finding trucks last week, so they paid a premium in most major markets and lanes. For van freight, last week's national load-to-truck ratio was the highest it's been since mid-2014. Prices on the Memphis to Columbus lane kept climbing, up another 26¢ to $2.26/mile. Out west, L.A.

Memphis 76
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Inspection Blitz Sends Freight Rates Skyward

DAT Solutions

And of the drivers who do work, a lot lose driving time due to the inspections. 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." Memphis to Indianapolis jumped up 25¢ to $3.08/mile,

Freight 70
article thumbnail

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. Rates got the biggest boosts out of Memphis, Atlanta and Seattle. Since the freight coming out didn’t pay very well, inbound lanes paid more.

article thumbnail

Van rates drop to 16-month low

DAT Solutions

The last time the average van rate was below $2 per mile was 16 months ago, in September 2017. There’s the normal seasonal slowdown that occurs around this time each year, but falling fuel surcharges and increased capacity in the spot market are adding to downward pressure on rates. Memphis to Indianapolis dipped 16¢ to $2.01/mile.

article thumbnail

4 Signs that Van Rates Could Rise Soon

DAT Solutions

That, plus the normal winter slowdown, has led to 7 straight weeks of declining spot rates, although prices are still elevated for this time of year. Just when capacity gets tight, demand is expected to surge. The first quarter closes on Saturday, March 31, and shippers will be in a rush to move freight before the weekend.

Memphis 70
article thumbnail

Rates Rise Unexpectedly in Early August

DAT Solutions

Load posts edged down on DAT load boards , but national average rates rose 3¢ per mile for vans and flatbeds, while reefers added 4¢ Van Load Counts Stay Near All-Time High. There’s a lot of freight out there for vans right now, and August had a stronger start than any month in more than a year and a half.