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Severe weather causes freight rates to slip

DAT Solutions

A huge snowstorm in Denver last week closed three interstate highways: I-25, I-70 and I-76. National Average Freight Rates. An abundance of capacity has caused van rates to move lower, even though freight volumes in 2019 are actually above previous years' levels. Denver to Albuquerque, NM increased to $2.07/mi.

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Van freight gears up for the holidays

DAT Solutions

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. Changes in the ratio often signal impending changes in freight rates.

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West Coast Heats Up for Van Freight

DAT Solutions

For van freight, we’re starting to see hot markets shift westward, with big rate increases out of Seattle, Los Angeles, Denver and Stockton, CA. Columbus, OH , has been one of the hottest van freight markets ever since Hurricane Harvey caused massive disruptions, but rates have started to normalize. FALLING LANES.

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2 Signs That the Freight Recession Really Is Over

DAT Solutions

Together, the ratio and rates offer strong evidence yet that the freight recession is over. Higher prices out of Memphis and Columbus tell us that retail traffic is moving, and higher rates out of Dallas and Seattle show us that the improvement is far-reaching. Reefer freight is in transition. Rates could continue to rise.

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Spot Market Van Rates Soared in September

DAT Solutions

A big increase in port volumes back in July led to more truckload demand last month, too, since much of that freight didn’t start moving on trucks until August and September. Freight disruptions have caused rates to skyrocket there in the past month. Columbus to Memphis climbed 37¢ to $2.28/mile. mile last week.

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How Hurricane Florence affects freight

DAT Solutions

Big weather events like this usually affect the spot freight market in three stages. Before the storm , there’s urgency to move freight into the area or out of the way of the storm’s path. Some of those loads are already being tendered to freight brokers and 3PLs, who post them on DAT load boards.

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Summer freight: Calm before the storm?

DAT Solutions

Freight rates have steadily declined since the Fourth of July, but they're still high. There isn’t much urgency for long-haul freight at this time of year, so a lot of shipping has moved over to rail. Dallas to Denver lost 25¢ at $2.59/mile. Los Angeles to Denver also lost 20¢ at $3.15/mile.