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Spot Market Freight Rates Soar After Hurricane Harvey

DAT Solutions

Most of the major van markets actually had fewer outbound loads available, though, and most regular freight heading to Houston was canceled. Dallas rates also soared, as some freight was diverted to that busy freight hub. Denver to Houston rose 59¢ to $1.63 Chicago to Denver rates rose 22¢ to $2.72

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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. Reefer freight is in transition. Meanwhile, the bulk of California freight has yet to hit the spot market. The lane from Sacramento to Denver paid 24¢ better on average, at $2.63/mile. Rates could continue to rise.

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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 per mile.

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This Week in Logistics News (August 26 – September 1)

Logistics Viewpoints

Amazon has started increasing the free shipping minimum to $35 for non-Prime members in some markets, according to notices on its website, as the company looks for more ways to cut costs. Until now, the minimum purchase for free shipping has been $25. Amazon has tweaked the free shipping threshold for non-Prime members in the past.

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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. Columbus is a key distribution point for the Midwest and the Northeast, and it shipped more to the Southeast after the storms. 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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This Week in Logistics News (December 5-9, 2016)

Talking Logistics

Some mornings I would ride my rocket ship, evading asteroids and alien cruisers along the way, and I would barely make it to school on time (I mean, the space station), with just enough fuel to make a safe landing. R2 Freight & Logistics, Inc. October Air Freight Demand Up 8.2% – Fastest Growth in 18 Months (IATA).