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. FEMA and other emergency responders will move freight to temporary warehouses just outside the storm zone, waiting until road conditions are stable. Some of those loads are already being tendered to freight brokers and 3PLs, who post them on DAT load boards.

This Week in Logistics News (December 5-9, 2016)

Talking Logistics

Warehouses promised lots of jobs, but robot workforce slows hiring (Los Angeles Times). DAT’s Accelerated Freight Matching Launches with New Load Board App for Carriers and Paperless Onboarding Service for Brokers. R2 Freight & Logistics, Inc. October Air Freight Demand Up 8.2% – Fastest Growth in 18 Months (IATA). are scouting potential sites, including busy roads near Denver International Airport, with a goal of launching in 2018.

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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. A lot of holiday freight heading into the Northeast ends up in distribution centers in Allentown, PA, which has led to higher inbound rates there. Out West, the number of loads tripled on the lane from Denver to Los Angeles.

Denver 104

L.A. freight gets a tailwind from hurricanes and typhoons

DAT Solutions

West Coast van freight heated up last week, especially in the Los Angeles market. In mid-September, we were focused on evacuating the Carolinas and diverting trucks and freight away from Hurricane Florence. 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.

Here's How Hurricanes Irma and Harvey Have Affected Van Freight

DAT Solutions

A lot of the spot market freight volumes that were stalled in the aftermath of Hurricane Harvey have started to come back. Last week, Houston's van freight volumes rebounded to 88% of pre-storm levels. That doesn’t mean that everything is the same as before – some cargo is not moving at all, and other types of freight are moving in higher volume because of pent-up demand. That’s a common trend when the flow of freight shifts southward.

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

DAT Solutions

Ships arrived late, and containers were unloaded and drayed to warehouses late, so that cargo is finally heading east and north. Contract carriers are busy with their regularly scheduled hauls, so a lot of the late-arriving freight gets tendered to brokers and 3PLs. The map depicts outbound load-to-truck ratios by state, for dry van freight. Changes in the ratio often signal impending changes in freight rates. to Chicago , Dallas , Phoenix , and Denver.

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.”. Each group oversees freight that enters their region and plans for specific market trends in their respective states. Outbound freight to New Jersey is almost non-existent.

How Will ELDs and Christmas Affect Van Rates?

DAT Solutions

Late pushes to get freight in place before Christmas led to higher rates rose out of Buffalo and Allentown, PA. The distribution centers and warehouses in those markets serve the big population centers of the Northeast, so a lot of retail freight is being hauled to its final destination now. The biggest increase last week was on the lane from Columbus to Buffalo , which was up 31¢ to an average of $3.37/mile, as retail freight moved between two distribution hubs.

Van rates rebound, thanks to retail

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. Stockton to Denver dropped 27¢ from its peak, down to $2.74. Everyone came back from their Thanksgiving breaks with plenty of work to do last week.

This Week in Logistics News (May 30 – June 3, 2016)

Talking Logistics

Now, on to this week’s supply chain and logistics news… Wal-Mart says it is 6-9 months from using drones to check warehouse inventory (Reuters). DAT Launches Streamlined TMS for New Freight Brokers. One of my supply chain and logistics predictions for 2016 was that drones would have a breakout year — not in delivering packages to consumers, but in yard and warehouse management. What was your first concert?