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Storms and Rising Fuel Costs Put Pressure on Flatbed Rates

DAT Solutions

Rates rose across the region, with shippers moving freight out of the way of the coming storm. Volumes have bounced back in Fort Worth , but the lane to Houston dropped to $2.27 The lane from Las Vegas to Phoenix lost 57¢ at $2.57 Las Vegas to Salt Lake City also tumbled 62¢ at $1.73

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Rebuilding Efforts Fuel Flatbed Demand

DAT Solutions

The immediate impacts from Harvey and Irma first showed up in van freight, then reefers. Load counts are up on DAT load boards , with more flatbed freight shipping to support the rebuilding and recovery efforts in areas affected by the storms. Las Vegas is a construction hub, and flatbed trended down immediately after Hurricane Harvey.

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Flatbed Markets Continue to Boom

DAT Solutions

Last week, flatbed volumes surged 10% higher, led by Houston, Fort Worth and Cleveland. The oil industry has also fueled the Texas markets: Rates were higher last week out of Dallas and Fort Worth , while Houston held firm. The national average flatbed rate for April was $2.65/mile, And there are no signs of a slowdown.

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Load Volume and Rates Move in Opposite Directions

DAT Solutions

FREIGHT RATES. Along with our standalone freight rates tool DAT RateView, all DAT load board packages include broker spot market rates on the lanes you're searching. On the upside, rates rose last week in individual freight markets, including Philadelphia, Buffalo, Chicago and Charlotte. DAT load board features.

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This Week in Logistics News (April 4-8, 2016)

Talking Logistics

MercuryGate Launches Global, Omni-modal Freight Procurement Solution. The orders are being fulfilled from about 160 Best Buy stores in markets that include Dallas, Houston, Las Vegas, Atlanta, Boston, Chicago, Los Angeles, Miami, Philadelphia, Seattle and Washington.