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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. Volumes were strong after Memorial Day, particularly in Atlanta and Los Angeles. Reefer freight is in transition. Meanwhile, the bulk of California freight has yet to hit the spot market. Rates could continue to rise.

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Spring freight rates: Stable or stuck?

DAT Solutions

Refrigerated produce freight has been notably absent from the picture, so that likely has some reefers competing for van freight. National Average Freight Rates - April to-date. Los Angeles and Seattle had slight bumps up in pricing, but nothing exceptional. Los Angeles to Atlanta added 8¢ to $1.58/mi.

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Thanksgiving surge boosts reefer prices; van freight heads east

DAT Solutions

mile, down 2¢ 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. Los Angeles to Denver increased 19¢ to $3.40/mile.

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Spring surge delayed again

DAT Solutions

Flooding in the Midwest closed roads and rail lines, which will impact freight markets for weeks to come. National Average Freight Rates - March to-date. We may need to wait for April for real spring freight to hit. But despite all the bad news about weather and other disasters, freight volumes are actually up year-over-year.

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Major Freight Markets Saw Biggest Rate Surge of the Year

DAT Solutions

Freight patterns showed increased retail trade ahead of Memorial Day weekend, and since some drivers finished the week up early ahead of the holiday weekend, capacity also tightened. Central California produce returned in a big way last week, and outbound reefer rates soared 13% in Fresno. Fresno to Denver surged 52¢ to $2.70/mile

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California Reefer Freight Starts to Heat Up

DAT Solutions

HOT MARKETS: The biggest changes last week were in California, where reefer freight finally started to move out of Fresno and Sacramento in serious quantities, but load counts fell sharply in L.A. While Sacramento to Portland was up, Los Angeles to Portland rates fell 31¢ to $2.77/mile. and Ontario.

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Truckload Rates Finally Catch Up to Freight Volumes

DAT Solutions

That's normal, since it comes right after the end of Q1, when shippers are rushing to move freight before closing their books. Van rates were also trending up out of Philadelphia and Los Angeles. Reefer freight has been gaining momentum. Spot market volumes were down during the first week of April.