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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. Houston to Oklahoma City was down 8¢ to $1.97/mile. Reefer freight is in transition. Meanwhile, the bulk of California freight has yet to hit the spot market. Rates could continue to rise.

Freight 90
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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. Houston to Oklahoma City slipped 12¢ to $1.92/mi. Fresno volumes were up, but other parts of California went softer.

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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. Houston to Oklahoma City rose 24¢ to an average of $2.04/mile. Fresno to Denver surged 52¢ to $2.70/mile mile on average.

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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. Houston to Oklahoma City cooled, falling 15¢ to $1.73/mile. Reefer freight has been gaining momentum. Shipments out of the Santa Maria District also pushed rates up out of the Fresno market.

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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. Houston to Oklahoma City cooled, falling 15¢ to $1.73/mile. Reefer freight has been gaining momentum. Shipments out of the Santa Maria District also pushed rates up out of the Fresno market.

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Delayed Produce Could Lead to a Busy May

DAT Solutions

Van load counts were already up big last week, with an uptick in freight moving out of L.A. Houston to Oklahoma City was up 10¢ to for a springtime high of $1.91/mile. Out of California , volumes were flat, with higher load counts out of the Fresno area offset by declines farther south. FALLING LANE RATES.

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Vans and Reefers Have a Friend in California

DAT Solutions

Shippers and freight brokers are singing a Merle Haggard classic this week, to their van and reefer BFFs: "L.A. Van fleets are singing a song about California, where freight is strong and getting stronger. Fresno and Sacramento have lots of loads, too. Oklahoma City is also super-hot for flatbeds.