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Rates and Demand Are Still High for Refrigerated Freight

DAT Solutions

Seasonal harvests are winding down, but capacity is still tight for reefer freight. Fresno to Seattle was up 30¢ to $2.80/mile. Grand Rapids to Philadelphia dropped 58¢ to $3.52/mile. As we were saying before, the going rate for reefer loads heading from Grand Rapids to Philadelphia was way down last week.

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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. That was back when demand for trucks skyrocketed because extreme winter weather caused massive disruption to supply chains.

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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. Out of California, Fresno to Denver rates hit $2.39, up 30¢ from the week before. FALLING LANES.

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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. Two markets slipped more than 2% in price, both in the northeast: Philadelphia and Buffalo. Fresno to Seattle lost 18¢ to $2.36/mi.

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Freight Abounds, but Rates Return to July Levels

DAT Solutions

We expected the sizzling hot freight market to cool off a little, and it did. HOT MARKETS - There was an increase in loads moving out of Fresno last week, which is a welcome change. Fresno had been a little disappointing until now, but it may yet produce the post-drought volumes of fruit and vegetables that we’ve been hoping for.

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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. Reefer freight is the only segment showing solid gains.

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Storms put damper on spot rates

DAT Solutions

Despite an increase in freight volumes, national average rates slipped again last week for vans and reefers. National Average Freight Rates - April to-date. Out East, Philadelphia also experience bad weather and saw load counts decline steeply. Fresno to Denver surged 40¢ to $2.24/mi. loads per truck. Rising Rates.

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