2 Signs That the Freight Recession Really Is Over

DAT Solutions

That was back when demand for trucks skyrocketed because extreme winter weather caused massive disruption to supply chains. 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. Last week, the national load-to-truck ratio for vans was the highest it's been since March 2014.

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. Outbound volumes from Houston also fell 73%, but the rearrangement of supply chains, the difficulty of shipping in the flooded region, and increased seasonal demand in other parts of the country combined to create pockets of tight capacity that put extra pressure on truckload rates.

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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. Those, combined with the supply chain disruptions caused by the hurricanes, have led to tight capacity in southern Idaho, and outbound rates continue to climb out of Twin Falls. Fresno to Seattle was up 30¢ to $2.80/mile. That’s led to higher reefer rates on the West Coast and in the Midwest.

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

Talking Logistics

Moving on, here’s the supply chain and logistics news that caught my attention this week: Trucking Stocks Tumble on Downgrade, Pricing Outlook (WSJ- sub. MercuryGate Launches Global, Omni-modal Freight Procurement Solution. New Study: 70% of Executives have started Digital Supply Chain Transformation. Back in December, we welcomed two new members to our family: Milo and Otis, guinea pig brothers we adopted.

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This Week in Logistics News (February 4-8, 2013)

Talking Logistics

LLamasoft Introduces Supply Chain Sherpa Mobile Design and Visualization Modeling Tool. New ISF (10+2) Rule May Be Coming in May ( Supply Chain Management Review ). Cass Freight Index Report – January 2013. 2013 is off to a slow start for freight shipments, according to the Cass Freight Index Report for January. For each of the last two years, freight shipment volumes ended the year at about the same place they began.

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