Is the Freight Recession Really Over?

DAT Solutions

At the beginning of the year, DAT Pricing Analyst Mark Montague declared that the freight recession was over. Since then, we've been in the middle of what's traditionally been the slow season for freight. Outbound rates trended down last month in Savannah, Jacksonville and Los Angeles.

Hurricane Michael halts shipments

DAT Solutions

Road closures halted shipments on major trade routes like I-10 between Houston, New Orleans and Jacksonville , and I-75 up from Florida to Atlanta. How to find FEMA loads and trucks, and what to consider when handling emergency freight.

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. Volumes in Birmingham are still soft, except for local freight.

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. Reefer freight has been gaining momentum. Flatbed freight was strong in March, and there was a spike in rates to close the month.

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. Reefer freight has been gaining momentum. Flatbed freight was strong in March, and there was a spike in rates to close the month.

This Week in Logistics News (October 8-12, 2018)

Talking Logistics

Transplace Acquires Yusen Logistics’ Intermodal & Freight Brokerage Group. Freight trucking startup Shipwell gets a $10 million boost (TechCrunch). Transplace Acquires Yusen Logistics’ Intermodal & Freight Brokerage Group.

The Top 5 Reasons You Need a Transportation Sourcing Solution

Talking Logistics

However, if your role is managing the movement of widgets from point A to point B, or multiple points, the freight procurement task before you can be labor intensive and time consuming — unless you use a technology solution specifically designed for transportation sourcing.

Customer Advisory – Hurricane Michael

CH Robinson Transportfolio

CSX advised that intermodal freight traveling between the Florida and Midwest will experience delays of 24 to 36 hours as the storm moves through the area and track obstructions are cleared. Jacksonville. The Port of Jacksonville remains at Port Condition WHISKEY and all gates remain open. Current as of October 11, 2018. Hurricane Michael made landfall on the Florida Panhandle yesterday as a Category 4 storm and continues to move across Georgia and into the Carolina’s.

Flatbed rates move lower, but they're still pretty high

DAT Solutions

DAT load boards provide the largest and most trusted digital freight marketplace in the trucking industry, with more than 270 million load and truck posted annually, plus insights into current spot market and contract rates based on $57 billion in real transactions.

Flatbed Rates and Ratios at Record Highs

DAT Solutions

Jacksonville, FL market to Miami, FL market. #17. Lakeland, FL market to Jacksonville, FL market. Freight RatesWhile van and reefers prices have moderated after peaking in early January, flatbed prices and demand have been red-hot for months.

Flatbed rates and volumes move upward

DAT Solutions

While van and reefer rates saw a decline in March compared to February, flatbed bucked the trend, making gains in both freight volumes and rates. On the other hand, flatbed prices trended down in a handful of key markets, including Jacksonville, Las Vegas, Cleveland, Pittsburgh , and Roanoke.

Flatbed Rates Hold Steady at 2-Year Highs

DAT Solutions

WHAT'S HOT – Rates were on the rise last week in two Atlantic seaport markets: Baltimore and Jacksonville. Two Southeastern freight hubs, Atlanta and Memphis , also got a big boost. Flatbed volumes didn’t slip as expected in the first half of July.

How to Make Money on "Backhaul Tuesday"

DAT Solutions

You see, the most common length of haul is between 250 and 550 miles for intercity freight. I realize that many truckers object to the whole idea of "headhaul" and "backhaul" rates, but this is just the reality of spot market freight. Freight Rates

Where to Find Loads in the Slow Season

DAT Solutions

February is the slow season for freight, and it may feel like your business is at a crawl right now. Highest Volume Lane: Miami to Jacksonville. The return trip from Jacksonville to Miami has paid $2.23/mile on average during that same time frame.

Who said supply chains are boring?: Disney 'Imagineers' a Supply.

Supply Chains Rock

Walt Disney Parks and Resorts recently announced it will be importing almost all of its merchandise through Jaxport , the state-of-the-art logistics hub in Jacksonville, Florida, instead of through the previous port in Savannah, Georgia. From a business decision for us, its about optimizing our supply chain and being able to minimize the cost associated with bringing freight here,” explained Anthony Connelly, Senior VP and CFO of Disney’s Parks and Resorts.

Spring Starts Slowly

EFT

The high levels of inventories held at the retail and wholesale levels are restraining the freight markets. . ATA reports a mixed freight market with soft volume with oil fracking/production and manufacturing putting a drag on the market. . Retail Sales . .

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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.

Economic challenges continue springtime

EFT

It’s no wonder that the freight recession continues with tepid demand for goods from manufacturing and retailers. On a non-seasonally adjusted basis the freight tonnage actually increased 10.2 The first quarter is traditionally the slowest freight time of the year. .

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Flatbed Markets Continue to Boom

DAT Solutions

DAT load boards provides the largest and most trusted digital freight marketplace in the trucking industry, with more than 179 million loads and trucks posted annually, plus insights into current spot market and contract rates based on $45 billion in real transactions.

Cargo and Container Shipping Basics

The Logistics of Logistics

In this situation, the hire money for this deal is known as the “freight” and is the final pay-out to the owner of the ship for the use of the vessel. For instance, for those looking to find a vessel chartering service that ships to the Caribbean, should look at shipping companies based in the Jacksonville, FL area. Andrew Lazaunikas is a guest contributor affiliated with Trailer Bridge, a Jacksonville, Fla.,

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The Economy is on a Roll

EFT

Confirming the trend, the Cass Freight Index Report for October showed shipments increased 2.7 Congratulations go to the transportation team for growing revenues during a tough freight market. .

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Van Rates Peak in July, Flatbed Prices Rise in Southeast

DAT Solutions

Spot market freight showed signs of renewed life last week, even though rates slipped lower compared to the week before last. Also, when demand slacks off for van and reefer freight, there are more trucks available. Hot Markets include: Jacksonville, Savannah, Raleigh, and Roanoke.

A New Year, a New Administration Begins

EFT

It should be noted that freight volume and load-to-truck ratios started out higher than normal for this time of year and it’s usual for load counts to decline. . Whenever a large infrastructure bill is passed and the time comes to shovel the dirt, history has shown us that people would prefer to be home and report to a job site as opposed to going out on the road to deliver freight. The rising Consumer Price Index ( CPI ), up 2.1

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Catch-22 Trucking

Tailwind

have a load of cereal that I need to move from Battle Creek, down to Jacksonville, Florida” “Okay, we can do that for you.” ”  Sit back and relax with all-in-one trucking or freight broker software.

Sun Belt States Are Hot for Vans and Reefers

DAT Solutions

If you need to haul temperature-controlled freight out of the Southeast, you may be paying more for those trucks right now. Flatbed freight volume was disappointing last week, after a strong month of April.