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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. Las Vegas to Los Angeles fell 71¢ to $2.48/mile,

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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. Las Vegas to Los Angeles fell 71¢ to $2.48/mile,

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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. Las Vegas to Los Angeles jumped 64¢ to $4.93/mile.

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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. The lane Las Vegas to Los Angeles spiked earlier this year, and it did it again last week: Up to $3.71/mile mile on average.

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Sun Belt States are Hot for Seasonal Freight

DAT Solutions

Freight markets are heating up in the Sun Belt. Flatbeds saw rising freight volume and rates in the Southwest and a handful of Southeastern markets. Flatbed freight is strongest in the Southeast region, but not in the usual locations. The national flatbed rate averaged $1.83 per mile last week, up 3¢ from the week before.

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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. But compared to February of last year, there's been more than a 100% increase in freight on the spot market this month.

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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. Now it's looking like flatbed’s turn. mile on average last week.