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Flatbed freight regains footing in December

DAT Solutions

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. Memphis to St. Birmingham to Chicago surged to $2.36/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. Volumes had the steepest declines in Atlanta and Houston , but Memphis van load counts spiked 13%. Atlanta to Memphis paid 22¢ better at $1.93/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. Memphis to Atlanta was up 13¢ at an average of $2.23/mile. Reefer freight has been gaining momentum. Flatbed freight was strong in March, and there was a spike in rates to close the month.

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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. Memphis to Atlanta was up 13¢ at an average of $2.23/mile. Reefer freight has been gaining momentum. Flatbed freight was strong in March, and there was a spike in rates to close the month.

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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. Rates improved in Dallas , Atlanta , and Memphis , as well as L.A. Flatbed freight is strongest in the Southeast region, but not in the usual locations. and Stockton.

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Loads and Rates Rise as Month Ends

DAT Solutions

In the Southeast, rates are rising in Atlanta and Charlotte , but Memphis outbound rate trends were mixed, with some lane rates increasing while others declined. Every region has at least one Hot Market for flatbed freight. Outbound rates are moving up in Raleigh, NC, and there’s lots of freight available.

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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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