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Flatbed freight regains footing in December

DAT Solutions

The oil and gas industry contributes to flatbed demand in a big way, so the slump there was keeping flatbed rates in check. Raleigh and Las Vegas made gains in the past week, while volumes have been above par for the month in Memphis and Houston. Memphis to St. Birmingham to Chicago surged to $2.36/mile Louis fell to $3.48/mile

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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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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. Outbound lanes there dipped slightly despite fairly strong demand ahead of Easter.

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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. Outbound lanes there dipped slightly despite fairly strong demand ahead of Easter.

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Loads and Rates Rise as Month Ends

DAT Solutions

The Sun Belt is hot for vans , as high demand and a shortage of trucks turned the map red across the southern band of states. 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. The lane from Raleigh to Baltimore paid $2.75/mile

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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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Spring Comes Early for Flatbeds in the Southeast

DAT Solutions

Mild winter weather gave the flatbed freight season an early boost. Demand has been especially strong in the Southeast, although declining steel shipments led to a reduction in flatbed freight volume in Birmingham. Outbound volume was also down in Cleveland , due to steel’s slump, but Pittsburgh was up for the month.