Severe weather causes freight rates to slip
MARCH 18, 2019
In Nebraska, snow followed by rain led to “historic flooding” that shut down traffic on I-80. The highways are open now, but there are still flood warnings in six states: Nebraska, parts of neighboring South Dakota, Iowa, and Minnesota, plus eastern Arizona and western Mississippi. National Average Freight Rates. An abundance of capacity has caused van rates to move lower, even though freight volumes in 2019 are actually above previous years' levels.