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2 Signs That the Freight Recession Really Is Over

DAT Solutions

Together, the ratio and rates offer strong evidence yet that the freight recession is over. Higher prices out of Memphis and Columbus tell us that retail traffic is moving, and higher rates out of Dallas and Seattle show us that the improvement is far-reaching. Houston to Oklahoma City was down 8¢ to $1.97/mile.

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This Week in Logistics News (March 5 – 11)

Logistics Viewpoints

When the Covid lockdown first hit, retail stores closed their doors, and consumers went online to order essential supplies. XPO Logistics to spin off freight brokerage. CEVA Logistics using self-driving trucks to move freight. Kodiak Robotics has been delivering freight between Dallas-Fort Worth and Houston since mid-2019.

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Spot Freight Volumes Get Welcomed Boost

DAT Solutions

We got a welcomed surge of spot market freight to close out July. That would’ve led to more reefer trucks competing for van freight, and the extra capacity kept rates down. That would’ve led to more reefer trucks competing for van freight, and the extra capacity kept rates down. FALLING LANES.

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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. This could be due to retail re-stocking for back-to-school season, which would be a good sign. Also, when demand slacks off for van and reefer freight, there are more trucks available. mile to $2.12/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. Houston to Oklahoma City rose 24¢ to an average of $2.04/mile. Volumes in Birmingham are still soft, except for local freight.

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Van Rates May Spring Ahead Very Soon

DAT Solutions

Expect a surge of spot market freight next week, as shippers rush to close the quarter on a high note, while refrigerated trucks move last-minute food for Easter. last week and Houston to Oklahoma City — a key lane for energy-related freight —gained 22¢ to an average of $2.35/mile. Volume jumped 4.6%

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This Week in Logistics News (October 7 – 13)

Logistics Viewpoints

Doddle’s self-service return kiosks and pick-up, drop-off (PUDO) networks offer retail and logistics businesses a solution to today’s returns management challenges. to test autonomous truck runs from Houston to Oklahoma City with a safety driver aboard. Maersk joins FedEx Corp., Kodiak, Aurora Innovation Inc.