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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. Houston to Oklahoma City was down 8¢ to $1.97/mile. Reefer freight is in transition. Meanwhile, the bulk of California freight has yet to hit the spot market. Rates could continue to rise. That paid $2.19/mile

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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. RISING LANES. FALLING LANES.

Freight 77
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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. Houston to Oklahoma City cooled, falling 15¢ to $1.73/mile. Reefer freight has been gaining momentum. Out West, Sacramento to Portland gained 22¢ to $2.44/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. Houston to Oklahoma City cooled, falling 15¢ to $1.73/mile. Reefer freight has been gaining momentum. Out West, Sacramento to Portland gained 22¢ to $2.44/mile.

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Delayed Produce Could Lead to a Busy May

DAT Solutions

We’re hearing a lot about shipping gaps in California due to delays in planting because of an unusually wet winter, which explains the flat reefer volumes last week. Van load counts were already up big last week, with an uptick in freight moving out of L.A. Houston to Oklahoma City was up 10¢ to for a springtime high of $1.91/mile.