2 Signs That the Freight Recession Really Is Over

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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.

How Hurricane Florence affects freight

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Big weather events like this usually affect the spot freight market in three stages. Before the storm , there’s urgency to move freight into the area or out of the way of the storm’s path.

Is Spring Shipping Season Finally Here?

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Those declines could be a temporary blip, though, because volumes are showing signs that spring shipping season has sprung. The biggest increase was on the lane from Denver to Oklahoma City , which was up 13¢ to $1.40/mile – not much there to be excited about.

Spot Freight Volumes Get Welcomed Boost

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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.

Truckload Rates Finally Catch Up to Freight Volumes

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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.

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.

Asian imports turn up the heat for vans on the West Coast

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Expect the seasonal pressure to continue through much of November, as a massive typhoon in Hong Kong caused scheduling delays on inbound ships at the Ports of Los Angeles and Long Beach, the arrival point for 49% of Asian imports. Denver to Oklahoma City plummeted 24¢ to $1.38/mile.

Rates rise, but gains may be temporary

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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.

Delayed Produce Could Lead to a Busy May

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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.