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Flatbed rates and volumes move upward

DAT Solutions

While van and reefer rates saw a decline in March compared to February, flatbed bucked the trend, making gains in both freight volumes and rates. Plenty of flatbed markets in the South and East experienced rising prices, including Birmingham, Tampa, Atlanta, Savannah, Raleigh, Harrisburg, Dallas and Phoenix.

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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. Flatbed freight was strong in March, and there was a spike in rates to close the month.

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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. Flatbed freight was strong in March, and there was a spike in rates to close the month.

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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. Also, when demand slacks off for van and reefer freight, there are more trucks available. Hot Markets include: Jacksonville, Savannah, Raleigh, and Roanoke. Rates were hurt by changes in the mix of cargo.

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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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Hot Flatbed Segment Shows Signs of Cooling

DAT Solutions

DAT load boards provide the largest and most trusted digital freight marketplace in the trucking industry, with more than 270 million load and truck posted annually, plus insights into current spot market and contract rates based on $45 billion in real transactions. Houston to Oklahoma City slipped 52¢ to $3.44/mile.