Early winter storms could cause freight schedules to slip

DAT Solutions

That means a lot of freight delivery schedules are going to slip. 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. It also snowed in Chicago, Omaha, and Kansas City, but nobody gets quite so worked up about that. Storms freeze freight flows.

This Week in Logistics News (November 7-11, 2016)

Talking Logistics

Amid tightening budgets, Alphabet decelerates drone projects (Omaha World-Herald). September 2016 Freight Transportation Services Index (TSI). Brexit passed. The Cubs won the World Series. Donald Trump won the presidency. What’s next? In each case, the sun rose and set the next day, and it rose again today. There are already countless “What Will the Trump Presidency Mean for [Fill in the Blank]?” articles and blog posts being written.

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Spring Starts Slowly

EFT

The high levels of inventories held at the retail and wholesale levels are restraining the freight markets. . ATA reports a mixed freight market with soft volume with oil fracking/production and manufacturing putting a drag on the market. . The Cass Information Systems’ freight index fell 1.5 Load board operator DAT said the spot market freight volume jumped 38 percent from seasonal freight in March. Retail Sales . .

Economic challenges continue springtime

EFT

It’s no wonder that the freight recession continues with tepid demand for goods from manufacturing and retailers. On a non-seasonally adjusted basis the freight tonnage actually increased 10.2 The lack of freight is contributing to overcapacity at a time when driver’s wages are increasing. The first quarter is traditionally the slowest freight time of the year. . Freight tariffs exploded to 27 percent after adjusting for inflation in the 11 years ending in 2013. .

Economic challenges continue springtime

EFT

It’s no wonder that the freight recession continues with tepid demand for goods from manufacturing and retailers. On a non-seasonally adjusted basis the freight tonnage actually increased 10.2 The lack of freight is contributing to overcapacity at a time when driver’s wages are increasing. The first quarter is traditionally the slowest freight time of the year. . Freight tariffs exploded to 27 percent after adjusting for inflation in the 11 years ending in 2013. .

Where to Find Flatbed Loads in the Off-Season

DAT Solutions

Hot Markets for the week included Medford, OR; Rapid City, SD; Omaha, NE; Little Rock, AR; Shreveport, LA; and Montgomery, AL. Rates are derived from DAT RateView and are based on actual rate agreements between freight brokers and carriers. Flatbed load availability declined 24% last week on the spot market, as load board activity paused for Thanksgiving. The load-to-truck ratio rose 11%, to 6.4 loads per truck, however.

Van Rates Surge 6¢, Reefers Add 1¢

DAT Solutions

Omaha, NE. Rates declined in Twin Falls, Dallas, Green Bay, and Atlanta, among other seasonal freight markets. Rates are derived from DAT RateView and are based on actual rate agreements between freight brokers and carriers. Van rates jumped 6¢ last week, prompted by a 49% increase in load posts on DAT load boards. There was an 11% increase in truck posts, week over week, so the load-to-truck ratio advanced 32%, from 2.1 loads per truck.

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A New Year, a New Administration Begins

EFT

It should be noted that freight volume and load-to-truck ratios started out higher than normal for this time of year and it’s usual for load counts to decline. . Whenever a large infrastructure bill is passed and the time comes to shovel the dirt, history has shown us that people would prefer to be home and report to a job site as opposed to going out on the road to deliver freight. The rising Consumer Price Index ( CPI ), up 2.1