The 7 Best Events For Freight Shipping in 2015

Cerasis

Are you up-to-date with the latest events in freight shipping and logistics? As you know, the atmosphere for freight brokers is only getting more competitive. Staying current in the world of shipping and freight also takes strong networking and communication.

Severe weather causes freight rates to slip

DAT Solutions

DAT load boards provide the largest and most trusted digital freight marketplace in the trucking industry, with more than 256 million loads and trucks posted annually, plus insights into current spot market and contract rates based on $60 billion in real transactions.

Van freight gears up for the holidays

DAT Solutions

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.

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. Reefer freight is in transition. Meanwhile, the bulk of California freight has yet to hit the spot market.

Rates and Demand Are Still High for Refrigerated Freight

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Seasonal harvests are winding down, but capacity is still tight for reefer freight. Grand Rapids to Philadelphia dropped 58¢ to $3.52/mile. As we were saying before, the going rate for reefer loads heading from Grand Rapids to Philadelphia was way down last week.

Spring freight rates: Stable or stuck?

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Refrigerated produce freight has been notably absent from the picture, so that likely has some reefers competing for van freight. National Average Freight Rates - April to-date. Two markets slipped more than 2% in price, both in the northeast: Philadelphia and Buffalo.

How much lower will freight rates fall?

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Freight rates have been in decline since the calendar flipped to 2019. Rates out of both Philadelphia and Allentown, PA , were up 3%. Has money been a little tighter for your business lately? If you're a small carrier or owner-operator, you're not alone.

How Hurricane Florence affects freight

DAT Solutions

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.

How much lower will freight rates fall?

DAT Solutions

Freight rates have been in decline since the calendar flipped to 2019. Rates out of both Philadelphia and Allentown, PA , were up 3%. Has money been a little tighter for your business lately? If you're a small carrier or owner-operator, you're not alone.

Dog days of summer freight?

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This would typically be a down time for freight, and while rates in July and August are lower than they were in June, they're still 25 to 30% higher than last year. Philadelphia to Buffalo jumped up to $2.96/mile.

Peak season is coming for freight

DAT Solutions

Once upon a time, Black Friday marked the end of the retail freight season. E-commerce has disrupted that traditional freight schedule. We usually look at the load-to-truck ratio as a way to measure how hot demand is for freight – the number of load post divided by truck posts.

Allentown gains traction as freight hub

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From Allentown, it's only 60 miles to Philadelphia, the 5th-largest city in the U.S., With its distribution centers and access to multiple freight corridors, Allentown was exceptionally busy for a short holiday week.

Spring Has Sprung for Spot Market Freight

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Produce season is also kicking into high gear in many reefer markets, which affects dry van freight. Retail freight is also rebounding after a lull, which we can see in the higher rates on the lane from Memphis to Columbus , OH, and others that are heavily influenced by retail shipments.

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. Rates rose in Philadelphia, Buffalo and Seattle , since nearby agricultural areas were keeping reefers busy.

Summer freight: Calm before the storm?

DAT Solutions

Freight rates have steadily declined since the Fourth of July, but they're still high. There isn’t much urgency for long-haul freight at this time of year, so a lot of shipping has moved over to rail. Atlanta to Philadelphia dropped 24¢ at $2.64/mile.

Florida Refrigerated Freight in Full Swing

DAT Solutions

DAT load boards provides the largest and most trusted digital freight marketplace in the trucking industry, with more than 179 million loads and trucks posted annually, plus insights into current spot market and contract rates based on $45 billion in real transactions.

Freight Availability Remains High, Despite Declines

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In fact, there were more load posts on DAT Load Boards from January through September 2015 than in any other year except 2014 -- which was an exceptional year in freight transportation. Rate trends out of Philadelphia were mixed.

Freight Rates Dip while Load Availability Climbs

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Freight volume increased slightly for vans on the spot market last week, but truckload capacity increased more, so the national average load-to-truck ratio edged down from 1.9 They had relatively few loads though, so check outbound freight before taking a load into those states.

Thanksgiving surge boosts reefer prices; van freight heads east

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The map depicts outbound load-to-truck ratios by state, for dry van freight. There has been a strong freight surge moving from Los Angeles toward the East, which is causing higher outbound volumes in cities like Chicago , Columbus and Memphis.

August Demand Stays Hot for Truck Freight

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Freight out of Columbus is associated with retail traffic. NOT SO HOT – Philadelphia backed off its previous week’s highs, but outbound rates there are still stronger than they were a month ago.

How Will Hurricane Harvey Affect Freight Rates?

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Trucks can’t get in or out of Houston , which is a huge freight hub – it’s the number 1 source of loads for flatbeds, thanks to the oil and gas industry, and one of the top 5 or 6 markets for both van and reefer freight.

Freight Abounds, but Rates Return to July Levels

DAT Solutions

We expected the sizzling hot freight market to cool off a little, and it did. NOT SO HOT - Volume dropped last week out of Dallas , Philadelphia , Elizabeth NJ, and Lakeland in Central Florida, but outbound rate trends were not consistent. Van Freight Abounds, but Rates are Down.

Fresno 107

3 Cheers for the Spring Freight Season!

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Spring has sprung, bringing a long-awaited upward trend in freight volume.and RATES!! But seasonal freight is coming soon, and it should provide welcome relief for carriers after a quiet winter. Philadelphia outbound rates edged up last week, on stronger demand.

Freight Rates Are Coming Back Down to Earth

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December was arguably the strongest month for freight in 2016. Spot market volumes still look strong, but contract freight has been a little slow. There's more freight moving out of Houston this month.

Last-Minute Christmas Freight Boosts Truckload Volume

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Freight brokers offered four days’ worth of loads for vans, and five days' worth of loads for reefers, but most truckers were not interested in working even the full four days. Rates were affected by weather as well as last-minute freight shipments in the days before Christmas.

Winter Storm Stalls Freight, as Van Rates Rise

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Winter Storm Stella kept a lot of freight from moving early last week, which stalled volume in markets along the East Coast. First, there was a rush to move freight before the storm hit, and then highways were closed, so most freight couldn’t move at all.

Reefer Freight Market Still Has a Few Hot Spots

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July is the in-between season for refrigerated ("reefer") freight. Freight volume continued to cool off for reefers last week, but some pockets of high demand remain in New Mexico, Arkansas and the Lower Midwest, as shown in this Hot States Map for the week of July 19-25, 2015, below.

Spring Came Early in These Freight Markets

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The number of loads available on the spot market last month was also up more than 100% compared to February 2016, which is a pretty good sign that the freight recession really is over. Since the freight coming out didn’t pay very well, inbound lanes paid more.

Here's How Hurricanes Irma and Harvey Have Affected Van Freight

DAT Solutions

A lot of the spot market freight volumes that were stalled in the aftermath of Hurricane Harvey have started to come back. Last week, Houston's van freight volumes rebounded to 88% of pre-storm levels. That’s a common trend when the flow of freight shifts southward.

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. Van rates were also trending up out of Philadelphia and Los Angeles. Reefer freight has been gaining momentum.

Van Freight Volume Edges Up, as Rates Lag

DAT Solutions

Van freight availability rebounded 3% on the spot market last week , and truck posts increased 2%. Texas had less freight than usual, and a lot more trucks, especially in the Dallas area during the GATS Expo.

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. Van rates were also trending up out of Philadelphia and Los Angeles. Reefer freight has been gaining momentum.

Sun Belt States are Hot for Seasonal Freight

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Freight markets are heating up in the Sun Belt. Flatbeds saw rising freight volume and rates in the Southwest and a handful of Southeastern markets. Outbound rates fell in key Northern markets, including Chicago , Denver , and Philadelphia.

Miami 111

Freight Rates Were Mostly Neutral Ahead of Winter Storm

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That'll no doubt affect freight movements, with trucks banned from some highways in the Northeast while Connecticut, Pennsylvania, and Virginia declare states of emergency. That includes van freight, but it’s especially true for flatbed.

This Week in Logistics News (March 25-29, 2019)

Talking Logistics

A New Market Seeks to Draw Freight Bets (WSJ – sub. are set to launch on Friday [March 29, 2019], testing whether an old-school industry will embrace a new financial tool designed to protect cargo haulers and shippers against swings in freight rates.”