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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. Van rates were also trending up out of Philadelphia and Los Angeles. The backhaul lane from Philadelphia to Charlotte added 15¢ to $1.46/mile, Reefer freight has been gaining momentum.

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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. Van rates were also trending up out of Philadelphia and Los Angeles. The backhaul lane from Philadelphia to Charlotte added 15¢ to $1.46/mile, Reefer freight has been gaining momentum.

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Sun Belt States are Hot for Seasonal Freight

DAT Solutions

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. Flatbed freight is strongest in the Southeast region, but not in the usual locations.

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Loads and Rates Rise as Month Ends

DAT Solutions

Vans even got a rate increase in the Northeast last week, as outbound lanes improved in Philadelphia and Buffalo. Every region has at least one Hot Market for flatbed freight. Outbound rates are moving up in Raleigh, NC, and there’s lots of freight available. The lane from Raleigh to Baltimore paid $2.75/mile

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

Talking Logistics

A New Market Seeks to Draw Freight Bets (WSJ – sub. 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.”

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This Week in Logistics News (April 4-8, 2016)

Talking Logistics

MercuryGate Launches Global, Omni-modal Freight Procurement Solution. The orders are being fulfilled from about 160 Best Buy stores in markets that include Dallas, Houston, Las Vegas, Atlanta, Boston, Chicago, Los Angeles, Miami, Philadelphia, Seattle and Washington. Best Buy rolls out same-day delivery in 13 markets (Star Tribune).