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. Reefer rates on the lane from Sacramento to Portland soared 70¢ to $3.42/mile. Sacramento to Denver gained 29¢ at $2.55/mile.

California Reefer Freight Starts to Heat Up

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HOT MARKETS: The biggest changes last week were in California, where reefer freight finally started to move out of Fresno and Sacramento in serious quantities, but load counts fell sharply in L.A. Sacramento to Portland , OR rates soared 31¢ to $2.77

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.

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. Sacramento to Denver was up 26¢ to $2.55/mile.

Refrigerated Freight Adjusts Between Holidays

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Sacramento to Portland, OR , dropped 41¢ to a still-high $3.23/mile average.

Hurricane Matthew Affects Spot Rates and Freight Volumes

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Shippers paid more to move freight ahead of the storm, and then load posts dropped when the affected markets locked down at the end of the week. Out West, Fresno and nearby Sacramento were off for this time of year. Spot market rates were up last week, but volumes fell.

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Reefer Freight Adjusts to Post-Holidays, Post-ELD

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The demand for refrigerated trailers peaked at year-end, but the extra-cold weather in many parts of the country has kept prices at record-setting levels in many areas, since those trailers are being used to keep freight from freezing.

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.

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. Reefer freight has been gaining momentum. Out West, Sacramento to Portland gained 22¢ to $2.44/mile.

Freight Rates Are Climbing, Especially on These 3 Lanes

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Outbound rates tumbled in Sacramento , so you’d be better off hauling out of Fresno this time of year. It's not uncommon for us to see a slump in rates after Memorial Day, but that wasn’t the case last week.

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

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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. Reefer freight has been gaining momentum. Out West, Sacramento to Portland gained 22¢ to $2.44/mile.

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

Talking Logistics

MercuryGate Launches Global, Omni-modal Freight Procurement Solution. Back in December, we welcomed two new members to our family: Milo and Otis, guinea pig brothers we adopted.

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Spot Market Reefer Rates Hit a 3-Year High

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Lately, the spot market for refrigerated freight has looked a lot more like June than November. Fresh produce often drives the demand for reefer freight, and this year, wet fields and high summer temps led to late planting and lower yields out of California.

Reefer Rates Lose Traction in California Heat Wave

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Spot rates are trending down for reefer freight, due to hot weather in Southern California. Changes in the ratio often signal impending changes in freight rates. Sacramento to Denver rebounded, jumping 38¢ to $2.96/mile. Ontario to Sacramento dropped 45¢ to $2.90/mile.

This Week in Logistics News (February 4-8, 2013)

Talking Logistics

Cass Freight Index Report – January 2013. 2013 is off to a slow start for freight shipments, according to the Cass Freight Index Report for January. For each of the last two years, freight shipment volumes ended the year at about the same place they began.

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Reefer Rates Respond to New Regulations and Pre-Holiday Urgency

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Combine all that with the tighter capacity that came about as a result of the ELD mandate going into effect, and you get higher rates out of nearly every major market for refrigerated freight.

Reefer Demand Spikes During Inspection Blitz

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Refrigerated freight was met with tight capacity last week, with the annual Roadcheck inspection blitz taking many trucks off the road. There was a big surge in reefer freight out of Elizabeth, NJ, though rates haven't responded yet. Sacramento to Portland added 50¢ to 3.21/mile.

Vans and Reefers Have a Friend in California

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Shippers and freight brokers are singing a Merle Haggard classic this week, to their van and reefer BFFs: "L.A. Van fleets are singing a song about California, where freight is strong and getting stronger. Fresno and Sacramento have lots of loads, too.

Reefer volumes gearing up for fall holidays

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Even though rates are slow to respond, freight volumes are rising as we get closer to the fall holidays of Halloween and Thanksgiving. Offsetting this are declines out of Atlanta, Grand Rapids and Sacramento. Changes in the ratio often signal impending changes in freight rates.

Rates Rise in Major Markets During Inspection Blitz

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Retail freight is driving rates up in Memphis and Columbus , especially on lanes heading into the Northeast. Reefer freight is also looking up , but geographic shifts are underway.

Spring Produce Season: Where Are Reefers Needed?

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DAT load boards provide 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.

Reefer Demand Remains High in Mid-Winter

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Reefer load counts stayed high through the second week of January, with temperature-controlled trailers being used in many areas to keep freight from freezing in the cold weather. Prices continued to slide out of Florida and California , with the exception of Sacramento.

Reefer Rates Continue to Cool

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February is usually the slowest month of the year for spot freight, and declines in reefer rates have been sharper than in the van segment. There were a lot of dramatic shifts in load counts last week in the major markets for refrigerated freight, which led to some price swings.

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Reefer Demand Focuses on the Midwest

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On the down side, Nogales, AZ, rates slipped lower, and Sacramento gave up the previous week’s gains in rates and volume. per mile, as freight volume out of Southern California continues to drop. The national average for reefer rates stayed put at $2.07

Reefer Truck Shortages Push Rates Higher

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DAT load boards provide 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.

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Flatbed Rates Set Another Record

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DAT load boards provide 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.

Florida Reefer Rates Take a Dive

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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.

Demand Heats Up for Vans and Reefers

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End-of-quarter and pre-holiday freight was even stronger than expected last week in Atlanta , Charlotte and Memphis , which were the top three markets for outbound loads on DAT load boards. There were lots of loads moving at higher rates last week, especially for vans and reefers.

Reefers Get a Late Spring Boost

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The darker states above have higher load-to-truck ratios, meaning there's less competition for freight in those states. The Southeast continues as the best region to find reefer freight.

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Reefer Rates Add 1¢, as Apples Start Rolling Out

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Rates edges up 1¢ per mile last week, as reefer freight availability added another 4% on the spot market last week, and truck posts were mostly stable (up 0.3%) on DAT Load Boards. Carriers also enjoyed rate increases in Sacramento, Chicago and Philadelphia.

Reefer Rates Hit New Highs in Record-Setting Month

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Reefer markets continued to sizzle during the last week of June, as the end of Q2 and the upcoming 4th of July holiday added to pressure on freight rates. California demand shifted northward to Sacramento , with rates up 9% – the lane to Denver jumped up 52¢ to $3.46/mile.

Delayed Produce Could Lead to a Busy May

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Van load counts were already up big last week, with an uptick in freight moving out of L.A. Sacramento to Denver slipped 14¢ to $2.17/mile. Outbound averages fell in N ogales and Fresno , but that had more to do with a change in where the freight was going.

Spot Truckload Rates Continue a Slow-and-Steady Climb

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Even though volumes were down in Florida , the wildfires and evacuations made it more expensive to move freight. Sacramento to Denver also added 30¢ at an average of $2.32/mile, while Atlanta to Philadelphia surged 38¢ to $2.38/mile.

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