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Severe weather causes freight rates to slip

DAT Solutions

The highways are open now, but there are still flood warnings in six states: Nebraska, parts of neighboring South Dakota, Iowa, and Minnesota, plus eastern Arizona and western Mississippi. National Average Freight Rates. VAN TRENDS. Road closures isolated Denver from parts of the supply chain last week.

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Freight Volume Rebounds to Pre-Pandemic Levels

Zipline Logistics

As we move into the back half of May, the freight market is starting to show signs of an expedited rebound. . Th ese conditions have caused a more favorable freight environment. That is e specially the case for outbound freight in southern states and California where produce season is in full swing. . Logistics? ? .

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Outbound Tender Rejections Increase for the First Time Since March Peak

Zipline Logistics

Currently, this has not made a substantial impact on the freight market, but we are seeing signs that the industry is beginning to recover. Additionally, according to Freight Waves, “outbound tender rejections have increased week-over-week for the first time since the OTRI peaked at 19.25% on March 28.”. Southeast Logistics.

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Logistics Market Stays Flat as May Begins

Zipline Logistics

To effectively track each state’s progress in reopening and how freight is impacted, we will publish a market update for the coming weeks as the country eases out of lockdowns. . Increases in volumes started climbing this week steadily but still down 10-15% year-over-year according to Freight Waves’ Sonar indexes. .

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Trucking Market Update and 2020 Q1 Freight Outlook

Zipline Logistics

It was a good year for shippers as freight rates plummeted for the majority of 2019, substantially backing off the historic highs the industry witnessed in 2018. An overall economic sluggishness hit freight particularly hard in 2019 leading to what many have labeled as a “ freight recession.”.

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The Definitive Guide on Produce Season Transportation Impacts

Zipline Logistics

Produce season transportation can have an impact on your freight, even if you do not ship grains, fruits, or vegetables. Knowing these timelines is crucial to supply chain planning. But knowing the general breakdown of crop production, state by state, can help your supply chain roll with the punches. California.

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This Week in Logistics News (June 24 – 30)

Logistics Viewpoints

This will certainly be an interesting trend to watch. Loadsmith says its newly formed entity, Loadsmith Transportation, is the first freight transportation company built specifically for self-driving trucks. And now on to this week’s logistics news. The home improvement retailer expects to complete the effort in fiscal year 2024.