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Spot Market Freight Rates Soar After Hurricane Harvey

DAT Solutions

Most of the major van markets actually had fewer outbound loads available, though, and most regular freight heading to Houston was canceled. Another cost of Hurricane Harvey: many Houston-area refineries were offline, and some remain closed for now. Not surprisingly, the Dallas to Houston lane rate soared from $2.40 per mile.

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2 Signs That the Freight Recession Really Is Over

DAT Solutions

Houston to Oklahoma City was down 8¢ to $1.97/mile. Projections for Central California produce are still strong for June, so we’re keeping an eye on the Fresno market, but those shipping gaps meant that rates didn’t continue their upward trend on many of the top reefer lanes. Declining lanes were few and far between.

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Spring surge delayed again

DAT Solutions

There was also a major tank fire in Houston last week, which added further disruption. A 23% increase in loads moved out of Fresno was led by a surge of freight on the lane from there to Seattle, coupled with a 17-cent boost to the average rate per mile. Fresno to Seattle gained 17¢ to $2.57/mi. Falling rates.

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Tens of Thousands of New Jobs, and One Worry: Robots

BlueYonder

This year alone, Amazon announced new fulfillment centers in Eastvale, Redlands, Fresno and most recently Sacramento, where the Seattle company said it would hire 1,500 workers. It was only for residents of Minneapolis, Denver, Houston, San Diego and St. Walmart Slashes ‘A Few Dozen’ Corporate Jobs.

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Spring freight rates: Stable or stuck?

DAT Solutions

Houston to Oklahoma City slipped 12¢ to $1.92/mi. Fresno volumes were up, but other parts of California went softer. Fresno to Seattle lost 18¢ to $2.36/mi. As we move towards Easter, headhaul lanes will inevitably rise, but right now pricing is slipping from Buffalo and Philadelphia. REEFER TRENDS. Rising Rates.

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Storms put damper on spot rates

DAT Solutions

Load counts rose nearly 5% in Chicago and Houston , and more than 3% in the number one van market, Los Angeles. Freight volumes were up more than 20% in the Lakeland, Florida market, as well as in Sacramento and Fresno , California. Fresno to Denver surged 40¢ to $2.24/mi. Fresno to Boston gained 19¢ to $2.23/mi.

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Tens of Thousands of New Jobs, and One Worry: Robots

BlueYonder

This year alone, Amazon announced new fulfillment centers in Eastvale, Redlands, Fresno and most recently Sacramento, where the Seattle company said it would hire 1,500 workers. It was only for residents of Minneapolis, Denver, Houston, San Diego and St. Walmart Slashes ‘A Few Dozen’ Corporate Jobs.