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2 Signs That the Freight Recession Really Is Over

DAT Solutions

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. Beef and other meats shipping out of Dallas pushed rates up 20¢ on the lane to Columbus.

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Spot Market Freight Rates Soar After Hurricane Harvey

DAT Solutions

Outbound volumes from Houston also fell 73%, but the rearrangement of supply chains, the difficulty of shipping in the flooded region, and increased seasonal demand in other parts of the country combined to create pockets of tight capacity that put extra pressure on truckload rates. Denver to Houston reefer rates also rose 63¢ to $2.53

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Spot Market Volumes Are Strong, but Rates Still Lag

DAT Solutions

Did you know that California ships 87% of the strawberries in the U.S.? Berries started moving out of Santa Maria in late February, and Ventura County is gearing up for peak shipping season. Fresno to Denver is still well below summer pricing, but it picked up 21¢ to $2.14/mile mile last week.

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