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Rates and Demand Are Still High for Refrigerated Freight

DAT Solutions

Fresno to Seattle was up 30¢ to $2.80/mile. Grand Rapids to Philadelphia dropped 58¢ to $3.52/mile. As we were saying before, the going rate for reefer loads heading from Grand Rapids to Philadelphia was way down last week. Reefer load counts got a big boost along the Mexican border in Nogales, AZ and McAllen, TX.

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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. Meanwhile, the bulk of California freight has yet to hit the spot market.

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Spot Market Freight Rates Soar After Hurricane Harvey

DAT Solutions

Volumes and prices also spiked on the Atlanta to Philadelphia lane, which climbed 28¢ higher on average at $2.39 Out of California, Fresno to Denver rates hit $2.39, up 30¢ from the week before. Also in the Midwest: Green Bay to Wilmington, IL (outside Joliet) climbed 69¢ to a whopping $4.47 FALLING LANES.

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Spring freight rates: Stable or stuck?

DAT Solutions

Two markets slipped more than 2% in price, both in the northeast: Philadelphia and Buffalo. As we move towards Easter, headhaul lanes will inevitably rise, but right now pricing is slipping from Buffalo and Philadelphia. Fresno volumes were up, but other parts of California went softer. Fresno to Seattle lost 18¢ to $2.36/mi.

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Storms put damper on spot rates

DAT Solutions

Out East, Philadelphia also experience bad weather and saw load counts decline steeply. 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. Rising Rates.

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Reefers still waiting for spring

DAT Solutions

While the Lakeland, FL market was a big winner last week — gaining over 20% more volume — those gains were more than offset by a week-over-week slump in other major reefer markets, including Fresno, Nogales, Boise and much of the Midwest. Atlanta to Philadelphia gained 13¢ to hit $2.61/mi. Rising Rates. Falling Rates.

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Reefer volumes gearing up for fall holidays

DAT Solutions

Most parts of California are shipping more loads, especially the Fresno market in central California. Chicago to Philadelphia increased 15¢ to hit $3.58/mile. Philadelphia to Boston lost 24¢, falling to $4.20/mile. Activity is also up from the Nogales, AZ, market, as well as Florida and South Texas. Falling markets.