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Thanksgiving surge boosts reefer prices; van freight heads east

DAT Solutions

Los Angeles to Phoenix added 14¢ to $3.56/mile. Western produce picked up in nearly every market, led by gains in Twin Falls, ID and Fresno in Central California. Fresno to Denver added 20¢ to hit $3.18/mile. Other than a small bump from Seattle , L.A. is the only major van market in the U.S. with rising rates.

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Spot Market Reefer Rates Hit a 3-Year High

DAT Solutions

Twin Falls, ID, to Phoenix jumped up 48¢ to $3.43/mile. On average, outbound lanes from Fresno, CA , soared 13%. There were some crazy-high rates last week, with shippers rushing to get stores stocked ahead of Thanksgiving. Sacramento to Portland, OR , spiked 61¢ up to $3.47/mile.

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Reefer Capacity Gets Tighter Ahead of Thanksgiving

DAT Solutions

Out West, the extra-long haul from Fresno to Boston rose 29¢ to $2.41/mile. Demand is still extra-high out of potato-shipping regions ahead of Thanksgiving, but rates from Twin Falls, ID, to Phoenix dropped 27¢ to an average of $2.74/mile. Chicago to Denver soared 27¢ to $3.17/mile.

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Will Tighter ELD Enforcement = Tighter Reefer Capacity?

DAT Solutions

Out of California , Fresno outbound pricing jumped 4.4% Dallas to Phoenix , up 22¢ to $2.28/mile. The national average reefer rate was also up 8¢ compared to the March average, at $2.48/mile. All rates below include fuel surcharges and are based on real transactions between brokers and carriers. HOT MARKETS. NOT SO HOT.

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Van and Reefer Rates Slip, but Volumes Strong for January

DAT Solutions

For example, the lane from Denver to Phoenix fell 17¢, and Cleveland to Chicago lost 13¢ Load-to-truck ratios are highest for reefers in the darker blue areas on the Hot States Map, above. Rates were up slightly in Fresno , but available loads dropped by 23%. Reefer trends have been similar to vans. HOT MARKETS.

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Vans and Reefers Have a Friend in California

DAT Solutions

to Phoenix got a 14¢ raise last week, to $2.61 Fresno and Sacramento have lots of loads, too. There were a lot of loads available in California, though, especially outbound from Los Angeles, Fresno , and Ontario , which is the gateway to the "inland empire" of agricultural markets in the Imperial and Coachella Valleys.

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Van and Reefer Operators Give Thanks for Rate Increases

DAT Solutions

Look for a load from Twin Falls to Phoenix , which paid $2.24 From Phoenix, head back to L.A. with a third leg that originates in Reno, Fresno, or a handful of other hot markets, as well. If it works with your schedule, this TriHaul can increase your loaded miles and add almost $1,000 to your round-trip revenue.