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2 Signs That the Freight Recession Really Is Over

DAT Solutions

Higher prices out of Memphis and Columbus tell us that retail traffic is moving, and higher rates out of Dallas and Seattle show us that the improvement is far-reaching. Seattle to Spokane was up 20¢ to $2.70/mile. Volumes were strong after Memorial Day, particularly in Atlanta and Los Angeles.

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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. Reefer load counts got a big boost along the Mexican border in Nogales, AZ and McAllen, TX. Reefer rates on the lane from Sacramento to Portland soared 70¢ to $3.42/mile. Sacramento to Denver gained 29¢ at $2.55/mile. Chicago to Kansas City also had a big increase at $3.48/mile,

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Spring surge delayed again

DAT Solutions

Seattle has been a more active market but rates are now trending down, even as Los Angeles starts to stabilize. Seattle to Eugene fell 28¢ to $2.37/mi. 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.

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Spring freight rates: Stable or stuck?

DAT Solutions

Los Angeles and Seattle had slight bumps up in pricing, but nothing exceptional. Just a handful of lanes fell more than 10¢ cents per mile: Seattle to Eugene,OR, dropped 15¢ to $2.35/mi. Fresno volumes were up, but other parts of California went softer. Fresno to Seattle lost 18¢ to $2.36/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. As e-commerce giants like Amazon expand, they’ve been drawn to California’s inland cities, where real estate is cheaper and the labor force is plentiful.

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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. As e-commerce giants like Amazon expand, they’ve been drawn to California’s inland cities, where real estate is cheaper and the labor force is plentiful.

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Major Freight Markets Saw Biggest Rate Surge of the Year

DAT Solutions

In general, markets that feed into the Northeast were up, while Denver, Seattle , and rates coming out of the Northeast were down. And even Seattle had a regional spike: Rates on the lane to Eugene, OR, were up 23¢ to $2.31/mile. Fresno to Denver surged 52¢ to $2.70/mile Fresno to Chicago was up 35¢ to $2.16/mile.

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