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. Asparagus, beans, and peas are shipping out of Western Michigan, and reefer rates on the lane from Grand Rapids to Philadelphia jumped up 47¢ to $3.17/mile.

Podcast: Susie Bodnar on the CSCMP and the New Directional Shifts in Supply Chain

Requis

When I started, that visibility was a phone call— ‘where is my container ship?’ Her experience with disruption began early when one of their ships capsized off the coast of the UK— that was where she learned that logistics and insurance go hand in hand. As an educator, Susie has been an adjunct lecturer of supply chain management for the Executive MBA program at California State University in Fresno.

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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. Out of California, Fresno to Denver rates hit $2.39, up 30¢ from the week before. Van rates rose all across the country last week, following Hurricane Harvey.

Hurricane Matthew Affects Spot Rates and Freight Volumes

DAT Solutions

due to the fallout from the Hanjin Shipping bankruptcy. Out West, Fresno and nearby Sacramento were off for this time of year. The lane from Fresno to Denver was down 21¢ to $2.01/mile, and the average reefer rate for Sacramento to Salt Lake City fell 20¢ to $2.27/mile. Spot market rates were up last week, but volumes fell. Hurricane Matthew likely played a role in both of those factors.

Reefer Demand Dips, But Rates Don't

DAT Solutions

Fresno volumes were down unexpectedly, and so were load counts out of the Ontario market in Southern California and along the border in Nogales, AZ. In Florida, droughts and wildfires hampered the state's prime shipping season this year, which likely disappointed most carriers, brokers and shippers. Out West, Fresno to Denver lane rates two weeks ago, but fell 56¢ last week, to an average of $2.58

This Week in Logistics News (February 4-8, 2013)

Talking Logistics

FedEx Introduces Enhancements to Deep Frozen Shipping. The vehicles have a range of up to 75 miles and primarily will deliver packages to customers in Sacramento, San Bernardino, Ceres, Fresno and Bakersfield. Schools are closed, the roads are empty, and we’re all just waiting for the blizzard to arrive. It’s a stay-at-home-in-your-pajamas kind of day, my favorite. And the fact that it’s Friday makes it even better.

Fresno 100

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

Supply Chain Nation

This week: Warehouses have hired tens of thousands of California workers over the last five years, but there’s one worry: robots, more companies, including Target, are rolling back on loyalty programs, Walmart eliminates a few dozen corporate jobs, Staples may be planning to spin off its retail business to Office Depot and hundreds of people showed up for a chance to pack and ship products to Amazon customers.

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

Supply Chain Nation

This week: Warehouses have hired tens of thousands of California workers over the last five years, but there’s one worry: robots, more companies, including Target, are rolling back on loyalty programs, Walmart eliminates a few dozen corporate jobs, Staples may be planning to spin off its retail business to Office Depot and hundreds of people showed up for a chance to pack and ship products to Amazon customers.

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. Thanksgiving is right around the corner, so trucks are still in high demand to move refrigerated freight.

Reefer Demand Focuses on the Midwest

DAT Solutions

More loads left Fresno last week, too, but the volume hasn’t been high enough to change pricing very much. Miami rates also dropped 4¢ per mile, but rates and volume there may increase in the coming weeks, as ships full of South American produce are diverted from Houston to the Port of Miami. The national average for reefer rates stayed put at $2.07 per mile last week, but pricing got rearranged by region.

Delayed Produce Could Lead to a Busy May

DAT Solutions

We’re hearing a lot about shipping gaps in California due to delays in planting because of an unusually wet winter, which explains the flat reefer volumes last week. After interruptions caused by recent wildfires, produce was shipping out of Florida again, and the biggest rate increases were on lanes leaving the state: Miami to Northern New Jersey reefer rates were up 17¢ to $2.26/mile.

Reefer volumes gearing up for fall holidays

DAT Solutions

Most parts of California are shipping more loads, especially the Fresno market in central California. Even though rates are slow to respond, freight volumes are rising as we get closer to the fall holidays of Halloween and Thanksgiving. Activity is also up from the Nogales, AZ, market, as well as Florida and South Texas. Offsetting this are declines out of Atlanta, Grand Rapids and Sacramento.

Truckload rates halt 8-week slide

DAT Solutions

We haven't seen a surge in California shipping as had been anticipated. Rate increases were seen in Fresno, CA , and McAllen, TX , two of the nation's top produce markets. Van and reefer rates are stabilizing, after falling for eight straight weeks. The national average van rate held steady, and van volumes are actually higher now than they were at this time last year.

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 last week. Western Michigan is a major egg producer, and those are shipping in large numbers ahead of Easter. The end of Q1 contributed to a flurry of activity on the load board on Friday.

Miami 70

Truckload Rates Finally Catch Up to Freight Volumes

DAT Solutions

Miami continued to ship lots of reefer roads, while Lakeland in the central part of the state joined the Florida parade. We expect load counts to pick up there and in the border market of McAllen, TX , with avocados shipping ahead of Cinco de Mayo. Shipments out of the Santa Maria District also pushed rates up out of the Fresno market. Spot market volumes were down during the first week of April.

Truckload Rates Finally Catch Up to Freight Volumes

DAT Solutions

Miami continued to ship lots of reefer roads, while Lakeland in the central part of the state joined the Florida parade. We expect load counts to pick up there and in the border market of McAllen, TX , with avocados shipping ahead of Cinco de Mayo. Shipments out of the Santa Maria District also pushed rates up out of the Fresno market. Spot market volumes were down during the first week of April.