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Spot Market Freight Rates Soar After Hurricane Harvey

DAT Solutions

Most of the major van markets actually had fewer outbound loads available, though, and most regular freight heading to Houston was canceled. Another cost of Hurricane Harvey: many Houston-area refineries were offline, and some remain closed for now. Not surprisingly, the Dallas to Houston lane rate soared from $2.40 per mile.

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How Ecommerce Brands Are Helping Fight COVID-19 (Coronavirus) + Resources for Those in Need

ShipBob

They will deliver free, fresh salads and bowls to hospitals in the cities they serve: DC Area, Philadelphia, Boston, NYC, SF, LA, Chicago, and Houston. to cover part of credit card processing, packing, and shipping costs). Sweetgreen is offering free meals to healthcare workers and first responders in the coming days.

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How Will Hurricane Harvey Affect Freight Rates?

DAT Solutions

Trucks can’t get in or out of Houston , which is a huge freight hub – it’s the number 1 source of loads for flatbeds, thanks to the oil and gas industry, and one of the top 5 or 6 markets for both van and reefer freight. Philadelphia to Boston rates rose 25¢ to $3.53 RISING LANES. FALLING LANES.

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Summer freight: Calm before the storm?

DAT Solutions

Prices are still well above last year’s pace, though, and that still suggests that the fall shipping season will be a busy one. There isn’t much urgency for long-haul freight at this time of year, so a lot of shipping has moved over to rail. Atlanta to Philadelphia dropped 24¢ at $2.64/mile.