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Freight Rates Are Climbing, Especially on These 3 Lanes

DAT Solutions

Spot market rates continued their upward trend after the holiday, and retail shipments boosted prices on a few lanes. Retail shipments also kept pace after Memorial Day and boosted prices on these lanes: Columbus to Buffalo paid 24¢ better at $2.62/mile. Memphis to Indianapolis added 22¢ to $1.88/mile.

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Spot Freight Volumes Get Welcomed Boost

DAT Solutions

Those lanes are closely tied to retail, and other retail lanes were down last week. Memphis to Indianapolis was more typical of retail lanes last week, falling 20¢ to $1.90/mile. Columbus to Allentown, PA , added 17¢ at $2.88/mile. FALLING LANES. One example was Atlanta to Chicago , down 14¢ to $1.47/mile.

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Van Rates Edge Up as Load-to-Truck Ratio Declines

DAT Solutions

Sure, we could see some seasonal adjustments in July and August, but the big retail freight season could start as early as mid-September, and in recent years that intense demand has stretched through December and beyond. mile, followed by Memphis at $3.05/mile. Memphis to Indianapolis dropped 19¢ to $2.97/mile.

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COVID Variant Surges and Labor Shortage Lead to FedEx Freight Suspension, Heighten Need for Freight Bill Auditing Services

Intelligent Audit

Considering the record-setting demands from retailers, again marred by stock-outs on store shelves, FedEx decided to suspend Economy Domestic FedEx Express Freight. The storm’s effect on the Memphis and Indianapolis hubs created hazardous operating conditions, according to FedEx.

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This Week in Logistics News (August 25-29, 2014)

Talking Logistics

Drones are part of a bigger story — the push to provide same-day delivery to consumers — and Newegg is the latest online retailer to offer it. Here’s an excerpt from the company’s blog, which nicely summarizes the driving force behind the new service: The online retailing industry has become extremely competitive in recent years.