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Severe weather causes freight rates to slip

DAT Solutions

Freight volumes are building in Los Angeles , which causes inbound rates to fall, especially on intermodal-competitive lanes as the rails seek to reposition equipment to the West Coast. As a result, several lanes to Los Angeles had sharp drops: Dallas to Los Angeles moved down to $1.27/mi. Falling Rates.

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2 Signs That the Freight Recession Really Is Over

DAT Solutions

Volumes were strong after Memorial Day, particularly in Atlanta and Los Angeles. The lane from Sacramento to Denver paid 24¢ better on average, at $2.63/mile. Crop production is rising out of the Northwest, so reefer rates fell on inbound lanes like Sacramento to Portland , OR. That paid $2.19/mile

Freight 90
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This Week in Logistics News (April 4-8, 2016)

Talking Logistics

On Wednesday Amazon announced “the expansion of Prime FREE Same-Day Delivery to even more metro areas including Charlotte, Cincinnati, Fresno, Louisville, Milwaukee, Nashville, Raleigh, Richmond, Sacramento, Stockton, and Tucson, plus new areas in Central New Jersey, Dallas-Fort Worth, Los Angeles, and San Diego.”

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Thanksgiving surge boosts reefer prices; van freight heads east

DAT Solutions

There has been a strong freight surge moving from Los Angeles toward the East, which is causing higher outbound volumes in cities like Chicago , Columbus and Memphis. The main driver of demand continues to be the Los Angeles freight market. Let’s look at some lanes: Los Angeles to Atlanta jumped 20¢ to $2.43/mile.

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California Reefer Freight Starts to Heat Up

DAT Solutions

HOT MARKETS: The biggest changes last week were in California, where reefer freight finally started to move out of Fresno and Sacramento in serious quantities, but load counts fell sharply in L.A. Sacramento to Portland , OR rates soared 31¢ to $2.77 Load availability was up 30% compared to May, and 84% compared to June 2015.

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Reefer Freight Adjusts to Post-Holidays, Post-ELD

DAT Solutions

Nogales to Los Angeles surged to $3.36/mile. Miami, Denver, Sacramento and Lakeland, FL , all experienced sharp drops last week. Los Angeles to Portland, OR, tumbled 50¢ to $4.18/mile. All rates below include fuel surcharges and are based on real transactions between brokers and carriers.

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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. Los Angeles to Atlanta added 8¢ to $1.58/mi. Sacramento to Portland, OR, also gained 23¢ to $2.93/mi. Two markets slipped more than 2% in price, both in the northeast: Philadelphia and Buffalo. Rising rates. Falling rates.