Geography, transportation infrastructure, and a strong distribution sector make Memphis a natural logistics hub MORE

Memphis supports global supply chains through highway, rail, airport, and inland port assets, and a qualified workforce MORE

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. Last week, the national load-to-truck ratio for vans was the highest it's been since March 2014. MORE

Memphis supports global supply chains through highway, rail, airport, and inland port assets, and a qualified workforce MORE

In this capsule commentary, we include the following topics: UPS Memphis Facility Expansion Foxconn Plans for New Plant in China’s Guizhou Province Mondelez Continued Re-Structuring, A New SCRM Standard, Typhoon Impacts the Philippines UPS Kicks Off Expansion of Memphis Facility Global transportation and parcel giant UPS indicated this week that the services provider has kicked off construction related to the expansion of its Memphis Tennessee package distribution facility. MORE

Demand is also heating up in Memphis , and outbound rates there are on the rise. Memphis – It is no surprise to see rates and volume picking up in Memphis. Memphis-Atlanta-Memphis. MORE

MEMPHIS has been relatively slow this year but appears to be turning the corner. Of the 13 major van freight markets tracked weekly in DAT Trendlines , only Memphis had an average outbound rate above $2.00/mile last week. The national average van rate rose 1¢ last week. MORE

Based on those criteria, an “average” lane for the week ending July 7 would be the roundtrip between Memphis and Houston: Length of haul = 572 miles each way. Memphis to Houston rate = $3.00 Houston to Memphis rate = $1.95 Van rates hit $2.32 MORE

Rates fell in Memphis , which could signal a brief lull, now that Easter retail goods have been delivered. Memphis to Columbus lost 37¢ to $2.28/mile. MORE

Memphis. Memphis to Columbus hit $1.89/mile, up 14¢ Dallas to Denver rose 11¢ to $1.94/mile. Memphis to Dallas also dipped▼9¢ to $2.09/mile. MORE

Denver and Memphis in particular saw load availability soar because those markets are distribution hubs for e-commerce. The first week of December 2016 had the highest week of volumes on the spot market in the past 2 years. MORE

For the month of May, the biggest rate increases were on outbound lanes from Memphis and Charlotte in the South, and Los Angeles and Stockton in California. Prices on the Memphis to Columbus lane kept climbing, up another 26¢ to $2.26/mile. MORE

All the major West Coast van markets led the way for rising van rates, and prices out of Memphis also got a boost. Memphis to Atlanta was up 23¢ at $2.79/mile. Memphis to Columbus also gained 22¢ at $2.36/mile. MORE

HOT MARKETS – Outbound rates rose by about 10 cents per mile last week in Atlanta , Charlotte , and Memphis , while Dallas rates added an average of 5¢ per mile. Likewise, Memphis to Indianapolis rates moved up 17¢, to $2.32. MORE

There was one significant exception, at Fedex’s Memphis hub, where bad weather affected express parcels due for delivery on 12 January. Prices Set To Ramp Up For Chinese New Year: Freight Rate Update Wk 2. By John Edmonds, Research & Marketing, Freightos. MORE

on high-volume lanes leaving Memphis , to an average of $3.06 One exception was also westbound, but didn’t go the whole distance: Memphis to Dallas rates rose 23¢ to $3.07/mile. MORE

Volume trended up last week in Los Angeles and Memphis , where load-to-truck ratios of about 2.0 If you’re in the neighborhood, look for loads here: Columbus to Memphis and Memphis to Indianapolis. Van load availability edged up 0.5% MORE

Memphis had a huge load-to-truck ratio and peak volumes on Friday, trailing only Atlanta in load counts at the end of the week. The top 3 increases were on Memphis lanes: Memphis to Chicago jumped up 38¢ to $3.47/mile. MORE

Columbus to Memphis also dropped 13¢ to $2.15/mile. So far, the national averages for spot market rates in October are the highest they've been since the Snowpocalypse of 2014. MORE

Retail freight is also rebounding after a lull, which we can see in the higher rates on the lane from Memphis to Columbus , OH, and others that are heavily influenced by retail shipments. Memphis to Columbus up 19¢ to $2.76/mile. MORE

FedEx Corporation is based in Memphis TN and has $42.7B The 5 largest LTL carriers together have $16.2 billion in annual revenues and 46.4% market share. Each of the top five companies has a national footprint with tons of resources and top notch teams. There is a brief profile of each of the carriers below. The 5 Largest LTL Carriers. Largest LTL Carrier: FedEx Freight. FedEx Freight is the largest less than truckload (LTL) carrier with approximately $5.3B in sales (estimated 2012). MORE

Memphis to Columbus , down 46¢ to $2.92. Columbus to Memphis , down 44¢ to $1.93. Memphis to Chicago , down 38¢ to $2.88. There were big increases in volumes out of Los Angeles, Chicago, and Memphis , however, which could lead to more stable pricing. MORE

Geography, transportation infrastructure, and a strong distribution sector make Memphis a natural logistics hub MORE

If you're starting in Memphis , or another place with above-average rates, a little extra planning can turn a so-so roundtrip into a really good one. A load out of Memphis might go to Chicago or to Columbus. The roundtrip average for Memphis-Chicago-Memphis is $1.60/mile. MORE

and in Memphis instead of Atlanta. Memphis rates mostly held steady, and a 15¢-per mile spike on the lane to Columbus was a bright spot in an otherwise quiet week. DAT TriHaul of the Week: Memphis - Columbus - Gary - Memphis. MORE

The Memphis market posted the biggest gains for October, with outbound flatbed rates up 10%. The national flatbed rate for October was the highest of the year, boosted at least in part by rebuilding efforts in Florida and the Gulf Coast after the storms from a couple months ago. MORE

Columbus to Memphis climbed 37¢ to $2.28/mile. The national average van rate rose for the fifth week in a row. At $1.97 per mile , the average rate in September was 18¢ higher than the August average, and 35¢ higher than September 2016. MORE

Volumes had the steepest declines in Atlanta and Houston , but Memphis van load counts spiked 13%. Atlanta to Memphis paid 22¢ better at $1.93/mile. Memphis to Columbus was up 17¢ to $1.94/mile. Memphis to Dallas was also down 27¢ to $2.76/mile. MORE

Volumes were off in Memphis , which pushed rates down 4%. Memphis to Houston nose-dived 54¢ to $2.74/mile after a surge in the week before. Flatbed trends have been mostly neutral overall so far in February. MORE

Memphis: The Super Hub. Interestingly enough, the biggest hub in the United States is Memphis, Tennessee. So much so that Memphis is home to the second busiest airport in the world, second only to Hong Kong. This is due largely to the fact that FedEx has set up shop for their super hub in Memphis. Cargo departing Memphis can reach just about anybody in the United States in the optimal shortest amount of time — making it the perfect sorting site for overnight shipments. MORE

Memphis also rebounded last week. Vans were paid 13¢ more per mile on the lane from Memphis to Chicago, up to $1.62/mile. As mentioned above, rates rose to $1.55/mile last week on the lane from Memphis to Chicago. One is to look for a load from Memphis to St. MORE

So Atlanta, Charlotte, Memphis and other regional hubs were moving freight to Arkansas, Louisiana, Texas, and Oklahoma, because Houston couldn't do it. Less than ten days after Hurricane Harvey, trucks are already moving freight out of Houston, with almost the same volume as before the storm. MORE

More specifically, if you're looking for a load out of Houston, Dallas, or Memphis, you'll see higher rates. Memphis to Indianapolis gained 22¢ to $2.58/mile. "March went out like a lion, a whippin' up the water in the bay." MORE

Memphis is right in the middle of a dark red patch on the heat map for truckload demand. Memphis to Columbus, OH , rose 20¢ to an average of $2.52/mile, likely spurred on by Easter-related retail shipments. Memphis to Atlanta rates also rose 15¢ to $2.87/mile. MORE

Dallas and Memphis had the biggest drops for flatbed rates last week, and both were negative for the month of December. Memphis to St. Flatbed rates saw a spike in the week before Christmas, but otherwise they’ve stayed pretty close to where they were before Thanksgiving. MORE

I had the incredible opportunity to fly in a B-17 bomber this past weekend, a replica of the Memphis Belle that survived 25 tours of duty in Europe. MORE