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Major Freight Markets Saw Biggest Rate Surge of the Year

DAT Solutions

Freight patterns showed increased retail trade ahead of Memorial Day weekend, and since some drivers finished the week up early ahead of the holiday weekend, capacity also tightened. 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.

Fresno 73
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Van Rates Peak in July, Flatbed Prices Rise in Southeast

DAT Solutions

Memphis had more loads last week, as it replaced Houston as the number 3 market for load availability, following Atlanta and Dallas. Memphis outbound rates were down for the week, but rates are rising in the Midwest, starting with Columbus. This could be due to retail re-stocking for back-to-school season, which would be a good sign.