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Spot market settles after Hurricane Florence

DAT Solutions

As people in the Carolinas try their best to return to their normal routines, the freight markets have settled back down into typical seasonal trends following Hurricane Florence. Last week, national trends resumed mostly uninterrupted, climbing slowly and steadily from the late summer declines.

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Van freight stabilizes in early October

DAT Solutions

Here are two lanes worth noting: Denver to Oklahoma City jumped 12¢ to a not-so-hot $1.43/mile. Rates trended downward in most of the U.S., Rates are rising from Seattle to California, but otherwise the picture is weak for pricing. The lane from Chicago to Buffalo added 10¢, bumping up to $3.14/mile. FALLING LANES.

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Hurricane Michael halts shipments

DAT Solutions

Houston to Oklahoma City dropped 19¢ to $2.04/mile. Seattle to Salt Lake City lost 18¢ at $2.18, with fewer imports hitting the Seattle port. That could hopefully pick back up soon, as the U.S. and Canada reached a trade agreement a couple of weeks ago, even though it hasn’t gone into effect yet.

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2 Signs That the Freight Recession Really Is Over

DAT Solutions

Houston to Oklahoma City was down 8¢ to $1.97/mile. Projections for Central California produce are still strong for June, so we’re keeping an eye on the Fresno market, but those shipping gaps meant that rates didn’t continue their upward trend on many of the top reefer lanes.

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Van Rates Peak in July, Flatbed Prices Rise in Southeast

DAT Solutions

The good news: average van rates were higher in July than in June, which is not the usual trend. If this trend continues, rates could start moving up again. On a lane-by-lane basis, flatbed trends swung wildly. DAT Flatbed TriHaul of the Week: Houston - Oklahoma City - Ft Worth - Houston. mile to $2.12/mile

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Flatbed rates and volumes move upward

DAT Solutions

While van and reefer rates saw a decline in March compared to February, flatbed bucked the trend, making gains in both freight volumes and rates. Some of the lanes where rates increased last week included: Houston to Oklahoma City jumped 38¢ to $2.55/mi. Even so, rates have increased 4% overall in the past two weeks.

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Van rates drop to 16-month low

DAT Solutions

We've seen the same trend play out for reefers and flatbeds. Denver to Oklahoma City rates rose 13¢ to $1.34/mile. There’s the normal seasonal slowdown that occurs around this time each year, but falling fuel surcharges and increased capacity in the spot market are adding to downward pressure on rates.