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2 Signs That the Freight Recession Really Is Over

DAT Solutions

Together, the ratio and rates offer strong evidence yet that the freight recession is over. Cleveland to Chicago also paid 15¢ better at $1.75/mile. Reefer freight is in transition. Meanwhile, the bulk of California freight has yet to hit the spot market. Grand Rapids to Cleveland also rose 24¢ to $3.35/mile.

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Spot Market Freight Rates Soar After Hurricane Harvey

DAT Solutions

Most of the major van markets actually had fewer outbound loads available, though, and most regular freight heading to Houston was canceled. Dallas rates also soared, as some freight was diverted to that busy freight hub. per mile, but rates still rose on the lanes to Madison and Cleveland.

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From Globalization to Glocalization

Enterra Insights

Businesses must weigh the costs of shipping, customs, tariffs, and taxes when expanding internationally. 8] Staff, “ Reduced risk, regionalization become supply chain priorities, economics expert says ,” Freight Waves, 22 June 2023. ” • Cost Considerations : “Globalization can be expensive.

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Retailers receiving inventories any which way they can

Cathy Roberson

Ocean freight solutions Ocean rates and capacity have been a big concern for all shippers for quite some time. Dollar General’s CEO noted that their updated freight outlook after Q1 assumed that its regular ocean carriers would fulfill only 85% of their contractual commitments.

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America Adapting to Supply Chain Chaos

Operations and Supply Chain Management

On the outskirts of Columbus, Ohio, where the remains of a 200-year-old canal built to connect Cleveland with Cincinnati snake around new warehouse parks, a modern tributary of the global economy widens a little more with each planeload of goods that roars down its runways. International freight being unloaded at Rickenbacker airport.

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Spot Freight Volumes Get Welcomed Boost

DAT Solutions

We got a welcomed surge of spot market freight to close out July. That would’ve led to more reefer trucks competing for van freight, and the extra capacity kept rates down. That would’ve led to more reefer trucks competing for van freight, and the extra capacity kept rates down. RISING LANES. RISING LANES.

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Spot market demand heats up out West

DAT Solutions

DAT load boards provide the largest and most trusted digital freight marketplace in the trucking industry, with more than 256 million loads and trucks posted annually, plus insights into current spot market and contract rates based on $60 billion in real transactions. Roanoke to Cleveland gained 54¢ to $2.67/mi. Rising Rates.