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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. Out of the Midwest, Columbus to Allentown, PA jumped up 31¢ to $3.12 RISING LANES. per mile.

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National Logistics Day 2023

Enterra Insights

The flight between Dayton and Columbus dramatically increased the speed with which goods could be delivered in the U.S. ”[7] Even back then, food, spices, salt, and other goods had to be sourced and moved. In 1896, the invention of the ‘horseless carriage’ semi-truck improved how goods moved across our country.

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Trends 2019: Manufacturing

Enterra Insights

technologies that interact, communicate and create lakes of vital freight information is now entering the supply chain and these will be instrumental in bringing about the smart supply chain.”[2] 4] Louis Columbus, “ Top 10 Manufacturing Trends For 2019 ,” IQMS Manufacturing Blog , 29 November 2018. [5]

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New Panama Canal Options: Running the Numbers with a TMS

TMC

These enterprises are no longer reliant on the Suez Canal route for shipping freight on Post-Panamax container vessels to the United States. East Coast to Columbus, Ohio—as opposed to the traditional option of using West Coast facilities—are negligible. The savings achieved by routing shipments through the U.S. West Coast ports.

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2017 Outlook: The Freight Recession is Over

DAT Solutions

The freight recession is over. Energy exploration and fracking petered out, and the accompanying freight dried up. Freight volume and rates finally began to revive in May 2016, and year-over-year volume comparisons turned positive in August. As we have learned from the current freight season, it's not business as usual.

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Summer freight: Calm before the storm?

DAT Solutions

Freight rates have steadily declined since the Fourth of July, but they're still high. There isn’t much urgency for long-haul freight at this time of year, so a lot of shipping has moved over to rail. Rates did rise on a handful of regional lanes: Columbus, OH, to Buffalo, NY , climbed 23¢ to an average of $3.77/mile.

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How Will Hurricane Harvey Affect Freight Rates?

DAT Solutions

Trucks can’t get in or out of Houston , which is a huge freight hub – it’s the number 1 source of loads for flatbeds, thanks to the oil and gas industry, and one of the top 5 or 6 markets for both van and reefer freight. Columbus to Memphis lost 10¢ of the previous week’s gain, back to $1.70

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