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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. Denver to Houston rose 59¢ to $1.63 Chicago to Denver rates rose 22¢ to $2.72

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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. Reefer freight is in transition. Meanwhile, the bulk of California freight has yet to hit the spot market. The lane from Sacramento to Denver paid 24¢ better on average, at $2.63/mile. Rates could continue to rise.

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Transportation Trends: What’s Going on in the Trucking Industry?

PINC

Coming into 2019, issues like the tariff wars, driver shortage, and rising freight rates were high on transportation managers’ radar screens. Freight rates have leveled off (and even retreated, in some cases). Reefer freight rates continue to drop, with a current national average of $2.14 per mile.

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This Week in Logistics News (December 5-9, 2016)

Talking Logistics

Some mornings I would ride my rocket ship, evading asteroids and alien cruisers along the way, and I would barely make it to school on time (I mean, the space station), with just enough fuel to make a safe landing. R2 Freight & Logistics, Inc. October Air Freight Demand Up 8.2% – Fastest Growth in 18 Months (IATA).

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Spot Market Van Rates Soared in September

DAT Solutions

A big increase in port volumes back in July led to more truckload demand last month, too, since much of that freight didn’t start moving on trucks until August and September. Columbus is a key distribution point for the Midwest and the Northeast, and it shipped more to the Southeast after the storms. mile last week.

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This Week in Logistics News (May 30 – June 3, 2016)

Talking Logistics

DAT Launches Streamlined TMS for New Freight Brokers. In a blog post published today, Michael Bender, EVP and Chief Operating Officer, Walmart Global eCommerce, writes: Walmart will start with tests of grocery delivery through Uber and Lyft, which we expect to start within the next two weeks in Denver and one other market.

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Outbound Tender Rejections Increase for the First Time Since March Peak

Zipline Logistics

Currently, this has not made a substantial impact on the freight market, but we are seeing signs that the industry is beginning to recover. Produce shipping is showing signs of strengthening and should begin building activity for the remainder of the month before leveling off in June. Regional Logistics Market Updates.