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Severe weather causes freight rates to slip

DAT Solutions

The highways are open now, but there are still flood warnings in six states: Nebraska, parts of neighboring South Dakota, Iowa, and Minnesota, plus eastern Arizona and western Mississippi. National Average Freight Rates. The van load-to-truck ratio declined last week to 1.6 loads per truck. mile, down 2¢ Reefer: $2.19/mile,

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Trucking Market Update and 2020 Q1 Freight Outlook

Zipline Logistics

It was a good year for shippers as freight rates plummeted for the majority of 2019, substantially backing off the historic highs the industry witnessed in 2018. An overall economic sluggishness hit freight particularly hard in 2019 leading to what many have labeled as a “ freight recession.”.

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Freight Volume Rebounds to Pre-Pandemic Levels

Zipline Logistics

As we move into the back half of May, the freight market is starting to show signs of an expedited rebound. . Th ese conditions have caused a more favorable freight environment. That is e specially the case for outbound freight in southern states and California where produce season is in full swing. . Logistics? ? .

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Mastering Menards Delivery through Retail Specialized Logistics

Zipline Logistics

Menards services 12 distribution centers throughout its territory with facilities in Wisconsin, Iowa, Illinois, Ohio, Indiana, Nebraska, North Dakota, Michigan, Missouri, and South Dakota. Booking freight without a deliberate plan can undercut your relationship with the retailer.

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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. Additionally, according to Freight Waves, “outbound tender rejections have increased week-over-week for the first time since the OTRI peaked at 19.25% on March 28.”. Southeast Logistics.

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Flatbed Demand Surges in Oregon and South Dakota

DAT Solutions

South Dakota has also been a hot state for flatbeds lately, with lots of loads originating in the Rapid City market. Rates are derived from DAT RateView , and are based on actual rate agreements between freight brokers and carriers. The heaviest demand was concentrated in Western Oregon and Northern California.

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Logistics Market Stays Flat as May Begins

Zipline Logistics

To effectively track each state’s progress in reopening and how freight is impacted, we will publish a market update for the coming weeks as the country eases out of lockdowns. . Increases in volumes started climbing this week steadily but still down 10-15% year-over-year according to Freight Waves’ Sonar indexes. .