“Bad news, good news,” says DAT’s Ken Harper, looking at the spot market picture on DAT Load Boards within the last week — less freight, suggesting the typically “Summertime Blues” this time of year may finally be settling in, a little later than usual. At the same time, though, van and reefer rates remained well above June averages, and flatbed rates rose nationally.
If the typical lull is under way, that “brings to mind another song title,” Harper says. “See you in September” for more freight and better rates.
Geographic demand continues to shift as the maps below make clear — fewer loads and declining rates in the states that are furthest to the South, and an increase in activity just a little farther to the north. For example, look for rates to rise in Fresno instead of L.A., and in Memphis instead of Atlanta.
