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Tag: spot market: Page 14
Business
When ‘being in the red is a good thing’: Van spot market hot states — all but Mass., Fla.
The national van average rate is back up to $2.09/mile post-Thanksgiving, and the load to truck ratio is a record 9:3. All states but the two named are shaded deep red, indicating high demand for trucking services …
December 7, 2017
Business
As spot market hummed into Thanksgiving week, higher rates in all three major segments emerged
“These should be happy holidays for the trucking community” when it comes rates, says DAT’s Ken Harper, “especially owner-operators. Looking farther out, the prognosis is still good, although there are reports of a slowing economy. We shall see.”
November 30, 2017
Business
Reefer, van spot market demand remain high in the last week over much of the country
Last week, the national average reefer rate hit its highest mark in three years at $2.40 per mile, and the market has looked more like June than November.
November 22, 2017
Business
Holiday freight is moving as L.A., Chicago top van markets in latest spot update; reefer strengthening too
Since Hurricane Irma, van freight rate gains have been more or less sustained, and “to put this in perspective, we haven’t seen van rates this high for a protracted time … since the Polar Vortex/Snowpocalypse of 2014,” DAT’s Ken Harper says.
November 8, 2017
Business
Spot market: Rates cool a smidge for vans, reefers, but conditions remain good for truckers
After surging for several weeks van spot market rates moderated a bit the week of Oct. 8-14. Looser truckload capacity led to a lower national average, interrupting what had been seven straight weeks of increases.
October 23, 2017
Business
Rates and volumes way up in the spot market
Any owner-operators shutting down this week in protest of the electronic logging device mandate might have missed some of the best freight and rate conditions on the spot market that have been seen in the past several years. Updates for dry van, flatbed, based on last week’s data.
October 6, 2017
Business
Rates skyrocketed in September following hurricanes Harvey, Irma
Flatbed rates hit a three-year high, and van and reefer rates jumped two-year highs.
October 2, 2017
Overdrive Extra
ELDs not alone in driving up rates
These factors indeed point to a capacity crunch – Noel Perry predicts it happening between March and July – that clearly exceeds the market’s typical ups and downs.
September 29, 2017
Business
Spot market gains in the last week — dry van, reefer at record volumes
Up, up, up: Spot market volumes hit an all-time high on the top 100 van lanes last week. And at $1.94 per mile, the national van rate is the highest it’s been in two and a half years – 16 cents higher than the overall August average.
September 27, 2017
Business
Spot market tightens, with rates moving accordingly on several lanes for vans, reefers
Capacity has been tight on the spot market, volumes heavy. Nationally, there are more loads available than there were before Hurricane Harvey, and recovery efforts after Irma have led to soaring van rates on lanes heading into Florida. More snapshots on hot and cold lanes, markets and more here.
September 21, 2017
Business
Spot update shows high demand across the country — vans, flats in detail, disaster-relief opportunities, more
Freight lanes re-orient North-South as demand picture shifts for dry vans. Some platform opportunity exists, notes FEMA contractor Foxhole Logistics, and in general terms the typical late-September-beginning fall freight season may be getting an early start.
September 14, 2017
Business
In the freight rate/availability weeds this disastrous week
With Hurricane Irma on the way and Harvey’s effects being felt, the two natural disasters are “coming on top of a robust economy,” notes DAT’s Ken Harper, which could bode well for parts of the national freight market in the coming weeks.
September 8, 2017
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