Tag: spot market: Page 5

Business

Second week going: Van volumes rise, but spot rates slide; weather disruption something of a norm

The strongest improvements for van markets were out West last week. Los Angeles volumes increased 8% and the average outbound rate gained 2 cents to $2.18 per mile. L.A. load-to-truck touched 5.2 last Friday. Wildfires, flooding, tornadoes and more continue to disrupt regional patterns.

October 30, 2019

Business

Spot-market promise amid volume declines in the last week: West Coast vans

Freight volumes rose in a handful of major markets, but the number of spot load postings fell 5% nationwide, and truck posts dipped 1%, during the week ending Oct. 22. Bright spot: Vans on the west coast.

October 23, 2019

Business

Truckload spot market volume rebounded in the last week

Wish we could say the same for truckload spot rates: While demand for vans returned to normal in Houston and other markets affected by recent flooding, rates did not respond immediately as averages through Sept. 29 show only slight improvement over August.

October 2, 2019

Business

LaneHoney market data site updating in Oct.

The LaneHoney spot market data site intended to deliver information to all market participants, including independent owner-operators, notes its updated data engine will be available in preview to existing customers until October 15.

September 30, 2019

Business

Up-and-down demand volatility continues on spot market with weather hampering activity

Spot truckload freight activity slowed last week as Tropical Storm Imelda brought severe rain and flooding to Houston and other nearby areas, disrupting supply chains across the South and Midwest. And: How’s $2.85 average rate for a reefer out of Denver sound? ….

September 26, 2019

Business

Southeast, Texas flatbed volumes looking better in the last week

Together, spot flatbed trends in the Southeast and Texas suggest better times ahead for carriers on the spot market. All in all, demand slipped nationally a bit for vans and reefers, while growing for flatbed. Market to watch: Vans and reefers from the Pacific Northwest.

September 19, 2019

Business

Spot freight rates up to start September

The spot truckload freight market’s relatively strong finish in August continued into September as rates moved higher last week; van load-to-truck ratios remained strong nationally over the previous week, and East Coast reefer lanes benefited from boosted activity in the wake of weather threats/reality.

September 12, 2019

Business

Southeast inbound freight, volumes elsewhere, built as Dorian approached the coast

Spot rates, volumes were building as Hurricane Dorian approached the Southeast. The number of van, reefer, and flatbed loads posted from August 26 to Sept. 1 increased 7% compared to the previous week while capacity dipped 2.4% heading into Labor Day weekend. Market to watch: Washington apples.

September 4, 2019

Business

Have spot rates bottomed out?

There are signs of it in data from the DAT network of load boards for the week ending Aug. 25. Spot pricing held firm, despite a 3% drop in the number of posted loads. The number of posted trucks increased 2.6% compared to the previous week.

August 29, 2019

Business

Rates sunk lower last week, but improved demand could bode well for this week

Van freight volumes have been stable for nearly all of 2019 but so has capacity. Rates have drifted lower, also for reefers, but if seasonal trends hold, they should pick up again in late September and October as contract carriers enter their busy season and soak up some of that excess capacity.

August 22, 2019

Business

Spot van demand falls, rates follow; some reefer bright spots

There’s some good news in the Midwest for reefer operators migrating away from California, where demand has declined. Load volume from Los Angeles fell 10%, Sacramento was down 5%, and Ontario lost 3% last week. Market to watch: Grand Rapids reefers.

August 13, 2019

Business

Summer dog days for rates on the spot market? Some exceptions in the last week

Last week vans were in highest demand in California, Nevada, and states bordering the Mississippi River. But rate gains were best in the East for the week ending Aug. 4. Markets to watch: vans out of Philadelphia, volatility in reefer markets, more.

August 9, 2019