Houston

Van rates leap on heels of Harvey impact as freight patterns shift nationwide

Truck freight patterns nationwide have already been altered by the impact of Hurricane Harvey and its destructive landfall in southeast Texas late last month, according to DAT Solutions’ Mark Montague. Van rates have leapt in the past 10 days, and reefer rates this week have started to surge, Montague says.

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Spot market update: Harvey ripple effects, lookback on dry van demand through 2017 so far

The demand map for the dry van segment continued to be on the darker, truck-favorable side in the last week, part of a somewhat uncommon trend in the spot market for this time of year. Run through the shifting sands of van demand so far this year in a video, and more in this week's update.

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On a Hurricane Harvey relief mission with owner-operator Bill Ater

Landstar-leased owner-operator Bill Ater had his "feet in the starting blocks, hands on the floor" and was "waiting on the starting shot" when we talked Tuesday, August 29, for this Overdrive Radio podcast, staged in South Texas for relief shuttles associated with Hurricane Harvey.

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Unprecedented rainfall, flooding shut down major interstates, highways in southeast Texas

Parts of Houston and southeast Texas have received more than 30 inches of rain from Tropical Storm Harvey since Friday, and the National Weather Service says another 15 to 25 inches could fall through the end of the week.

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What happened to the summer freight doldrums? August starts strong for vans, flats, reefers

DAT's Ken Harper: "Here's one for the record books: August started stronger for vans than any of the last 18 months. August! Really? What happened to the summer doldrums?"... Flatbed, reefer holding fairly strong as well, given the season.

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Pre-holiday, end-of-quarter demand boost extends into this week for flats, vans, reefers

Friday last week marked the end of the second quarter, likewise the start of the Fourth of July holiday weekend, a combination that boosted demand indicators, which average rates followed up.

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Spot freight volume: 100 percent higher than this time last year

The stat in the headline doesn't tell the whole story, however, as rates are basically flat from where they've been the past few weeks. Some bright spots, however, in flatbed.

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Some high notes for flatbeds amid seasonal spot market fall-off

Flatbed rates had a small rebound last week, amid seasonal declines across all segments. On the top 78 open-deck lanes, rates rose on 42 of them, while 31 declined. The other five were neutral.

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Van, reefer demand and rate picture mixed the first week of the year

DAT's Ken Harper says owner-operators might be right to be expressing optimism about their business prospects for 2017: "With the economy picking up, and economic forecasts showing growth, it should (could?) be a very good year for spot freight."

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Spot market update: Local demand indicators for three major segments in the last week

A somewhat lackluster week on the spot market saw van and reefer volume increase slightly, but rates were more or less unchanged as a national average. Flatbed volume and rates considered broadly continued to drift down, but Savannah-Charlotte was a hot round trip.

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