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Tag: produce
Business
Spot market volume fell last week with holiday, third quarter beginning, but rates rose
Average rates increased as shippers pushed freight out the door before the end of the quarter, but look ahead for declining rates through summer. Details here.
July 10, 2020
Business
Positive spot market signals, even with cloud of COVID case spikes in ag areas
Spot market rates for vans and reefers are higher than before the COVID-19 coronavirus hit the states. Learn more about the positive spot rates and trends here.
June 25, 2020
Business
Van demand indicators tick higher as outlook for rates recovery brightens
Rates are low but trending in the right direction with van, flatbed and reefer rates all above the average at the start of the month. Details on Overdrive.
May 28, 2020
Business
Week-over-week freight plunge: 42% falls out of spot market in week ending April 12
DAT Solutions notes that for the week ending April 12, load post volumes across segments were down another 42%. More information here on Overdrive.
April 16, 2020
Business
Small spot market improvements occurring at typical seasonal rates low point
Seasonally, we’re in the month that is usually the low point for spot rates during the year. The national average van rate in February is the lowest since May 2019, when it was also $1.79 a mile. However, the line-haul average rate (minus a calculated average surcharge) at that time was $1.47, 4 cents lower than where we are now.
February 27, 2020
Business
Week to week rates thaw — drip, drip, drip into February
National average spot truckload rates for major segments other than flatbed entered February in a slow-motion slide after closing out January at their lowest points in two months.
February 6, 2020
Business
Ahead of Thanksgiving, spot reefer volumes and rates show some heat
With last-minute Thanksgiving and Black Friday freight on the move, spot truckload freight volumes increased during the week ending Nov. 24, and rates in fact responded, unlike many of the preceding weeks in this tough cycle.
November 27, 2019
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
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
Business
Reefer freight volumes outbound from Calif. offset slow summer conditions
Spot truckload freight volume fell another 8% during the week ending July 28. More van and reefer loads out of California helped halt a further decline, as spot loads of summer produce soaked up capacity and kept trucks busy with longer hauls.
July 31, 2019
Business
Freight recession? Not as long as volumes continue strong
Major van markets’ volumes regained all they lost during the July 4 holiday week, as talk of a freight recession arose from some industry quarters. Reefer shows signs of volume falls in the last week, but not the other major segments, DAT notes.
July 18, 2019
Business
Volumes are high on the spot market, but rates are unmoved with an abundance of capacity
The weather is warming up and the freight is out there — in fact, van freight volumes for May are as high as they’ve ever been. But an abundance of capacity continued to keep spot truckload rates at less-than-stellar levels — and falling for vans compared to the April average — during the week ending May 19,
May 24, 2019
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