rates

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.

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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.

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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.

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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.

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Hurricane recovery, ELD mandate could squeeze trucking capacity, boost rates

Hurricane recovery efforts will increase freight demand, which will pull trucks out of their normal cycle. That shift in freight patterns combined with the crimp of productivity likely associated with the coming electronic logging device mandate deadline could prompt a capacity crisis.

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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.

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Flatbed rates hit multi-year high in August as van, reefer slump pre-Harvey

The effects have Hurricane Harvey have pressed van and reefer rates higher to start September, but the two segments both saw declines overall in August from July, according to monthly rate data provided to Overdrive by Truckstop.com. Flatbed, meanwhile, hit its highest average in nearly three years in August, according to Truckstop.com’s data.

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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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Hurricane Harvey to disrupt freight flow nationwide, likely boost rates

Hurricane Harvey and the damage it is inflicting in southeast Texas will crimp trucking industry capacity, alter the country’s freight flow and likely push rates upward in the coming weeks and months. For those involved in relief efforts, it stands to be a busy next few weeks.

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