In years past, there’s been a slump in rates after Memorial Day on DAT Load Boards, but that wasn’t the case last week. Spot market rates continued their upward trend after the holiday. The Sun Belt is still showing strength, as last week, and the Midwest continues to improve. California volumes are holding.
On the top 80 highest-volume van lanes, rate increases far outnumbered lanes with falling prices.
Memphis to Indianapolis is one of the retail-heavy lanes that paid better last week, averaging $1.88 per mile. You might have a hard time finding a load that’s heading back toward Memphis, though.
Putting together a three-leg route would put you in a better position to find freight that’s bound for Memphis. And if you can make it work with your hours, the three-load round would boost overall revenue per day. After your first drop in Indianapolis, you could make a shorter run from Indy to St. Louis, which paid $1.99 per mile on average last week. From St. Louis, you should have an easier time finding a load to Memphis, which paid an average $1.94 per mile. Not counting any potential deadhead, the whole trip would add about 70 miles and pay an extra $338.