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Tag: Philadelphia
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
Summer seasonal rate doldrums starting to turn early in some dry van, reefer markets
Rates often stagnate after the June peak, and markets softened in July. But prices may have turned a corner last week, with van rates holding steady on higher volumes in some markets.
August 9, 2018
Business
Spot market ‘checks and balances’ on offer in the last week for van, reefer freight
Van freight volumes edged up last week, but load posts were outpaced once again by an increase in available trucks. That led to a 5 cent dip in the national van rate, which sits at $2.16 per mile for April – still higher than the March average. Meanwhile, Spring produce moving in reefers is off to a slow start, it seems …
April 25, 2018
Business
Van rates edge up nationally, reefer freight moving out of growing areas to the South
DAT’s Ken Harper notes the freight-volume picture was more or less the same as in March to close out the month. The final week of April, “we had expected a bigger bump with the usual end-of-month inventories being cleared, but the bump didn’t happen,” Harper says.
May 3, 2017
Business
Weekly spot freight update: Reefer, van volumes still strong compared to 2016
The normal seasonal slow-down has been leading to lower demand and lower rates, but van volumes continue to look solid compared to 2016 in the spot market. And: How to maximize Cleveland-to-Chicago via Fort Wayne.
February 3, 2017
Business
Seasonal pattern taking hold in spot market dry van, reefer
Good news, bad news: Normal seasonal slowdowns means “we’re coming down from higher volumes of freight and rates. Compared to December 2016, the strongest month of the year, we’re sliding, but compared to last year at this time, we’re up.”
January 26, 2017
Business
Q2 end, July 4 holiday spur spot freight volume gain
With both the end of the quarter and the last few business days before a holiday weekend, last week’s boost in rates and volume, particularly in vans and reefers, wasn’t a big surprise. Still, it was a nice lift, especially after two months of improvement.
July 7, 2016
Business
Roadcheck rates effect in evidence on spot market, with attendant volume surge
Rates got “a shot in the arm” last week as Roadcheck slowed trucking down, affecting capacity overall through the week. Close looks at dry van, reefer demand geographically here, as freight volume continued to pick up overall.
June 15, 2016
Business
Van freight: A few hot markets amid cold overall picture
Spot van load availability edged up half a percent last week on DAT Load Boards, but rates followed overall demand down in most major markets. Some seasonal bright spots, however, were evident.
November 18, 2015
Business
Reefer market update: Rates, demand tumble nationally, with some bright spots in local markets
National average reefer rates continued to show declines last week, but outbound rates continue to trend up in key agricultural markets, including Grand Rapids, Mich.; McAllen, Texas; and Nogales, Ariz..
October 14, 2015
Business
National van freight — end-of-quarter rush boosts volume, demand
Rate trend of the week: End-of-quarter van volume boost leads national demand surge — declining fuel surcharges, however, balance overall rate picture.
October 7, 2015
Business
Hot, cold states for reefer freight
Freight, rates trend of the week: A closer look at the spot market reefer segment, including; How to get back from Philadelphia to Green Bay to maximize loaded revenue.
July 29, 2015
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