Tag: rates: Page 19

Business

As spot market hummed into Thanksgiving week, higher rates in all three major segments emerged

“These should be happy holidays for the trucking community” when it comes rates, says DAT’s Ken Harper, “especially owner-operators. Looking farther out, the prognosis is still good, although there are reports of a slowing economy. We shall see.”

November 30, 2017

Business

Reefer, van spot market demand remain high in the last week over much of the country

Last week, the national average reefer rate hit its highest mark in three years at $2.40 per mile, and the market has looked more like June than November.

November 22, 2017

Overdrive Extra

Flatbed operators prospering as economy rebounds

Through September, flatbedder clients of ATBS had net income of $51,602. Even though miles driven did not change much during the first three quarters, net income per mile rose dramatically each quarter, indicating rapidly rising rates: 67.3 cents per mile, 74.7 cpm and 81.7 cpm.

November 17, 2017

Overdrive Radio

Carriers’ ‘magic eraser’ role in compounding uncompensated-detention issue: Rico Muhammad on the e-log shift

As a trade-off for the ultimate hassle of mandated e-logs, in this Overdrive Radio podcast Muhammad’s hopeful owner-operators can both individually and collectively use the change as a cudgel to their advantage when dealing with brokers, shippers, receivers … anyone who would insist on wasting drivers’ time.

November 14, 2017

Business

Holiday freight is moving as L.A., Chicago top van markets in latest spot update; reefer strengthening too

Since Hurricane Irma, van freight rate gains have been more or less sustained, and “to put this in perspective, we haven’t seen van rates this high for a protracted time … since the Polar Vortex/Snowpocalypse of 2014,” DAT’s Ken Harper says.

November 8, 2017

Channel 19

E-log antipathy ‘not all about the money’: Readers respond ‘around the dunk tank’ to Wes Memphis’ latest

The pseudonymous Memphis noted his Friday positing of the possibility of a “new golden age of trucking” — if imposed ELDs actually limit available hours in a fashion they aren’t already limited post-December 18 toward substantially better rates, income (hardly a certainty) — was “getting some good comments around the dunk tank.” …

November 7, 2017

Business

Rates surged again in October, flatbed and van hit three-year highs

With conditions ripe for rate hikes of late, truckload rates in all three major segments in October continued their upward momentum, according to monthly spot market rates data from Truckstop.com.

November 1, 2017

Business

Spot market: Rates cool a smidge for vans, reefers, but conditions remain good for truckers

After surging for several weeks van spot market rates moderated a bit the week of Oct. 8-14. Looser truckload capacity led to a lower national average, interrupting what had been seven straight weeks of increases.

October 23, 2017

Channel 19

Rates up: A result of last week’s ELD protests?

Rates haven’t been as good as they were last week since the Snowpocalypse of 2014, notes DAT’s Ken Harper. But before you attribute that to the number of owner-operators who shut down last week in solidarity with ELD protests around the country, consider truck posts on DAT boards weren’t off by much. Reefer, van demand updates here.

October 11, 2017

Business

Rates and volumes way up in the spot market

Any owner-operators shutting down this week in protest of the electronic logging device mandate might have missed some of the best freight and rate conditions on the spot market that have been seen in the past several years. Updates for dry van, flatbed, based on last week’s data.

October 6, 2017

Business

Rates skyrocketed in September following hurricanes Harvey, Irma

Flatbed rates hit a three-year high, and van and reefer rates jumped two-year highs.

October 2, 2017

Overdrive Extra

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.

September 29, 2017