Tag: rates: Page 5

Business

Mid-range hauls paying better across reefer and van lanes in the last week as replenishment drives volumes

As the COVID-19 crisis impacts supply chains, spot market rates for refrigerated and van lanes jumped for the week ending on March 22. Details on Overdrive.

March 27, 2020

Business

Truckload volume, rates tick higher amid retailers’ rush to re-stock

During the first week of March, truckload rates rose as consumers boosted spending on shelf-stable food and cleaning supplies, in part anticipating coronavirus spread.

March 12, 2020

Business

Coronavirus supply-chain disruptions lead into uncertain March, alongside small demand improvements last week

Spot truckload rates for the week of Feb. 24-Mar. 1 were in line with seasonal expectations, but could the coronavirus lead to an uncertain March? Details here.

March 5, 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

Spot rates bottoming out?

Weekly declines in freight rates for the week ending in Feb. 16 were small, indicating demand is increasing and rates may be bottoming out. More here.

February 20, 2020

Channel 19

<$1/mile freight? C’mon, brokers, really?

For too many brokers fishing for sub-$1/mile rates, it’s like “tossing a peanut shell into the cage of a starving patriot,” says independent reader Jeffery Hanson. “The starving man will eat it. But he does not realize he is almost dead, just that he is hungry.” For brokers doing this: it won’t be long before “it comes for them, too.”

February 14, 2020

Overdrive Radio

For the love of … Patty the traveling road dog, with owner-op Rob Goodwin, and introducing ‘Over the Road’

This week on Overdrive Radio, reefer truck driver Rob Goodwin discusses life on the road with his bulldog Patty, the Traveling Road Dog. Details on Overdrive.

February 12, 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

Spot market: Demand for vans slips, more from the last week

The current lull, with seasonal factors coming into play in addition to others, may be shorter than expected, but there’s no doubt that for now conditions on the spot market favor shippers — and demand a creative approach from truckers. Anybody planning a vacation?

January 30, 2020

Business

Spot freight in the last week: Rates dip, but flatbed demand shows off-season promise

After a relatively strong start to the month, spot van and reefer rates slipped below December averages during the week ending Jan. 19. There was, however, better news for flatbed haulers as rates crept higher on the strength of new oil and gas projects.

January 23, 2020

Channel 19

2020 income outlook: Owner-operators trend optimistic for the year ahead

Believe it or not, as it were — there were, however, a variety of shrugs and SMHs to the annual question on business income outlook for the new year this time around social media. Polling results, however, showed much more of an “it’s got to be better than last year” dynamic than results this time in 2019.

January 9, 2020

Business

Freight volumes fall but spot van, reefer rates stay firm

Spot truckload freight volumes fell a bit during the first week of January compared to previous weeks in December, but rates maintained what momentum they’d had to close out last year. The exception? Inbound van freight to heavy retail markets like Memphis, Columbus, Chicago …

January 9, 2020