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Tag: Houston
Business
Low rates in troubled spot market prompt protest, letter writing campaign
Some small fleets and owner-operators are writing to the attorneys general and state governors urging action on "reverse price gouging" as frustrations grow.
April 21, 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
Business
Trucks flooded the spot market last week returning from holidays — rates fell 4-6 cents/mile nationally
Holidays are over, it’s certain. The large majority of the trucking world is back to work. The number of trucks posted on the spot truckload freight market increased 77 percent last week, well ahead of the 9 percent gain in available loads.
January 17, 2019
Business
Spot market: Rates tick up, demand’s flat, and fuel is falling
For the week ending Jan. 5, Capacity imbalance produced big gains in national average load-to-truck ratios for flatbed, though reefer and van were stable or unchanged. That could spell little movement in vans and reefers this week.
January 11, 2019
Business
Spot rates rose slightly in final week of the new year
Load posts on the spot truckload freight market declined 21 percent during the week ending Dec. 29, not an unusual figure when you compare a holiday-shortened workweek to a full one. But truck posts were down farther, 47 percent, and that tight capacity helped keep rates firm.
January 4, 2019
Business
Rates, volumes held steady into Christmas week
Meanwhile, demand indicators in national average van and flatbed load-to-truck ratios declined, while the reefer ratio increased, compared to the previous week, reflecting demand to move fresh produce and temperature-controlled goods ahead of the Christmas holiday.
December 28, 2018
Business
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.
September 6, 2017
Business
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.
September 1, 2017
Overdrive Radio
On a Hurricane Harvey relief mission with owner-operator Bill Ater
Landstar-leased owner-operator Bill Ater had his “feet in the starting blocks, hands on the floor” and was “waiting on the starting shot” when we talked Tuesday, August 29, for this Overdrive Radio podcast, staged in South Texas for relief shuttles associated with Hurricane Harvey.
August 31, 2017
Business
Unprecedented rainfall, flooding shut down major interstates, highways in southeast Texas
Parts of Houston and southeast Texas have received more than 30 inches of rain from Tropical Storm Harvey since Friday, and the National Weather Service says another 15 to 25 inches could fall through the end of the week.
August 28, 2017
Business
What happened to the summer freight doldrums? August starts strong for vans, flats, reefers
DAT’s Ken Harper: “Here’s one for the record books: August started stronger for vans than any of the last 18 months. August! Really? What happened to the summer doldrums?”… Flatbed, reefer holding fairly strong as well, given the season.
August 11, 2017
Business
Pre-holiday, end-of-quarter demand boost extends into this week for flats, vans, reefers
Friday last week marked the end of the second quarter, likewise the start of the Fourth of July holiday weekend, a combination that boosted demand indicators, which average rates followed up.
July 7, 2017
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