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Tag: Los Angeles
Business
Van demand indicators tick higher as outlook for rates recovery brightens
Rates are low but trending in the right direction with van, flatbed and reefer rates all above the average at the start of the month. Details on Overdrive.
May 28, 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
Second week going: Van volumes rise, but spot rates slide; weather disruption something of a norm
The strongest improvements for van markets were out West last week. Los Angeles volumes increased 8% and the average outbound rate gained 2 cents to $2.18 per mile. L.A. load-to-truck touched 5.2 last Friday. Wildfires, flooding, tornadoes and more continue to disrupt regional patterns.
October 30, 2019
Business
Spot-market promise amid volume declines in the last week: West Coast vans
Freight volumes rose in a handful of major markets, but the number of spot load postings fell 5% nationwide, and truck posts dipped 1%, during the week ending Oct. 22. Bright spot: Vans on the west coast.
October 23, 2019
Business
Spot van demand falls, rates follow; some reefer bright spots
There’s some good news in the Midwest for reefer operators migrating away from California, where demand has declined. Load volume from Los Angeles fell 10%, Sacramento was down 5%, and Ontario lost 3% last week. Market to watch: Grand Rapids reefers.
August 13, 2019
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
Volumes are high on the spot market, but rates are unmoved with an abundance of capacity
The weather is warming up and the freight is out there — in fact, van freight volumes for May are as high as they’ve ever been. But an abundance of capacity continued to keep spot truckload rates at less-than-stellar levels — and falling for vans compared to the April average — during the week ending May 19,
May 24, 2019
Business
Spot market in the last week: Load/truck ratios jump as rates fall back slightly
An influx of imports into West Coast ports helped push load-to-truck ratios higher on DAT load boards during the week ending Nov. 3. National average spot rates, however, continued to slide, if only slightly. Also: Close look at data from a market to watch: Atlanta.
November 7, 2018
Business
Spot van rates hit low for the year
On the top 100 van lanes, 64 lanes showed lower average rates last week, 29 were higher, and seven were unchanged. Also: Trends and key markets for van, flat and reefer segments.
October 25, 2018
Business
Post-Roadcheck surge of trucks on spot market dents reefer, though van rates sustain
June spot market rates strong for van lanes, while high traffic reefer lanes saw less than average rates. Check out the spot market rates for June 10-16, 2018.
June 20, 2018
Business
Roadcheck rates, volumes for vans and reefers on the spot market
Spot rates continue positive trend for June with van rates soaring to their highest since April. See van and reefer hot markets from the DAT on Overdrive.
June 7, 2018
Business
When ‘being in the red is a good thing’: Van spot market hot states — all but Mass., Fla.
The national van average rate is back up to $2.09/mile post-Thanksgiving, and the load to truck ratio is a record 9:3. All states but the two named are shaded deep red, indicating high demand for trucking services …
December 7, 2017
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