rates

Reefer temps cool a degree during between-holidays ‘lull’ on spot market, but demand, rates continue strong

Van rates are at their highest national average in three years, and though many of the crazy-high averages for reefer lanes have fallen back down to earth in the last week, reefer rates are still a good bit higher than usual for this time of year.

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Head-first into the ‘exodus’ he goes …

"Bill Weaver has decided, on pretty much the eve of the ELD mandate going into effect, to make the transition from company driver to owner-operator for the first time in his more than 20-year trucking career."

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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 ...

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Reefer, van rates continue to march skyward, flatbed stays strong

Economic conditions continued to drive spot market rates higher in November, with per-mile rates for van and reefer climbing to multi-year highs, according to data from Truckstop.com. Flatbed rates dipped for the first time since July, according to Truckstop.com, following months of strong gains.

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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."

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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.

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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.

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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.

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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.

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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." ...

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