rates increased by at least 1% over the past three weeks and the seven days
ending September 14 were no exception. Rates rose 1.2% compared to the past
week and continue to boost van rates mid-month. Compared to August, van rates
for September, to date, are up 3.1%. It seems like rates are trending up with
consumer driven freight. I'll keep an eye over activity in the next few weeks
to determine how long van rates may increase.
the nation, rates from Dallas continue to rebound from declines brought on by severe
droughts and fires. Port activity in Los Angeles rebounded rates 1% after recording
the largest market decline for this segment just one week ago. LA rates are now
on par with levels seen two weeks ago.
recorded a 2.3% dip in rates and was the largest declining market for dry vans over
the past week. This major Northern California produce and distribution market
rebounded from a dip spanning second half of August and appears to be on the decline
again. Rates might continue to dip as produce shifts gears into the fall harvest.
rates recorded a mild decline of 0.4% compared to the past week but freight for
this segment seems to be up. Over half of the major lanes I follow recorded a
dip in rates led by Philadelphia, down 4.3%, week over week. Rates from Philly
may have brought down the overall average but Los Angeles, Atlanta, and Dallas
all recorded declining rates. Do you have any theories from your experience in the
Have you seen similar movement this past week? Have a hunch
where the market might go next? Comment below, I'm curious what you're seeing
out on the road.
I will also be available LIVE on the blog Tuesday, September 19, at 4:30PM (Pacific) answering your questions on rates and trihauls. If you
have a question, feel free to submit it in the comments at the bottom of this
post, and I'll answer it LIVE on the blog, Monday afternoon!
For more detailed information on current spot
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