Rate Trend of the Week

Reefer rates still stuck in a rut
Reefer rates still stuck in a rut

This summer, reefer markets have felt the woes of reduced harvests due to harsh weather. That's kept rates from climbing, and reefer trucks have also been competing for dry van freight.

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Reefer markets still await late-summer harvests
Reefer markets still await late-summer harvests

Reefer markets have been waiting for an uplift from late summer fruit and vegetable harvests, but so far, that hasn't happened. The Midwest has made gains, but not enough to make up for markets where harvests have struggled due to weather.

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Van rates still waiting for a rebound
Van rates still waiting for a rebound

Van freight trends have been muted for nearly all of 2019 – we haven't seen many sharp spikes or large drops. Overall, it's been a steady decline, interrupted by higher rates in June and the first half of July.

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Reefer activity shifts northward
Reefer activity shifts northward

Reefer demand trailed off in California and Texas last week, and the majority of high-traffic reefer lanes paid lower rates last week. But there were early signs of activity shifting northward.

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Van rates reach their summertime slump
Van rates reach their summertime slump

The summer slowdown has arrived for spot market truckload freight. It’s typical for prices to drop around this time of year, but declines in reefer freight and oil field activity are also adding a drag on van rates this summer.

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Van rates fall after 4th of July
Van rates fall after 4th of July

It's typical for rates to fall after the Fourth of July, and this year was no different. Now that the holiday has passed, there's less urgency for the freight that's moving.

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