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Rate trend

Once upon a time, Black Friday marked the end of the retail freight season. Those days are gone, though, and we’re now in the thick of it.E-commerce marked the end of the traditional retail freight season. While brick and mortar stores still need to have their shelves stocked before Black Friday, the online activity that fuels a larger and larger portion of truckload demand every year will continue right up until Christmas and even… Read More

Peak season is coming for freight

Once upon a time, Black Friday marked the end of the retail freight season. Those days are gone.E-commerce has disrupted that traditional freight schedule. While brick and mortar stores still need to stock shelves before Black Friday, the online activity that fuels a larger and larger portion of truck load demand every year will continue right up until Christmas and even on into the first week or two… Read More

Truckload spot and contract rates tell different stories

There are really two truckload rate stories this year. For one, spot market rates have declined sharply this fall. In the second story, contract rates have mostly held up, and in some cases may still have room to climb higher. Those two stories from 2018 lead to two different rate forecasts for the first half of 2019. Trend #1. Spot rates decline due to excess capacity Spot market rates seem to be suffering… Read More

Minnesota turkeys are stuffing outbound trucks

When you sit down to Thanksgiving dinner in the Midwestern U.S., remember to be thankful for Minnesota. The Land of a Thousand Lakes is also the number-one state for turkey production, by a wide margin. So it's no big surprise that the Minneapolis market area was also the land of a thousand loads (per day) in the first half of November, as fresh turkeys got stuffed into temp-controlled trailers during the run-up to Thanksgiving. There… Read More

DAT Freight Barometers: Contract rates will rise more slowly in 2019

Capacity is becoming more available, as small fleets have mostly adjusted to electronic logging device (ELD) and strict enforcement of the Hours of Service rules. Driver pay has risen steadily in the past year, so large fleets are able to attract drivers and keep more trucks on the road, effectively increasing capacity. Driver turnover remains high, so retention continues to be a pressing issue, especially for large fleets. At the… Read More

The high cost of free shipping

I’m doing my holiday shopping early this year. That may seem overly cautious, considering that everybody and his brother is suddenly offering free shipping. Order before December 22, and shipping is free. Some retailers have even guaranteed free, two-day shipping until that date, with no minimum purchase requirements.Amazon, Target, Walmart, and other retailers are betting that their offers of free shipping will yield… Read More

Thanksgiving surge boosts reefer prices; van freight heads east

With Thanksgiving approaching, it’s the reefer segment that is driving seasonal demand, as grocery stores prepare for the big day. And with e-commerce season still building, we may soon see an increase in van demand and rates too.National average ratesVan $2.09/mile, unchangedReefer $2.45/mile, up 4¢Flatbed $2.42/mile, down… Read More

Central Oregon Truck hauls Capitol Christmas Tree

Central Oregon Truck Company, based in Redmond, Oregon, was chosen to transport an 80-foot noble fir from Oregon's Willamette National Forest to the west lawn of the U.S. Capitol Building. The company's CEO, Rick Williams, will be one of the drivers."It is an honor to be selected to carry the 2018 U.S. Capitol Christmas tree and to represent the great state of Oregon… Read More

Will carriers cash in on the holidays?

(UPDATED NOV 20, 2018) Fall has been relatively quiet for freight, but all signs show that retail shipments are about to kick into gear. Trucks are in high demand on the West Coast, as imports move east from the ports. Los Angeles volumes and prices are already starting to spike.Higher load-to-truck ratios across the country also… Read More

Van freight gears up for the holidays

The West Coast continued to drive spot market demand last week. Load-to-truck ratios in Los Angeles hit 12.2 on Friday, even stronger than the prior Friday when it was just over 10. Los Angeles outbound rates rose last week, which is in contrast to declining rates in most of the remainder of the country. Stockton volumes were also up sharply, but Seattle volumes rose most, 34%, and are expected to rise for the next several weeks as they work… Read More

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