Reefer rates and volumes stay cool in summer heat

Reefer rates and volumes continued their summer slide. The load-to-truck ratio was down 16.8% last week, meaning there’s a lot of competition for refrigerated freight.

The decline stings more since reefer trends have disappointed so far this year. Unpredictable weather has hurt produce harvests, and reefer markets have suffered as a result. That also creates a drag on van rates, with more reefer carriers competing for dry van freight. 

Looking for reefer loads? DAT load boards are the largest and most trusted digital marketplace for truckload freight.

Rising

Rates out of Sacramento and McAllen, TX, held up better compared to most markets. Pricing improved out of McAllen, but volumes plunged along the border in Nogales, AZ. 

  • Green Bay to Des Moines rose 35¢ to $2.85 
  • Grand Rapids, MI, to Cleveland increased 15¢ to $3.30
  • McAllen to Atlanta jumped 12¢ to $2.10 

Falling

Miami is starting to cool off from their spike in rates last week, with lanes out the city all seeing a significant decrease. 

  • Lakeland, FL, to Baltimore fell 44¢ to $1.59
  • Miami to Baltimore plunged 45¢ to $1.43
  • Green Bay to Wilmington, IL, dropped 35¢ to $3.27

Find loads, trucks and lane-by-lane rate information in DAT load boards, including rates from DAT RateView.



Allie Lewis

Allie joins us from the University of Oregon where she is majoring in Public Relations in the School of Journalism. Allie also volunteers as the PR Manager for a local non-profit, Christmas for Kids, as well as managing PR efforts for her sorority.



Comments

About DAT

DAT operates the largest truckload freight marketplace in North America. Transportation brokers, carriers, news organizations and industry analysts rely on DAT for market trends and data insights derived from 256 million freight matches and a database of 65 billion of market transactions.

The Original Load Board - Trusted Since 1978

The company was established in 1978 as the Dial-A-Truck (DAT) load finder service at Jubitz® truck stop in Portland, OR.

TIA
OOIDA
CSCMP
MATS