Hurricane Matthew Affects Spot Rates and Freight Volumes
Spot market rates were up last week, but volumes fell. Hurricane Matthew likely played a role in both of those
Spot market rates were up last week, but volumes fell. Hurricane Matthew likely played a role in both of those
The bankruptcy of the world’s 7th largest container carrier, Hanjin Shipping, has led to shippers re-adjusting inventories in the past
Spot market activity often ramps up in the West during the fall season, but there’s added pressure this month. Hanjin
Volumes and rates got a boost heading into the Labor Day weekend, and those prices mostly held steady last week.
Good news, everyone! Freight volume AND RATES got a healthy boost last week for all equipment types. Vans got the
Van and reefer volume increased last week, although rates were unchanged as a national average. Flatbed volume and rates continued
Every week, we seem to report that trends are mixed, that truckload freight volume and rates are in a transition,
Van and reefer rates were mostly in a holding pattern last week. The national averages for both stayed the same
National average van rates are sliding, but they’re still a few cents above the June average, so the typical mid-July
The typical July lull began last week, which is a little later than expected. Load availability and rates dropped from
Rates typically drop after July 4th, but that wasn’t the case last week. Rates climbed higher than the June averages
Rates typically drop after July 4th, but that wasn’t the case last week, when national average rates rose 8¢ per