Rates typically drop after July 4th, but that wasn’t the case last week, when national average rates rose 8¢ per mile for vans and 5¢ for reefers. Rates dropped back a bit this week, but they’re still higher than they were in June. It’s nice to finally get a raise!
Darker states represent have higher load-to-truck ratios, meaning that those states have higher demand for trucks
The focus is starting to shift to the north, but there are still plenty of loads available in the Southeast. Markets with rising rates include big cities like Chicago, Philadelphia, Atlanta, and Dallas. Outbound van rates started to decline in Los Angeles, Houston and Memphis, however.
Darker states represent have higher load-to-truck ratios, meaning that those states have higher demand for trucks
Reefer rates rose as a national average last week, but the highest-volume lanes lost some traction. This is still a transition period for produce, with the focus shifting to the north. Florida is getting quieter, and now Atlanta is starting to trend down, too. In the West, we’re seeing more volume out of Central California instead of the southern parts of the state. Also, reefer rates and volumes continue to decline in markets that share a border with Mexico, in Arizona and Texas.
Lane-by-lane rate information are available in DAT load boards. Rates are based on DAT RateView, with $28 billion in lane rates, updated daily, for 65,000 point-to-point lanes across North America.
