Last week there was a rebound in van freight volumes — up about 8% — as stores continue to move back-to-school groceries and other merchandise before the Labor Day holiday weekend. Van rates have been dropping at a steady pace all month, but last week the decline slowed, moving just 1¢ lower, to a national average of $2.15/mile. We've now moved from a slight slump to seasonal norms.

Rates continue to build strength in the Midwest and West, while Texas and the Southeast region have been slipping. On the top 100 van lanes last week, 45 lanes were up, 46 declined, and 9 were neutral.

van819.png

Rising Rates

All rates below include fuel surcharges and are based on real transactions between brokers and carriers. 

Rates out of Denver took the biggest jump last week, followed by Columbus, Ohio. In the past month, Buffalo and Seattle have been gaining strength, too. 

  • Columbus to Buffalo rates rocketed up 23¢ to $3.86/mile
  • Chicago to Allentown, PA rose 15¢ to $3.04/mile 
  • Denver to Phoenix increased 18¢ to $1.29/mile
  • Seattle to Spokane added 15¢ to $3.67/mile

Falling Rates

On other lanes, rates are still high but are they're easing off.  

  • Seattle to Eugene pulled back 14¢, to $2.96/mile
  • Philadelphia to Boston also fell 14¢, to a solid $4.00/mile
  • Buffalo to Allentown lost 13¢ to $3.40/mile

Freightliner’s Team Run Smart is partnering with DAT to offer a special on the TruckersEdge load boardto its members. Sign up for TruckersEdge today and get your first 30 days free by signing up at www.truckersedge.net/promo717 or entering “promo717” during sign up
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About TruckersEdge®, powered by DAT®

TruckersEdge® Load Board is part of the trusted DAT® Load Board Network. DAT offers more than 68 million live loads and trucks per year. Tens of thousands of loads per day are found first or exclusively on the DAT Network through TruckersEdge.

This article was originally featured on DAT.com.

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About Pat Pitz

Pat Pitz is the editor of the DAT Solutions freight broker newsletter. He has nearly 20 years experience as a professional writer and editor. Before joining DAT, he spent 8 years at a Portland advertising and public relations agency, where he wrote newsletters and other content for a variety of high-profile clients, including several in the trucking industry.

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