It's looking more and more like you won't have to sweat much of a summer slowdown this year. This would typically be a down time for freight, and while rates in July and August are lower than they were in June, they're still 25 to 30% higher than last year.

That steady decline from the June peak might be ending soon, though. Van volumes rose in key places like Atlanta, Los Angeles and Houston, which kept outbound rates stable and could be an early sign that prices are turning a corner.

van-729.png

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

Rising Rates

Buffalo and Seattle made big gains last week, with rates up 6% and 4% respectively. On a lane-by-lane basis, all the big increases were on trips in and out of Buffalo.

  • Chicago to Buffalo surged 33¢ to an average of $3.33/mile
  • Buffalo to Chicago also added 15¢ at an even $2/mile
  • Philadelphia to Buffalo jumped up to $2.96/mile
  • Buffalo to Charlotte gained 27¢ to $2.56/mile

Falling Rates

Outbound rates were down quite a bit from MemphisDallas and Charlotte

  • Memphis to Dallas lost 21¢ at $2.69/mile
  • Memphis to Chicago fell 15¢ to $2.56/mile
  • Not all lanes into Buffalo were up: Rates to there from Columbus fell 17¢ but still averaged $3.54/mile
  • Atlanta to Chicago also lost 16¢ at $1.85/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
* This offer is available to new TruckersEdge subscribers only

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.

Read These Next...

BUSINESS Smart

BUSINESS Smart

Facebook

October 18, 2018

BUSINESS Smart

Comment ()


This blog post does not have any comments. Be the first!

SUBSCRIBE

Sign up to get the latest trucking tips and tricks!

ADD ME

Ask a question

ASK A QUESTION

Post a question to our forum and a Pro will answer as well as our community members!

GO TO THE BUSINESS Smart FORUM

Keep Reading BUSINESS Smart Articles

BUSINESS Smart

BUSINESS Smart

Facebook

October 18, 2018

BUSINESS Smart

BUSINESS Smart

To Book, or Not to Book?

October 14, 2018

BUSINESS Smart

Don’t Scoff

October 12, 2018

About Matt Sullivan

Matt Sullivan is the editor of DAT Carrier News. He has more than 10 years of journalism experience.

View Full Bio and All Posts by Matt Sullivan