April is in the rearview, and so is a recent trend of falling spot market rates. May got off to a hot start, boosted by higher truckload volumes across a wide swath of the country last week, with the highest demand on lanes heading into the Northeast.

Produce season is also kicking into high gear in many reefer markets, which affects dry van freight. When reefer load counts are low, those trucks will sometimes haul van loads. So when reefer demand is high, there's less competition for van loads, which in turn pushes van rates higher.

van429.png

Los Angeles moved up to number 1 for van load counts, followed by Dallas at number 2, so not all the gains in volumes were about the Northeast. Retail freight is also rebounding after a lull, which we can see in the higher rates on the lane from Memphis to Columbus, OH, and others that are heavily influenced by retail shipments.

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

Rising

  • Memphis to Columbus up 19¢ to $2.76/mile
  • Atlanta to Columbus up 17¢ to $2.14/mile – rates fell that amount on the opposite direction, though
  • Atlanta to Philadelphia up 14¢ at $2.95/mile
  • Charlotte to Buffalo up 17¢ to $2.94/mile

Falling

  • Philadelphia to Boston down 17¢ to $3.81/mile
  • Seattle to Spokane down 15¢ at $2.93/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.

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About Matt Sullivan

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

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