Tuesday, January 23, 2018

Rates up last week despite falling volumes from hurricane


Wednesday, October 12, 2016
by The Trucker News Services

Hurricane Matthew may have influenced rates, says DAT Trends. (The Trucker file photo)
Hurricane Matthew may have influenced rates, says DAT Trends. (The Trucker file photo)

 

According to DAT, rates were up last week, but volumes were down, very likely contributed to Hurricane Matthew, reports DAT Trends.

Shippers were paying more to move loads ahead of the storm, and then locking everything down at the end of the week.

Van rates gained 6 cents per mile as a national average, while reefer rates added 1 cent and flatbed rates increased 4 cents.

Video Sponsors