Market improvements occurring at typical seasonal rates low point

03/13/2020

Spot truckload rates gained a penny or two last week and load-to-truck ratios inched higher, indicating more demand for capacity, said DAT Solutions, which operates the DAT load board network, though rates were still down from January averages.

Trend to watch: Southern produce Although average rates were lower on 37 of DAT’s top 72 reefer lanes, the national average reefer load-to-truck ratio rose slightly from 3.7 to 3.8. There’s been some improvement down South, where mild weather means produce harvests are starting, creating more demand for truckload services across all three equipment types.

Miami and Lakeland, Florida, are heating up as origin points for for reefer freight, as are Dallas and McAllen, Texas, and the Tucson market in Arizona. McAllen and Tucson are popular border crossings for imported produce from Mexico. Key reefer lanes last week:

Miami to Atlanta: $1.84 per mile, up 8 cents Lakeland to Charlotte: $1.65, up 7 cents Tucson to Los Angeles: $2.23, up 5 cents

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