Southeastern flatbed demand softens amid housing lull adminBlog No Comment 12Dec Share Southeastern flatbed demand softens amid housing lull , spot rates from New Orleans to Midland and Shreveport to Midland, the lanes connecting the Haynesville shale play to the Permian Basin, are also up over November averages. Still, we see downward pressure on rates as flatbed spot prices continue to drag contract rates down. For intraregional moves in DAT’s Southeast region, flatbed spot rates are 48 cents below thirty-day averages for contract rates ($2.83/mile); in the South Central, which includes Oklahoma, Texas, and Arkansas, contract rates for intraregional moves are at $2.48/mile net of fuel, 34 cents above spot. “Currently rates are down and demand is down as well,” Nathan Frazier, Director of National Accounts at LYNC Logistics, told us by phone. “The market, in general, is down on flatbed.” Frazier said that flatbed rates have dropped 12-15% in the past month, which he attributed to a return to normal seasonality.“Going into this time last year, customers were freaking out because of the ELD mandate. Asa Shirley, VP of Sales at Arrive Logistics, told us that flatbed rates inflated with the other equipment types over the past year and a half and are not really coming back down.“I feel like a lot of the flatbed carriers are trying to stay close to $2.30 or $2.50 a mile,” Shirley said. Source:https://www.freightwaves.com/ 15% OFF Packages above Basic. Your Name (required) Your Email (required) Your Phone (required) 73364 Previous Borderless Coverage and Freight Broking: What’s the Connection and How to Get Started with Borderless December 10, 2018 Next Managing Peak Seasons as a Freight Broker: Tips and Strategies for Success December 17, 2018 Leave a Reply Cancel replyYou must be logged in to post a comment. You Might Also Like 12Aug How to Become Freight Broker in CA admin No Comment 12Aug The Benefits of Using a Digital Freight Broker: Expert Insights and Advice for Success admin No Comment 12Aug How to Become a Freight Broker in Alabama admin 1 Comment 12Aug How to Become a Freight Broker in Arkansas admin 2 Comments 12Aug How to Select a Freight Broker: Top 8 Factors Shippers Should Consider admin No Comment 12Aug How to Become a Freight Broker in Arizona admin 2 Comments
