Philadelphia to Memphis Freight Rates

Current spot rates, 7-day forecast, and carrier capacity for dry van freight on the PhiladelphiaMemphis corridor. Updated daily.

Capacity: Moderate

Current Spot Rate

$1.92/mi

Dry van (DAT-indexed)

Market Average

$1.88/mi

30-day corridor avg

7-Day Forecast

▲ +3.5% (rates rising)

medium confidence

Rate Forecast

▲ +3.5% (rates rising)

August typically sees increased freight demand as summer peaks before fall slowdown, with strong regional manufacturing in both markets supporting rate stability. Mid-week capacity tightens on northbound return loads from Memphis, supporting modest upward pressure.

Carrier Capacity

🟡 Moderate

Philadelphia-Memphis is a well-established lane with adequate carrier supply, though southbound equipment positioning creates mild tightness on outbound moves from Philadelphia.

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