Transportation​&Logistics

This week's market presented us with an increase in spot loads, up more than 7% overall with a 2% decrease in truck availability. When taking all averages, reefer rates decreased 1%, van rates remained unchanged and flatbed rates were unchanged compared to last week's rates. Taking an average of rate points from various metrics, we have found the national average rates to be the following: Reefer: $1.95/mi, Van: $1.73/mi, Flatbed: $1.98/mi. This is the first week of the "Nove

This week's market has once again shown an increase in load to truck demand in most markets. Load Availability increased 13.3% and Truck Availability increased 20.4%. When taking all averages, reefer rates dropped 1.7%, van rates dropped 1% and flatbed rates have increased 1.5% compared to last week's rates. Taking an average of rate points from various metrics, we have found the national average rates to be the following: Reefer: $2.05/mi, Van: $1.74/mi, Flatbed: $2.02/mi. R

This past week's market has demonstrated a 2% decrease in load availability across the board from the previous week with a 1.5% increase in load searches. Truck availability remained flat compared to last week with a 1.2% increase in truck searches. Reefer rates have increased 1.5%, van rates remain unchanged, and flatbed rates have decreased about 0.5%. Taking an average of rate points from various searches we have found the national average rates to be the following: Reefer

This past week's market has continued on the same streak since the start of August. More loads are available in all segments of the industry but more trucks are available as well. Freight rates on average have stayed steady on average nationally, while we see rates climb in certain markets where there is a spike in volume. Refrigerated Freight Michigan continues its produce push with load to truck densities of over 12:1 in the western parts of the state. Upstate New York is t

August's rebound with added shipping demand has continued to increase. To summarize the image below from DAT.com, Spot Market loads have increased another 2.9%. Our team has taken note of the increased load densities throughout major hubs in the United States last week and again this week. While DAT's Trendlines have shown a continuous drop in rates, we feel they have recently increased slightly but now have stabilized again. This may be due to the continued decreasing fuel

This week has confirmed the turnaround in the freight market. August's rebound with added shipping demand is in full swing. To summarize the image below from DAT.com, Spot Market loads have increased 3.8% while Spot Market Capacity has dropped 2.7%. Our team has taken note of the increased load densities throughout major hubs in the United States last week. This created a corresponding upward rate shift from the 365day lows seen in week's past. We expect this upward rate tren

Trends in the freight market have continued over the past seven weeks, with spot market rates staying relatively low. This was to be expected with the July slowdown. Smaller companies have felt the brunt of this market fluctuation due to higher operating costs and lower buying power. Just this past week we have observed a potential turnaround with volume and demand on its way back up, both in the reefer and dry freight sectors. Refrigerated Freight Refrigerated freight has le