Market Conditions 11/8/2015-11/14/2015

This week's market presented us with an increase in spot loads, up more than 7% overall with a 4.5% decrease in truck availability most likely due to the November push and contracted freight. When taking all averages, reefer rates increased 1%, van rates increased 1% 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: $1.96/mi, Van: $1.74/mi, Flatbed: $1.98/mi. 

 

Refrigerated Freight 

 

The Heartland, South, California, Northwest and Mexican border regions of the U.S. are continuing to show an increase in freight volumes. Expect lower volume in the Northeast and Upper Midwestern regions in the weeks ahead. Wisconsin, Minnesota and Idaho have tight markets, shipping potatoes. Expect to see an increase in load volumes in the Northwest with trees shipping, and produce in the Carolinas, Georgia, and Florida. The Mexican border crossings are beginning to see more freight as well. The Texas Valley and southern AZ will continue to tighten up. California is beginning to ship higher volumes of citrus and mixed vegetables, and towards the end of this week we observed slightly higher freight rates.

 

The rates below are average direct from customer rates. The bold line is the origin, left column is the destination. The following two columns are weekly ranges from the previous week. The next two columns are this week's ranges and the final column on the right is the percent changes from last week to this week.

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-United States Department of Agriculture, Agricultural Marketing Service, Market News https://www.marketnews.usda.gov 11/14/15​​

 

Monday:

Friday:

-DAT Power Load to Truck Reefer Densities 11/14/15​​

 

-United States Department of Agriculture, Agricultural Marketing Service, Market News https://www.marketnews.usda.gov 11/14/15​​

 

Dry Freight

 

Load availability increased another 4.5% this week while truck availability decreased 2.8%. Please note in the map below that densities are significantly higher than last week at this same time. Price has seemed to plateau in the southeast and southern regions. Areas of the northeast have seen a slight increase in line haul rates and the Midwest has slightly increased. Regions of higher freight densities include the Illinois, western Kentucky, the Upper Midwest, Minnesota, Wisconsin, Upstate New York and the Northwest. 

​​

Monday:

Friday:

-DAT Power Load to Truck Van Densities 11/14/15​​

 

Flatbed Densities​​​​

 

Monday:​​​

Friday:

-DAT Power Load to Truck Flatbed Densities 11/14/15​​

 

 

Diesel Pricing

 

Diesel rose 1.7 cents bringing the national average price to $2.502 per gallon. This marks a $1.175 drop from the same week last year. ​

​​

-U.S. Energy Information Administration, Independent Statistics & Analysis http://www.eia.gov/petroleum/gasdiesel/ 11/14/15​​

 

National Truck Shipments​

​​​​​

-United States Department of Agriculture, Agricultural Marketing Service, Market News https://www.marketnews.usda.gov/mnp/ 11/14/15​​

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