Market Conditions 11/15/2015-11/21/2015

This week's market presented us with an increase in spot loads, up 6.5% overall with a 2% increase in truck availability. 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: $1.98/mi, Van: $1.76/mi, Flatbed: $1.98/mi.

Refrigerated Freight

The Heartland, South/Southeast, 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 crossing's produce volumes are up significantly 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.

Expect to see California loosen drastically after Thanksgiving. We anticipate WA, OR, AZ, TX, GA and Florida to continue to tighten.

The rates below are average direct from customer rates. Given the Thanksgiving holiday push has caused rates to jump in all regions with higher volumes. 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.

-United States Department of Agriculture, Agricultural Marketing Service, Market News https://www.marketnews.usda.gov 11/21/15

Monday:

Friday:

-DAT Power Load to Truck Reefer Densities 11/21/15

-United States Department of Agriculture, Agricultural Marketing Service, Market News https://www.marketnews.usda.gov 11/21/15

Dry Freight

Load availability increased another 1.5% this week while truck availability dropped 2%. Please note in the map below that densities are significantly higher than last week at this same time. Price has seemed to jump in the southeast and southern regions of the U.S. Areas of the northeast have continued to see a slight increase in line haul rates and the Midwest has slightly decreased. Regions of higher freight densities include Illinois, western Kentucky and surrounding state borders, Minnesota, Wisconsin, Southeast, California and the Northwest.

Monday: