Market Conditions 11/29/2015-12/5/2015

This week's market presented us with an increase in spot loads, up 15% overall with a 7% increase in truck availability. This large fluctuation is due to Thanksgiving being last week. When taking all averages, reefer rates increased another 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: $1.94/mi.

As seen below, densities dropped off towards the end of this week in most regions while rates stayed up. We anticipate rates to continue to climb through the holiday season.

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. For those of you booking trucks, plan on booking ahead of time as trucks become very scarce by midday. Expect to see an increase in load volumes 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 back to flat with one-to-one loads to truck volumes shipping citrus and mixed vegetables.

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 11/21/15​​

Monday:

Friday:

-DAT Power Load to Truck Reefer Densities 12/5/15​​​​

-United States Department of Agriculture, Agricultural Marketing Service, Market News https://www.marketnews.usda.gov 12/5/15​​​​

Dry Freight

Load availability increased 1.5% this week while truck availability dropped 2%. Price has jumped in most regions of the U.S. Areas of the Midwest are the only areas of slight decreased. Regions of higher freight densities include Illinois, western Kentucky and surrounding state borders, Minnesota, Wisconsin, Southeast, Southwest and the Northwest.

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Monday:

Friday:

-DAT Power Load to Truck Van Densities 12/5/15​​​​

Flatbed Densities​​​​

Monday:​​​

Friday:

-DAT Power Load to Truck Flatbed Densities 12/5/15​​​​

Diesel Pricing

Diesel dropped 2.4 cents bringing the national average price to $2.421 per gallon. This marks a $1.184 drop from the same week last year. ​​

-U.S. Energy Information Administration, Independent Statistics & Analysis http://www.eia.gov/petroleum/gasdiesel/ 12/5/15​​​​

National Truck Shipments​

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-United States Department of Agriculture, Agricultural Marketing Service, Market News https://www.marketnews.usda.gov/mnp/ 12/5/15​​​​

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