Market Conditions 1/24/2016-1/30/2016

This week's market presented us with a continued decrease, but slower decrease in spot market loads. Collectively, spot market loads dropped 2% with a 1% increase in truck availability. When taking all averages, reefer rates remained flat, van rates also decreased 1.5% and flatbed rates decreased 1% 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: $1.72/mi, Flatbed: $1.91/mi.

As seen below, densities overall have dropped nation-wide. Densities were higher at the beginning of the week on the east coast due to the storm and again yesterday (Friday) for primarily dry box freight due to the end of the month shipments. Watch for poor weather conditions that cause rates to rise in all regions of the United States during any significant storm.

Refrigerated Freight

The Heartland, South/Southeast, and Mexican border regions of the U.S. have higher but manageable freight volumes. Expect continued lower volumes in the Northeastern and Northwestern regions in the weeks ahead. Wisconsin, Minnesota and Idaho have tighter markets, shipping potatoes and meats, and Arkansas is shipping higher volumes of chicken. Expect to see a continued increase in load volumes in Florida with cabbage and mixed greens becoming available. This has been delayed due to the high amounts of rain and wind to the area. The Mexican border crossing's produce volumes have decreased for the time being but are expected to turn in the weeks ahead. California is flat with one-to-one or less 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.​

-United States Department of Agriculture, Agricultural Marketing Service, Market News 1/30/16



-DAT Power Load to Truck Reefer Densities 1/30/16

-United States Department of Agriculture, Agricultural Marketing Service, Market News 1/30/16

Dry Freight

Load availability decreased 3% on a national average this week while truck availability remained flat. Price has dropped in most regions of the U.S. Regions of higher freight densities include Illinois, Indiana, Minnesota, Wisconsin, Arkansas, and Alabama, and the Texas Valley.




-DAT Power Load to Truck Van Densities 1/30/16

Flatbed Densities​​​​



-DAT Power Load to Truck Flatbed Densities 1/30/16

Diesel Pricing

Diesel dropped 4.1 cents, bringing the national average price to $2.071 per gallon. This marks a $0.795 drop from the same week last year. ​​

-U.S. Energy Information Administration, Independent Statistics & Analysis 1/30/16

National Truck Shipments​

-United States Department of Agriculture, Agricultural Marketing Service, Market News 1/30/16

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