Market Conditions 3/13/2016-3/19/2016

This week's market presented us with another increase of available loads. Collectively, spot market loads increased 4% with a 1% decrease in truck availability. When taking all averages, reefer rates increased 1% while van and flatbed rates stayed flat 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: $1.84/mi, Van: $1.60/mi, Flatbed: $1.89/mi.

 

As seen below, densities overall have increased again this week for all three equipment types. We anticipate the Mexican border hubs to continue their higher freight volumes. Production and shipping is back on the rise for flatbed and van freight especially in the South and Midwest.

 

Refrigerated Freight 

 

Southern California, the Nogales, AZ market, McAllen/Laredo, TX Market, and Central/South Florida region continued with high truckload volumes this week. Georgia and South Carolina has seen an increase in freight volumes this week with mixed greens becoming available. The Heartland, South, and Midwest regions of the U.S. have higher but still manageable freight volumes again this week. Wisconsin, Minnesota, the Dakotas, and Idaho have continued to slowly loosen up, shipping potatoes, onions and various meats. Arkansas, southern Missouri, and southern Illinois are shipping chicken.

 

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 https://www.marketnews.usda.gov 3/19/16

 

Monday:

 

 Friday:

-DAT Power Load to Truck Reefer Densities 3/19/16

-United States Department of Agriculture, Agricultural Marketing Service, Market News https://www.marketnews.usda.gov 3/19/16

 

 

Dry Freight

 

Load availability increased 2% on a national average this week while truck availability held steady. Spot rates have increased in most regions of the United States. Regions of higher freight densities include Tennessee, Arkansas, Mississippi, Alabama, Georgia, The Carolinas and the Texas Valley. 

​​

Monday:

 

  Friday:

-DAT Power Load to Truck Van Densities 3/19/16

 

 

Flatbed Densities​​​​

 

Monday:​​​

 

Friday:

 -DAT Power Load to Truck Flatbed Densities 3/19/16

 

 

Diesel Pricing

 

Diesel rose 3.2 cents this week, bringing the national average price to $2.021 per gallon. This marks a $0.923 drop from the same week last year.

 -U.S. Energy Information Administration, Independent Statistics & Analysis http://www.eia.gov/petroleum/gasdiesel/ 3/19/16

 

National Truck Shipments​

-United States Department of Agriculture, Agricultural Marketing Service, Market News https://www.marketnews.usda.gov/mnp/ 3/19/16

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