Market Conditions 3/20/2016-3/26/2016

This week's market presented us with a slight increase of available loads. Collectively, spot market loads increased 1% with a 2% increase in truck availability. When taking all averages, reefer and flatbed rates increased slightly while van rates remained 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: $1.85/mi, Van: $1.60/mi, Flatbed: $1.90/mi.

 

Densities overall have increased again this week for all three equipment types. Load to truck ratios dropped significantly on Thursday and Friday in the northeast and upper Midwest though due to Good Friday and the Easter holiday push ending. We anticipate the Mexican border hubs to continue shipping 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 additional 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.

 

Monday:

 

 Friday:

-DAT Power Load to Truck Reefer Densities 3/26/16

 

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 3/26/16

-United States Department of Agriculture, Agricultural Marketing Service, Market News https://www.marketnews.usda.gov 3/26/16

 

 

Dry Freight

 

Load availability decreased 2% on a national average this week while truck availability increased 3%. Spot rates have held steady in most regions of the United States nearing the end of the Easter push. 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 3/26/16

 

 

Flatbed Densities​​​​

 

Monday:​​​

 

Friday:

 -DAT Power Load to Truck Flatbed Densities 3/26/16

 

 

Diesel Pricing

 

Diesel prices increased 2.0 cents this week, bringing the national average price to $2.119 per gallon. This marks a $0.745 drop from the same week last year.

 -U.S. Energy Information Administration, Independent Statistics & Analysis http://www.eia.gov/petroleum/gasdiesel/ 3/26/16

 

 

National Truck Shipments​

-United States Department of Agriculture, Agricultural Marketing Service, Market News https://www.marketnews.usda.gov/mnp/ 3/26/16

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