Market Conditions 5/1/2016-5/7/2016

This week's market presented us with another increase of available loads. Collectively, spot market loads increased 3% with a 1% decrease in truck availability. When taking all averages, reefer rates increased by 0.5%, van rates increased by 0.5%, and flatbed rates increased 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: $1.87/mi, Van: $1.59/mi, Flatbed: $1.92/mi.

Load densities on a national average rose again this week for all three equipment types. We anticipate the Mexican border hubs to continue shipping higher freight volumes. Production and shipping continues to be on the rise for all three equipment types especially in the South, Southeast, and Midwest.

Refrigerated Freight

The following markets continue to have higher truckload volumes this week: California, the border crossing in AZ/TX Valley, Georgia, and Florida. Florida and Georgia volumes loosened slightly this week coming back to more manageable densities. This was partly due to the heavy rains the region experienced midweek. We predict that the high volume will continue next week with melons, mixed vegetables, corn, and blueberries being harvested. Alabama and South Carolina averaged moderate volumes this week shipping mixed greens and carrots. The Heartland, South, and Midwest regions of the U.S. have elevated but still manageable freight volumes. Wisconsin, Minnesota, the Dakotas, and Idaho are loose, shipping potatoes, onions and various meats. Arkansas, southern Missouri, and southern Illinois are shipping chicken.

Monday:

Friday:

-DAT Power Load to Truck Reefer Densities 5/7/16

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 5/7/16

-United States Department of Agriculture, Agricultural Marketing Service, Market News https://www.marketnews.usda.gov 5/7/16

Dry Freight

Load availability increased on a national average this week while truck availability decreased 3%. Spot rates have fluctuated where there are higher and lower extremes depending on density of the region. Regions of higher freight densities include Tennessee, Arkansas, Mississippi, Alabama, Georgia, the Carolinas, and Florida. Florida and Georgia are shipping overflow melons and onions on vented vans in order to ship the required orders.

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Monday:

Friday:

-DAT Power Load to Truck Van Densities 5/7/16

Flatbed Densities​​​​

Monday:​​​

Friday:

-DAT Power Load to Truck Flatbed Densities 5/7/16

Diesel Pricing

Diesel prices increased 6.8 cents this week, bringing the national average price to $2.266 per gallon. This marks a $0.588 drop from the same week last year.

-U.S. Energy Information Administration, Independent Statistics & Analysis http://www.eia.gov/petroleum/gasdiesel 5/7/16

National Truck Shipments​

-United States Department of Agriculture, Agricultural Marketing Service, Market News https://www.marketnews.usda.gov/mnp/ 5/7/16

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