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Market Conditions 8/14/2016-8/20/2016

This week's market presented us with a decrease in load to truck demand on a national scale. Collectively, spot market loads decreased 2% while truck availability remained relatively flat compared to last week. When taking all averages, reefer rates decreased by 1%, van rates decreased by 0.5%, while flatbed rates remained steady. 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: $1.66/mi, Flatbed: $1.91/mi.

Rates continue to drop in the Southern and Southeastern regions on the U.S. while rates increased and now are holding steady in the Northeast and Midwest. The Northeast and upper Midwest regions are shipping higher than normal volumes of freight helping to keep the national average steady.

Refrigerated Freight

The following states had the highest truckload volumes this past week: Arkansas, Missouri, Illinois, Wisconsin, Minnesota, Indiana, Michigan, Kentucky, Tennessee, Maryland, Delaware, New Jersey, and Maine. Georgia, Alabama, and South Carolina are slowing down as the fresh produce shifts northward.

Higher freight volumes have transitioned further north with melons, mixed vegetables, corn, and berries being harvested. Michigan blueberries, peppers, and cucumbers are shipping in volumes. Delaware and New Jersey are shipping their corn and blueberry crops. Arkansas, southern Missouri, and Illinois are shipping chicken and mixed produce. Produce will continue to progress further north in the upcoming weeks as we continue through the summer months. Expect apples to begin shipping in the next few weeks out of Michigan and New York.



-DAT Power Load to Truck Reefer Densities 8/20/16

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 8/20/16

-United States Department of Agriculture, Agricultural Marketing Service, Market News 8/20/16

Dry Freight

Load availability remained relatively flat on a national average again this week while truck availability increased slightly towards the end of the week. States with higher freight densities include Arkansas, Missouri, Illinois, Wisconsin, Indiana, Ohio, Tennessee, Alabama, Virginia and the Carolinas.




-DAT Power Load to Truck Van Densities 8/20/16

Flatbed Densities​​​​



-DAT Power Load to Truck Flatbed Densities 8/20/16

Diesel Pricing

Fuel prices dropped 0.6 cents this week, bringing the national average price to $2.310 per gallon. This marks a $0.305 drop from the same week last year.

-U.S. Energy Information Administration, Independent Statistics & Analysis 8/20/16

National Truck Shipments​

-United States Department of Agriculture, Agricultural Marketing Service, Market News 8/20/16

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