Market Conditions 9/4/2016-9/10/2016

This week's market presented us with a slight decrease in load to truck demand. Collectively, spot market loads decreased 1.5% while truck availability increased 3% compared to last week. When taking all averages, reefer rates stayed flat, van rates increased by 0.5%, and flatbed rates decreased by 0.5%. Taking an average of rate points from various metrics, we have found the national average rates to be the following: Reefer: $1.99/mi, Van: $1.67/mi, Flatbed: $1.90/mi.

 

Rates have remained stable in the Southern and Southeastern regions of the U.S. while rates have held for a second week in the Northeast, Midwest, Heartland, and Northwest.  

 

Refrigerated Freight 

 

The following states had the highest truckload volumes this past week: Washington, Oregon, Idaho, Illinois, Wisconsin, Minnesota, Indiana, Michigan, Maryland, Delaware, New Jersey, and California has tightened up.  

 

The recent elevated freight volumes held steady with melons, mixed vegetables, peppers, and pumpkins being harvested. Michigan peppers, cucumbers, squash, and apples are shipping with blueberries finishing up. Delaware and New Jersey are shipping corn and melons. Washington, Oregon, and Idaho are shipping Apples, potatoes and onions. Arkansas, southern Missouri, and Illinois are shipping chicken and mixed produce. The pumpkin harvest has begun in Colorado and isolated areas of the Midwest. Produce will continue to ship out of these regions through the end of September and early October. 

 

Monday: 

 

Friday:

-DAT Power Load to Truck Reefer Densities 9/10/16

 

 

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 9/10/16

 

-United States Department of Agriculture, Agricultural Marketing Service, Market News https://www.marketnews.usda.gov 9/10/16

 

 

Dry Freight

 

On a national average, load availability decreased 3% this week while truck availability increased 5%. States with higher freight densities include the Northwest, Arkansas, Missouri, Illinois, Wisconsin, Minnesota, Indiana, Ohio, Tennessee, Virginia, Pennsylvania, and New Jersey.  

​​

Monday:

 

Friday:

-DAT Power Load to Truck Van Densities 9/10/16

 

 

Flatbed Densities​​​​

 

Monday:​​​

 

Friday:

-DAT Power Load to Truck Flatbed Densities 9/10/16

 

 

Diesel Pricing

 

Fuel prices broke their climb, down slightly (0.2 cents) this week, bringing the national average price to $2.407 per gallon. This marks a $0.127 drop from the same week last year.

 

-U.S. Energy Information Administration, Independent Statistics & Analysis http://www.eia.gov/petroleum/gasdiesel 9/10/16

 

 

National Truck Shipments​

 

-United States Department of Agriculture, Agricultural Marketing Service, Market News https://www.marketnews.usda.gov/mnp/ 9/10/16

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