Market Conditions 9/18/2016-9/24/2016

This week's market has shown a decrease in load to truck demand. Load availability decreased 5% and truck availability increased 4%. When taking all averages, reefer rates dropped 1.5%, van rates decreased 1%, and flatbed rates remained flat. 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: $1.65/mi, Flatbed: $1.89/mi.

 

Refrigerated Freight 

 

The Upper Midwest and Northwest regions of the U.S. are shipping high volumes of produce. Upstate New York is shipping apples and is tight with local cabbage, cucumbers and beans. The Buffalo and Rochester markets have the densest load to truck rations in the region. Eastern North Carolina is shipping sweet potatoes. Wisconsin and Minnesota have tight markets, shipping potatoes. Washington state has remained tight this week with apples, potatoes and onions in full swing.

 

Fall ornamentals are moving out of Colorado and the Midwest. California has seen an uptick in volume but rates to the east coast still remain low. Melons, stone fruit, grapes and mixed vegetables are all shipping out of California. The Upper Midwest markets are expected to remain tight. Washington, Oregon, and Idaho have become extremely tight with load densities in certain markets of over 20 loads for each available truck. Look for melons and avocados to being shipping over the border in TX and AZ this upcoming weeks. 

 

Monday: 

 

Friday:

-DAT Power Load to Truck Reefer Densities 9/24/16

 

 

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 9/24/16

-United States Department of Agriculture, Agricultural Marketing Service, Market News https://www.marketnews.usda.gov 9/24/16

 

 

Dry Freight

 

On a national average, load availability decreased 3% this week while truck availability stayed flat. Regions and states with higher freight densities include the Northwest, California, Arkansas, Missouri, Illinois, Wisconsin, Minnesota, Indiana, Ohio, Tennessee, and Virginia.  

​​

Monday:

 

Friday:

-DAT Power Load to Truck Van Densities 9/24/16

 

 

Flatbed Densities​​​​

 

Monday:​​​

 

Friday:

-DAT Power Load to Truck Flatbed Densities 9/24/16

 

 

Diesel Pricing

 

Fuel prices dropped 1 cent bringing the national average price to $2.389 per gallon. This marks a $0.104 drop from the same week last year.

 

-U.S. Energy Information Administration, Independent Statistics & Analysis http://www.eia.gov/petroleum/gasdiesel 9/24/16

 

 

National Truck Shipments​

 

-United States Department of Agriculture, Agricultural Marketing Service, Market News https://www.marketnews.usda.gov/mnp/ 9/24/16

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