Market Conditions 10/30/2016-11/5/2016

This week's market has shown another increase in load to truck demand in most markets. Load availability increased 2% and truck availability decreased by 1%. When taking all averages, reefer rates increased 0.5%, van and flatbed rates held steady. Taking an average of rate points from various metrics, we have found the national average rates to be the following: Reefer: $1.95/mi, Van: $1.67/mi, Flatbed: $1.92/mi.

Refrigerated Freight

The Upper Midwest and Northwest regions of the U.S. are nearing the end of the season with freight volumes continuing to decrease. Upstate New York is still shipping apples and cabbage. The Buffalo and Rochester markets have the densest load to truck ratios in the region. Eastern North Carolina is shipping sweet potatoes. Wisconsin, Minnesota, North Dakota, and South Dakota have tighter markets, shipping potatoes and meat. Washington state's load volume is down from weeks past. California's outbound rates are showing signs of a slow increase due to slightly higher truckload volumes beginning to ship out. Melons, stone fruit, grapes and mixed vegetables are all shipping out of California.

Look for melons and avocados to begin shipping over the border in TX and AZ this upcoming weeks. The south and Southeast will continue to increase the volumes of squash, cucumbers, eggplant, peppers, green beans, and onions moving out. Georgia and central/northern Florida have started shipping light volumes of produce.

Monday:

Friday:

-DAT Power Load to Truck Reefer Densities 11/5/16

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 11/5/16

Dry Freight

On a national average, load availability increased by 4%, truck postings increased 3%. Regions and states with higher freight densities include the Northwest, California, The Upper Plains and Heartland, Arkansas, Missouri, Illinois, Indiana, Ohio, Michigan, and the Carolinas.

Monday:

Friday:

-DAT Power Load to Truck Van Densities 11/5/16

Flatbed Densities

Monday:

Friday:

-DAT Power Load to Truck Flatbed Densities 11/5/16

Diesel Pricing

Fuel prices increased by one tenth of a cent, bringing the national average price to $2.479 per gallon. This marks a $0.006 drop from the same week last year.