Market Conditions 12/4/2016-12/10/2016

This week's market has shown a decrease in load to truck demand. Load availability decreased 4% and truck availability increased by 2%. When taking all averages, reefer rates decreased 1.5%, van rates decreased by 1%, and flatbed rates decreased 0.5%. Taking an average of rate points from various metrics, we have found the national average rates to be the following: Reefer: $2.00/mi, Van: $1.73/mi, Flatbed: $1.91/mi.

 

Refrigerated Freight  

 

The reefer market tapered off significantly from last week. This first week of December tends to be a little slower than the rest. The Northwest, Colorado, Kansas, Arkansas, the Dakotas, Nebraska, Wisconsin, and the Carolinas are all regions that had a shortage of trucks. The Buffalo and Rochester markets have the densest load to truck ratios in the North East, shipping apples and dairy. Be advised that lake effect snow can cause the area to shut down this time of year. The Carolinas are shipping sweet potatoes, and Christmas Trees. Wisconsin, Minnesota, North Dakota, and South Dakota have tighter markets, shipping potatoes and meat. California's outbound rates have declined of a lower demand again this week. Melons, stone fruit, grapes and mixed vegetables are all shipping out of California.

 

We anticipate the Christmas push to begin next week (week of December 12th) and with the anticipated volume increase we expect rates to follow. 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 continue shipping moderate volumes of produce.

 

Monday: 

 

Friday:

-DAT Power Load to Truck Reefer Densities 12/10/16

 

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 12/10/16

 

-United States Department of Agriculture, Agricultural Marketing Service, Market News https://www.marketnews.usda.gov 12/10/16

 

Dry Freight

 

On a national average, load availability decreased by 3%, truck postings increased 2%. Regions and states with higher freight densities include the Northwest, The Upper Plains and Heartland, Arkansas, Missouri, Illinois, Indiana, Ohio, Michigan, the Carolinas, and Gulf Coast. 

​​

Monday:

 

Friday:

-DAT Power Load to Truck Van Densities 12/10/16

 

Flatbed Densities​​​​

 

Monday:​​​

 

Friday:

-DAT Power Load to Truck Flatbed Densities 12/10/16

 

Diesel Pricing

 

Fuel prices increased by six cents, bringing the national average price to $2.480 per gallon. This marks a $0.101 increase from the same week last year.

 

-U.S. Energy Information Administration, Independent Statistics & Analysis http://www.eia.gov/petroleum/gasdiesel 12/10/16

 

National Truck Shipments​

 

-United States Department of Agriculture, Agricultural Marketing Service, Market News https://www.marketnews.usda.gov/mnp/ 12/10/16

Please reload

Featured Posts

Market Conditions 11/15/2015-11/21/2015

November 21, 2015

1/10
Please reload

Recent Posts

November 12, 2017

Please reload

Archive
Please reload

Search By Tags
Follow Us
  • Facebook Basic Square
contact us

Contact us for more information.

Areas We Cover

With our HQ based in Fort Myers, FL we cover the entire 48 contiguous United States, specializing in:

Seattle

 

Los Angeles

 

Phoenix

Dallas

 

Kansas City

Chicago

Atlanta

Miami

 

Philadelphia

 

Boston

  • w-facebook
  • Twitter Clean
  • google+

​© 2020 by Frost Brook Transportation, Inc.