Market Conditions 1/1/2017-1/7/2017

This week's market maintained last week's elevated load to truck demand for van and reefer freight. Load availability decreased 2% and truck availability increased by 7%. When taking all averages, reefer rates decreased 2.5%, van rates decreased by 1%, and flatbed rates went up 0.5%. Taking an average of rate points from various metrics, we have found the national average rates to be the following: Reefer: $2.09/mi, Van: $1.78/mi, Flatbed: $1.94/mi.

 

Refrigerated Freight  

 

The reefer market's high demand for trucks continued again this week. The entire country with the exception of California, the Northwest and Florida had a shortage of trucks. The Buffalo and Rochester markets continue to have the densest load to truck ratios in the Northeast, shipping various foods and dairy. California's outbound rates have come down slightly and Florida's rates have dropped to almost half of the previous week. 

 

The Mexican border crossings have started and will continue with elevated load volumes. There was very little truck availability around Nogales, AZ and McAllen/ Laredo, TX this week. Central and south Florida will continue to increase the volumes of squash, cucumbers, eggplant, peppers, green beans and melons have just started shipping as well.

 

Monday: 

 

Friday:

-DAT Power Load to Truck Reefer Densities 1/7/17

 

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 1/7/17

 

-United States Department of Agriculture, Agricultural Marketing Service, Market News https://www.marketnews.usda.gov 1/7/17

 

Dry Freight

 

On a national average, load availability decreased by 3%, truck postings increased 5%. Similar to the reefer market, the van market was tight for the entire continental United States with the exception of California, the Northwest and Florida again this week.  

​​

Monday:

 

Friday:

-DAT Power Load to Truck Van Densities 1/7/17

 

Flatbed Densities​​​​

 

Monday:​​​

 

Friday:

-DAT Power Load to Truck Flatbed Densities 1/7/17

 

Diesel Pricing

 

Fuel prices increased by 4.6 cents, bringing the national average price to $2.586 per gallon. This marks a $0.375 increase from the same week last year.

 

-U.S. Energy Information Administration, Independent Statistics & Analysis http://www.eia.gov/petroleum/gasdiesel 1/7/17

 

National Truck Shipments​

 

-United States Department of Agriculture, Agricultural Marketing Service, Market News https://www.marketnews.usda.gov/mnp/ 1/7/17

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