Market Conditions 1/29/2017-2/4/2017

This week's market continued with the decrease in load to truck demand on a national average. Load availability decreased 1% and truck availability increased by 3%. When taking all averages, reefer rates decreased 0.5%, van rates decreased by 1%, 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: $1.99/mi, Van: $1.71/mi, Flatbed: $1.92/mi.

 

Refrigerated Freight  

 

The reefer market remained slow this week with the declining trend in demand for trucks and decreased volumes. The Northwest and Southwest had lighter volumes again and plentiful amounts of available equipment. Florida's produce season has officially commenced with a higher demand for trucks during the end of the week. In the Northeast, the Buffalo and Rochester markets continue to have the densest load to truck ratios, shipping various foods and dairy. The Heartland, Texas, and parts of the Midwest have continued with the higher load to truck ratios. The winter weather system made it very difficult for equipment to move in the Northwest causing many shipments to be delayed. 

 

The Mexican border crossings were not as busy this week. Nogales, AZ had a truck surplus while McAllen/ Laredo, TX maintained a higher volume with a slight shortage of trucks. Central and south Florida will continue to increase the volumes of squash, cucumbers, eggplant, peppers, green beans and melons.

 

Monday: 

 

Friday:

-DAT Power Load to Truck Reefer Densities 2/4/17

 

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 2/4/17

 

-United States Department of Agriculture, Agricultural Marketing Service, Market News https://www.marketnews.usda.gov 2/4/17

 

Dry Freight

 

On a national average, load availability decreased by 4% and truck postings increased by 2%. Similar to the reefer market, the van market in the Heartland, Texas, and parts of the Midwest have the highest load to truck densities and therefore, the highest outbound rates.

​​

Monday:

 

Friday:

-DAT Power Load to Truck Van Densities 2/4/17

 

Flatbed Densities​​​​

 

Monday:​​​

 

Friday:

-DAT Power Load to Truck Flatbed Densities 2/4/17

 

Diesel Pricing

 

Diesel dropped 0.7 cents, bringing the national average price to $2.562 per gallon. This marks a 53.1 cent increase from the same week last year.

 

-U.S. Energy Information Administration, Independent Statistics & Analysis http://www.eia.gov/petroleum/gasdiesel 2/4/17

 

National Truck Shipments​

 

-United States Department of Agriculture, Agricultural Marketing Service, Market News https://www.marketnews.usda.gov/mnp/ 2/4/17

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