Market Conditions 3/5/2017-3/11/2017

Market volumes this week have continued to increase for all three equipment types. Load availability increased 5% and truck availability decreased by 4%. When taking all averages, reefer rates increased 1%, van rates increased 2%, and flatbed rates increased 1.5%. Taking an average of rate points from various metrics, we have found the national average rates to be the following: Reefer: $1.94/mi, Van: $1.67/mi, Flatbed: $2.01/mi.

 

Refrigerated Freight  

 

The volumes in the reefer market increased again this week with produce shipments entering the market again. The West Coast, and Southwest had the lightest freight volumes and plentiful amounts of available equipment. Florida had a slight shortage of trucks by the end of the week and continues to ship mixed vegetables, berries, citrus, and melons. 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 are still busy with elevated load to truck ratios. The McAllen and Laredo border crossings had the heaviest shortage of equipment because of the high volumes of produce moving across again this week. 

 

Monday: 

 

Friday:

-DAT Power Load to Truck Reefer Densities 3/11/17

 

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 3/11/17

 

-United States Department of Agriculture, Agricultural Marketing Service, Market News https://www.marketnews.usda.gov 3/11/17

 

Dry Freight

 

On a national average, load availability increased by 4% and truck postings decreased by 3%. Similar to the reefer market, the van market in the Heartland, Texas, and the South have the highest load to truck densities and therefore, the highest outbound rates.

​​

Monday:

 

Friday:

-DAT Power Load to Truck Van Densities 3/11/17

 

Flatbed Densities​​​​

 

Monday:​​​

 

Friday:

-DAT Power Load to Truck Flatbed Densities 3/11/17

 

Diesel Pricing

 

Diesel prices held almost steady this week, increasing 0.2 cents, bringing the national average price to $2.579 per gallon. This marks a 55.8 cent increase from the same week last year.

 

-U.S. Energy Information Administration, Independent Statistics & Analysis http://www.eia.gov/petroleum/gasdiesel 3/11/17

 

National Truck Shipments​

 

-United States Department of Agriculture, Agricultural Marketing Service, Market News https://www.marketnews.usda.gov/mnp/ 3/11/17

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