Market Conditions 4/2/2017-4/8/2017

Market volumes this week have increased after last week's lull for all three equipment types. Load availability increased 3.5% and truck availability decreased by 2%. Load to truck ratios for flatbed freight still remain high on a national average with more than 30 loads to each truck. Reefer and van rates also have elevated load to truck ratios with rates starting to responded to the increased demand.  When taking all averages, reefer rates increased by 1%, van rates increased by 0.5%, and flatbed rates increased 0.5%. 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: $1.69/mi, Flatbed: $2.04/mi.

 

Densities overall have been on the rebound for all three equipment types. Volumes at the Mexican border hubs continue to remain elevated but are becoming fairly dynamic with large changes in volumes from day to day. Production and shipping continues to be on the rise for flatbed and van freight especially in the South and Midwest.

 

Refrigerated Freight  

 

The volumes in the reefer market increased this week with produce shipments continuing to rise. The Arizona crossings have cut back on volumes while the volumes at the Texas border crossings remain high. Florida saw a slight slowdown in volume at the start of the week with a slight surplus of trucks. Volumes doubled the second half of the week, signaling the beginning of the big produce push. The state continues to ship mixed vegetables, berries, citrus, and corn. In the Northeast, the Buffalo and Rochester markets continue to have the densest load to truck ratios, shipping various processed foods and dairy. The Heartland, parts of the Midwest, especially Texas and Arkansas held onto their elevated load to truck ratios.

 

Monday: 

 

 

Friday:

​​SMLXL

 

-DAT Power Load to Truck Reefer Densities 4/8/17

 

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.​

 

​​SMLXL

 

-United States Department of Agriculture, Agricultural Marketing Service, Market News https://www.marketnews.usda.gov 4/8/17

 

​​SMLXL

 

-United States Department of Agriculture, Agricultural Marketing Service, Market News https://www.marketnews.usda.gov 4/8/17

 

Dry Freight

 

On a national average, load availability increased by 1.5% and truck postings decreased by 1%. Similar to the reefer market, the van market in the Heartland, Texas, Midwest, and the South have the highest load to truck densities and therefore, the highest outbound rates.

​​

Monday:

​​SMLXL

 

 

Friday:

​​SMLXL

 

-DAT Power Load to Truck Van Densities 4/8/17

 

Flatbed Densities​​​​

 

Monday:​​​

​​SMLXL

 

 

Friday:

​​SMLXL

 

-DAT Power Load to Truck Flatbed Densities 4/8/17

 

Diesel Pricing

 

Diesel prices dropped 0.7 cents this week, bringing the national average price to $2.532 per gallon. This marks a 41.1 cent increase from the same week last year.

 

​​SMLXL

 

-U.S. Energy Information Administration, Independent Statistics & Analysis http://www.eia.gov/petroleum/gasdiesel 4/8/17

 

National Truck Shipments​

 

​​SMLXL

 

-United States Department of Agriculture, Agricultural Marketing Service, Market News https://www.marketnews.usda.gov/mnp/ 4/8/17

 

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