Market Conditions 5/21/2017-5/27/2017

This week's market has once again shown an increase in load to truck demand. Load availability increased 5.5% and truck availability decreased by 8%. 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 ratios are also elevated with rates continuing to respond to the increased demand.  When taking all averages, reefer rates increased by 1.6%, van rates increased by 0.7%, and flatbed rates increased by 0.4%. Taking an average of rate points from various metrics, we have found the national average rates to be the following: Reefer: $2.07/mi, Van: $1.77/mi, Flatbed: $2.15/mi.

 

With the Memorial Day push, densities for flatbed freight increased slightly while reefer and van freight densities continued to rise again this week. Volumes at the Mexican border hubs continue to remain elevated for van and reefer freight. Production and shipping remains elevated for flatbed and van freight especially in the South and Midwest. 

 

Refrigerated Freight  

 

Volumes in the reefer market increased this week with produce shipments continuing to rise in the southern states. There were virtually no trucks available on the spot market at the Arizona and Texas border crossing. The heaviest volumes in the Southeast have transitioned to northern Florida and Southern Georgia. Florida continues to ship mixed vegetables, corn, and melons. California's produce season is also in full swing with rates continuing to increase on all outbound lanes. The market regions with the highest load to truck densities are in California, Arizona the Heartland, Texas, Midwest, Gulf Coast states, and the Southeast. With increased inbound reefer freight to the Northeast and upper Midwest, outbound rates continue to take a hit, keeping the balance of rates on a national average.

 

Monday: 

 

 

Friday:

-DAT Power Load to Truck Reefer Densities 5/27/17

 

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 5/27/17

 

-United States Department of Agriculture, Agricultural Marketing Service, Market News https://www.marketnews.usda.gov 5/27/17

 

Dry Freight

 

On a national average, load availability increased by 5.1% and truck postings decreased by 3%. Similar to the reefer market, the van market had the highest load to truck densities in California, Arizona the Heartland, Texas, Midwest, Gulf Coast states, and the Southeast.  These areas of higher densities also offer the highest outbound rates.

​​

Monday:

 

Friday:

-DAT Power Load to Truck Van Densities 5/27/17

 

Flatbed Densities​​​​

 

Monday:​​​

 

Friday:

-DAT Power Load to Truck Flatbed Densities 5/27/17

 

Diesel Pricing

 

Diesel prices dropped one half of a cent this week, bringing the national average price to $2.539 per gallon. This marks an 18.2 cent increase from the same week last year.

 

-U.S. Energy Information Administration, Independent Statistics & Analysis http://www.eia.gov/petroleum/gasdiesel 5/27/17

 

National Truck Shipments​​

 

-United States Department of Agriculture, Agricultural Marketing Service, Market News https://www.marketnews.usda.gov/mnp/ 5/27/17

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.