October Market Conditions

Rates for the first two weeks of October were unprecedented for 2017, thanks largely in part to the relief efforts for Hurricanes Harvey and Irma during September.  Although rates tapered off the back half of the month, the ELD mandate looming on the horizon could also attributed to long-term elevated rates.

-DAT Power Load to Truck Flatbed Densities 11/10/17

 

Refrigerated Freight

 

Nationally, reefer load-to-truck ratios jumped significantly during the month of October. Produce shipments in the in the north completed the season by the final week of the month. Rates increased even further in the Midwestern and North East states. The heaviest volumes this month were in the Plains states, Midwest, and the West coast. We anticipate reefer demand to remain elevated in month of November with Christmas trees in the north and northwest and produce shipping out of the south and southwest.

 

-DAT Power Load to Truck Reefer Densities 11/10/17

 

-United States Department of Agriculture, Agricultural Marketing Service, Market News https://www.marketnews.usda.gov 11/10/17

 

Dry Freight

 

For vans, load availability increased by 9% compared to the month of September.  Rates on a national average closed at the same levels as the opening week. Truck postings decreased by 11% as well.

 

-DAT Power Load to Truck Van Densities 11/10/17

 

Flatbed Densities​​​​

 

-DAT Power Load to Truck Flatbed Densities 11/10/17

 

Diesel Pricing

 

-U.S. Energy Information Administration, Independent Statistics & Analysis http://www.eia.gov/petroleum/gasdiesel 11/10/17

 

National Truck Shipments​​

 

-United States Department of Agriculture, Agricultural Marketing Service, Market News https://www.marketnews.usda.gov/mnp/ 11/10/17

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