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Prices Hover at 2-Year Highs

Jun 18 – 24 – Although severe weather disrupted freight movements in the South, demand remains strong nationally, and rates continue to hover at 2-year highs. National average van rates held steady for the third week in a row, while reefers gained 1¢ per mile, and flatbed rates dipped 1¢. Demand and rates may rise even higher this week, in the run-up to the July 4th weekend and the end of the second quarter.

The chart above depicts national average spot market rates for the past four weeks, including fuel surcharges. Weekly rate snapshots reflect averages for the month to-date, from DAT RateView.

Industry Trends - Spot Market Industry Trends - Van Industry Trends - Flatbed Industry Trends - Reefer Industry Trends - Fuel Prices
Industry TrendsWEEKMONTHYEAR
Jun 18 – 24 vs.
Jun 11 – 17
May 2017 vs.
Apr 2017
May 2017 vs.
May 2016
Spot Market Loads+2.5%+8.8%+100%
Spot Market Capacity1.2%+14%+2.7%
Van Load-To-Truck+6.2%+7.8%+109%
Van Rates (Spot)+0.0%+1.2%+9.7%
Flatbed Load-To-Truck6.0%16%+117%
Flatbed Rates (Spot)0.5%+1.4%+9.4%
Reefer Load-To-Truck+14%+3.7%+98%
Reefer Rates (Spot)+0.5%+4.1%+6.9%
Fuel Prices1.4%0.9%+11%
Demand and Rates Remain High

Last update: 6/28/2017 – Next update: 7/5/2017

Fuel Prices
-1.2%$2.46 / gallon
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Load-to-Truck Ratios Dip, but Not Prices

Jun 11 – 17 – Load board activity subsided from the previous week in which the national load-to-truck ratio for all equipment types hit its highest mark in years. Despite the dip in load-to-truck ratios, rates did not fall. National average rates held steady for vans and reefers, while rates for flatbeds increased 1¢ per mile. Rates for all equipment types remain at their highest level in nearly two years.

The chart above depicts national average spot market rates for the past four weeks, including fuel surcharges. Weekly rate snapshots reflect averages for the month to-date, from DAT RateView.

Industry Trends - Spot Market Industry Trends - Van Industry Trends - Flatbed Industry Trends - Reefer Industry Trends - Fuel Prices
Industry TrendsWEEKMONTHYEAR
Jun 11 – 17 vs.
Jun 4 – 10
May 2017 vs.
Apr 2017
May 2017 vs.
May 2016
Spot Market Loads0.5%+8.8%+100%
Spot Market Capacity+8.9%+14%+2.7%
Van Load-To-Truck9.0%+7.8%+109%
Van Rates (Spot)+0.0%+1.2%+9.7%
Flatbed Load-To-Truck9.5%16%+117%
Flatbed Rates (Spot)+0.5%+1.4%+9.4%
Reefer Load-To-Truck9.7%+3.7%+98%
Reefer Rates (Spot)+0.0%+4.1%+6.9%
Fuel Prices1.2%0.9%+11%
Spot Rates Remain at 2-Year Highs

Last update: 6/21/2017 – Next update: 6/28/2017

Fuel Prices
-1.2%$2.49 / gallon
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Load-to-Truck Ratios Soar

Jun 4 – 10 – Load board activity was as robust as we’ve ever seen it, with the national load-to-truck ratio for all equipment types hitting 11.0. That’s the highest it’s been since the week after Memorial Day 2014. There was the expected week-over-week increase going from a 4-day work week to a 5-day work week, plus the annual Roadcheck inspection blitz tightened capacity during the week. National average rates increased for vansreefers and flatbeds, with rates hitting their highest marks in nearly two years.

The chart above depicts national average spot market rates for the past four weeks, including fuel surcharges. Weekly rate snapshots reflect averages for the month to-date, from DAT RateView.

Industry Trends - Spot Market Industry Trends - Van Industry Trends - Flatbed Industry Trends - Reefer Industry Trends - Fuel Prices
Industry TrendsWEEKMONTHYEAR
Jun 4 – 10 vs.
May 28 – Jun 3
May 2017 vs.
Apr 2017
May 2017 vs.
May 2016
Spot Market Loads+30%+8.8%+100%
Spot Market Capacity+5.9%+14%+2.7%
Van Load-To-Truck+11%+7.8%+109%
Van Rates (Spot)+3.5%+1.2%+9.7%
Flatbed Load-To-Truck+27%16%+117%
Flatbed Rates (Spot)+1.4%+1.4%+9.4%
Reefer Load-To-Truck+33%+3.7%+98%
Reefer Rates (Spot)+3.4%+4.1%+6.9%
Fuel Prices1.6%0.9%+11%
Demand and Rates Surge Following Holiday Week

Last update: 6/14/2017 – Next update: 6/21/2017

Fuel Prices
-1.6%$2.52 / gallon
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Industry Trends - Spot Market Industry Trends - Van Industry Trends - Flatbed Industry Trends - Reefer Industry Trends - Fuel Prices
Industry TrendsWEEKMONTHYEAR
May 28 – Jun 3 vs.
May 21 – 27
May 2017 vs.
Apr 2017
May 2017 vs.
May 2016
Spot Market Loads9.2%+8.8%+100%
Spot Market Capacity19%+14%+2.7%
Van Load-To-Truck+22%+7.8%+109%
Van Rates (Spot)+3.0%+1.2%+9.7%
Flatbed Load-To-Truck+13%16%+117%
Flatbed Rates (Spot)+1.0%+1.4%+9.4%
Reefer Load-To-Truck2.4%+3.7%+98%
Reefer Rates (Spot)+1.5%+4.1%+6.9%
Fuel Prices0.4%0.9%+11%
Spot Rates Surge Heading Into Summer

Van Load-to-Truck Ratio Soars

May 28 – Jun 3 – National average rates increased for vansreefers and flatbeds, with rates for reefers and flatbeds hitting their highest marks in nearly two years. Load and truck posts on DAT load boards declined due to the 4-day work week following Memorial Day, yet the van load-to-truck ratio hit its highest level since 2014.

The chart above depicts national average spot market rates for the past four weeks, including fuel surcharges. Weekly rate snapshots reflect averages for the month to-date, from DAT RateView.

Last update: 6/7/2017 – Next update: 6/14/2017

Fuel Prices
-0.4%$2.56 / gallon
Trucking Success partners with DAT to offer a special on the TruckersEdge load board. Sign up forTruckersEdge today and get your first 30 days free by signing up at http://www.truckersedge.net/promo123 or entering “promo123” during sign up.