Load-to-Truck Ratios Surge for All 3 Trailer Types
Sep 24 – 30 – Supply chain disruptions caused by Hurricanes Irma and Harvey, coupled with economic growth and a strong harvest season, have put tremendous pressure on both capacity and rates. The national average rates for vans, flatbeds, and reefers increased again last week, exceeding two-year highs. Capacity is tight, as the van load-to-truck ratio hit its highest mark in more than 7 years last week. Load-to-truck ratios for reefers and flatbeds are also at multi-year highs.
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 | WEEK | MONTH | YEAR |
Sep 24 – 30 vs. Sep 17 – 23 | Sep 2017 vs. Aug 2017 | Sep 2017 vs. Sep 2016 | |
Spot Market Loads | +5.4% | +12% | +117% |
Spot Market Capacity | –3.2% | –13% | –7.5% |
Van Load-To-Truck | +9.5% | +28% | +120% |
Van Rates (Spot) | +1.5% | +11% | +22% |
Flatbed Load-To-Truck | +16% | +46% | +226% |
Flatbed Rates (Spot) | +0.9% | +3.7% | +20% |
Reefer Load-To-Truck | +1.6% | +23% | +104% |
Reefer Rates (Spot) | +0.5% | +7.2% | +17% |
Fuel Prices | –0.1% | +7.3% | +16% |
Last update: 10/4/2017 – Next update: 10/11/2017
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