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Capacity Tightens in Harvey’s Wake
Sep 3 – 9 – Two powerful hurricanes hit within just a few days, destroying lives, homes and businesses. It will take months or years to repair the property damage alone. Freight transportation is disrupted all across the U.S., as supply chains were re-routed after Hurricane Harvey and again before Hurricane Irma. Fuel prices also soared, driving rates up to the highest weekly averages in more than two years. National average van rates gained 3¢ per mile, reefer rates jumped 8¢, and flatbed rates added 4¢.
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 3 – 9 vs. Aug 27 – Sep 2 | Aug 2017 vs. Jul 2017 | Aug 2017 vs. Aug 2016 | |
| Spot Market Loads | –2.7% | +6.2% | +100% |
| Spot Market Capacity | –15% | +12% | –1.0% |
| Van Load-To-Truck | +17% | –0.7% | +89% |
| Van Rates (Spot) | +1.6% | +0.6% | +11% |
| Flatbed Load-To-Truck | +29% | –22% | +170% |
| Flatbed Rates (Spot) | +1.8% | +0.5% | +15% |
| Reefer Load-To-Truck | –2.1% | +11% | +78% |
| Reefer Rates (Spot) | +3.8% | +0.5% | +10% |
| Fuel Prices | +1.4% | +3.9% | +10% |
Last update: 9/13/2017 – Next update: 9/20/2017
Trucking Success partners with DAT to offer a special on the TruckersEdge load board. Sign up forTruckersEdgetoday and get your first 30 days free by signing up at http://www.truckersedge.net/promo123 or entering “promo123” during sign up.
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