April 2 – April 8
Although freight volumes dipped slightly last week, rates continued to climb. With Spring produce now in season, there is an increase in reefer rates. High load-to-truck ratios for flatbeds resulted in a continued increase in flatbed rates.
April 2017 Freight Trends |
|||
Apr 2 – 8 vs. Mar 26 – Apr 1 | Mar 2017 vs. Feb 2017 | Mar 2017 vs. Mar 2016 | |
Spot Market Loads | -1.7% | +46% | +92% |
Spot Market Capacity | +1.5% | +12% | +1.7% |
Van Load-To-Truck | -8.0% | +30% | +98% |
Van Rates (Spot) | +3.7% | +0.6% | +7.2% |
Flatbed Load-To-Truck | -3.6% | +38% | +109% |
Flatbed Rates (Spot) | +2.0% | +3.6% | +9.1% |
Reefer Load-To-Truck | +1.3% | +31% | +99% |
Reefer Rates (Spot) | +3.2% | +0.5% | +5.1% |
Fuel Prices | +0.9% | -0.6% | +22% |
*source dat.com
About Scale Funding
Scale Funding is an invoice factoring company serving businesses across the United States. For more information on factoring, call (800) 707-4845 for a free, no-obligation consultation and quote.
RESOURCE CENTER
Learn More About Trucking
How Double Brokering Fraud Hurt Carriers and Shippers
In the United States, there was a documented double brokering fraud involving a company named “Global Cargo Logistics” (a fictitious…
Stay One Step Ahead: How to Defend Against Trucking Fraud and Scams
Trucking fraud is not new, but it has certainly evolved. Even as trucking companies enhance their security measures, fraudsters continue…
Accounts Receivable Financing: Boost Cash Flow and Business Growth
What is Accounts Receivable Financing? Accounts Receivable Financing is an alternative financing option for businesses seeking fast cash. Businesses sell…