FACTORING BLOG

August 2017 Freight Trends

August 2017 freight trends

August 6-12

There is a strong demand for freight in August, which is not usually the trend. Rates are consistently staying high, although they had dropped the previous week, which was closer to July’s average. Flatbed and van rates dropped 3 cents per mile and reefer rates dropped by 4 cents. Load-to-truck ratios also declined compared to the previous week.

August 2017 Freight Trends

Aug 6-12 vs July 30 – Aug 5 July 2017 vs. June 2017 July 2017 vs. July 2016
Spot Market Loads -7.8% -16% +89%
Spot Market Capacity +3.4% -5.4% +0.3%
Van Load-To-Truck -12% -7.1% +81%
Van Rates (Spot) -1.6% -0.6% +9.8%
Flatbed Load-To-Truck -14% -14% +156%
Flatbed Rates (Spot) -1.4% +1.4% +14%
Reefer Load-To-Truck -9.3% -13% +68%
Reefer Rates (Spot) -1.9% -1.9% +7.8%
Fuel Prices +0.8% -0.6% +3.8%

*source dat.com

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