January 29 – February 4
There was an increase in spot market volumes at the end of January after several weeks of declining load posts. While the national average for each trailer type remains higher than in February 2016, van and reefer rates continued to decline in the slow season. The national flatbed rate rose $0.01.
February 2017 Freight Trends |
|||
| Jan 29 – Feb 4 vs. Jan 22- 28 | Jan 2017 vs. Dec 2016 | Jan 2017 vs. Jan 2016 | |
| Spot Market Loads | +7.7% | +0.6% | +100% |
| Spot Market Capacity | -2.1% | +5.2% | +5.2% |
| Van Load-To-Truck | +2.9% | +-13% | +76% |
| Van Rates (Spot) | -1.8% | -2.9% | +1.2% |
| Flatbed Load-To-Truck | +21% | +14% | +164% |
| Flatbed Rates (Spot) | +0.5% | -2.6% | +1.6% |
| Reefer Load-To-Truck | -1.9% | -10% | +62% |
| Reefer Rates (Spot) | -3.0% | -1.5% | +3.2% |
| Fuel Prices | +0.0% | +2.8% | +20% |
*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
Tariffs, Duties, and Regulatory Volatility in Logistics
Tariffs. Duties. Regulatory up‑and‑downs. For anyone in the world of logistics, it’s like juggling flaming torches, exciting but nerve‑wracking. In…
Could Regulatory Enforcement Tighten Capacity?
Author: Thom Albrecht | Chief Revenue Officer at Reliance Partners Since the freight market softened in early 2022, trucking has…
Why and How You Should Shop Your Trucking Insurance
AuthorThom Albrecht, Chief Revenue Officer at Reliance Partners As the Chief Revenue Officer at Reliance Partners, an insurance agency focused…