FACTORING BLOG

February 2017 Freight Trends

freight trends february 2017

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

How Factoring Companies Solve Cash Flow Issues for Businesses

July 18, 2024

Growing businesses may face issues with the timing of customer payments and their own expenses. These businesses can also face…

Intra-State: Intra-Risk

July 8, 2024

At this point, we are all familiar with the Federal Motor Carrier Safety Administration (FMSCA). Their purpose is to monitor,…

Northland Corporation - Starting in the trucking industry.

J.B. Hunt

May 23, 2024

Transportation Logistics Company