FACTORING BLOG

Freight Trends January 2016

Freight Trends January 3-9 2016

freight-trends-january-4

Ratios Fall, But Rates Rise

Everyone got back to work in the first week of 2016, and spot market activity increased sharply. Truck posts outpaced load posts, and load-to-truck ratios declined. National average rates rose for vans and reefers, however, flatbed rates held steady, despite a 2 cent decline in the average fuel surcharge.

Freight Trends January 2016

   
1/3 – 1/9 vs. 12/27-1/2
 
Dec 2015 vs. Nov 2015
 
Dec 2015 vs. Dec 2014
 Spot Market Loads  +28%
+15% 
-36% 
 Spot Market Capacity
+59% 
-0.8%  +24% 
Van Load-To Truck -19%   +18% -43% 
Van Rates (Spot)  +1.2% +0.0%  -18% 
Flatbed Load-To-Truck  -7.6% +13% 
-52% 
Flatbed Rates (Spot)  +0.0% +0.0%  -16% 
Reefer Load-To-Truck  -30% +16%  -53% 
Reefer Rates (Spot)  +0.5% +0.5%  -17% 
Fuel Prices
 -1.1%
-6.4%  -32% 

Data source dat.com

View December’s freight trends here.

About Scale Funding

Scale Funding is a privately held financial services company founded in 1994. The company is headquartered in Burnsville, Minnesota, with operations in Calgary, Alberta, Canada. Scale Funding provides a full range of business financial services including: accounts-receivable management, asset-based lending, collection services, credit analysis, factoring services, risk assessment, treasury and more. The company is proud to be recognized for its reliability, flexibility, responsiveness, innovative products, customer service, and exemplary corporate citizenship. For more information visit Scale Funding on the web at www.tcicapital.com.

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