FACTORING BLOG

Freight Trends June 2016

Ratios Rise After the Holiday May 29 – June 4 Spot market rates continue their upward trend after Memorial Day. The four-day week would normally account for a 20 percent decline in load posts, but load availability was only down nine percent last week. That led to higher load-to-truck ratios for vans, reefers, and flatbeds….

Ratios Rise After the Holiday

May 29 – June 4

Spot market rates continue their upward trend after Memorial Day. The four-day week would normally account for a 20 percent decline in load posts, but load availability was only down nine percent last week. That led to higher load-to-truck ratios for vans, reefers, and flatbeds.freight trends june 2016

Freight Trends June 2016

May 29 – June 4 vs May 22-28May 2016 vs. April 2016May 2016 vs May 2015
Spot Market Loads-9.0%+4.0%-18%
Spot Market Capacity-26%+3.8%+11%
Van Load-To-Truck+31%+18%-29%
Van Rates (Spot)+5.2%+3.4%-17%
Flatbed Load-To-Truck+30%-22%-19%
Flatbed Rates (Spot)+0.5%+1.1%-12%
Reefer Load-To-Truck+12%+23%-42%
Reefer Rates (Spot)+3.2%+5.6%-14%
Fuel Prices+1.1%+7.6%-20%

*source dat.com

Freight Bill Factoring for Truckers

Scale Funding has provided freight bill factoring services for trucking companies since 1994. We’ve helped numerous types of trucking and freight companies including but not limited to:

Bulk Material HaulersChemical HaulersContract Hauling
Dry Van CarriersFlatbed CarriersFor Hire Carriers
Freight BrokersHaz Mat HaulersHeavy Hauling
Hot ShotsIntermodalLess-than-truckload
Liquids & GasLog HaulersRefrigerated Carriers

For more information or to get started, contact a financial expert at Scale Funding today. (800) 707-4845.

RESOURCE CENTER

Learn More About Trucking

J.B. Hunt

May 23, 2024

Transportation Logistics Company

Coyote Logistics

May 23, 2024

Same-Day Cash On Your Coyote Logistics Invoices

UPS

May 13, 2024

Turn Your UPS Invoices into Instant Cash