Freight Trends May 2016

freight trends may 2016Freight Trends May 1-7

Good news for the trucking industry!

Rates rose sharply last week, following  a steady increase in demand for vans and reefers, especially in California, Texas and the Southeast.

Flatbed demand and rates held steady.

*source dat.com

View Aprils’s freight trends here.

Freight Trends May 2016

May 1-7 vs April 24-30 April 2016 vs March 2016 April 2016 vs April 2015
Spot Market Loads +5.1% +0.2% -28%
Spot Market Capacity +1.9% -3.6% +1.7%
Van Load-To-Truck +11% -5.9% -46%
Van Rates (Spot) +4.7% 0.7% -19%
Flatbed Load-To-Truck -11% +23% +1.2%
Flatbed Rates (Spot) +0.5% +2.2% -12%
Reefer Load-To-Truck +5.9% -10.0% -54%
Reefer Rates (Spot) +6.1% +0.6% -16%
Fuel Prices +3.1% +2.9% -23%

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