FACTORING BLOG

Freight Trends November 2015

Freight Trends November 1 – 7

Van Rates Rise 1 Cent

Load availability increased for vans and reefers, but declined for flatbeds last week. Van rates rose 1 cent per mile, reefer rates were unchanged and flatbeds lost 3 cents, as a national average.

Freight Trends November 2015

 11/1 – 11/7 vs. 10/25 – 10/31  Oct vs Sept  Oct 2015 vs Oct 2014
 Spot Market Loads  -0.9%  -9.3%  -42%
 Spot Market Capacity  -3.1%  +6.0%  +16%
 Van Load-To-Truck  +7.5%  -18%  -47%
 Van Rates (Spot)  +0.6%  -1.7%  -15%
 Flatbed Load-To-Truck  -4.8%  -5.9%  -55%
 Flatbed Rates (Spot)  -1.5%  -1.5%  -14%
 Reefer Load-To-Truck  +8.4%  -18%  -53%
 Reefer Rates (Spot)  +0.0%  -3.5%  -14%
 Fuel Prices  -0.5%  +0.6%  -32%

Data source dat.com

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.

RESOURCE CENTER

Learn More About Trucking

Northland Corporation - Starting in the trucking industry.

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