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 Rates (Spot)||+0.6%||-1.7%||-15%|
|Flatbed Rates (Spot)||-1.5%||-1.5%||-14%|
|Reefer Rates (Spot)||+0.0%||-3.5%||-14%|
Data source dat.com
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.