January 2017 Freight Trends
January 1 – 7
The new year has begun with strong demand. Higher volumes and fuel prices led to higher national averages for van rates and reefer rates, though the national flatbed rates declined, compared to the average for December. In most major markets prices fell, when compared to the highs of the previous week.
January 2017 Freight Trends |
|||
| Jan 1 – 7 vs. Dec 25 – 31 | Dec 2016 vs. Nov 2016 | Dec 2016 vs. Dec 2015 | |
| Spot Market Loads | 17% | +13% | +84% |
| Spot Market Capacity | +9.5% | -9.6% | -3.9% |
| Van Load-To-Truck | +9.8% | +22% | +80% |
| Van Rates (Spot) | +2.3% | +4.2% | +0.6% |
| Flatbed Load-To-Truck | +6.8% | +35% | +167% |
| Flatbed Rates (Spot) | -1.5% | +2.6% | +0.5% |
| Reefer Load-To-Truck | -4.3% | +21% | +66% |
| Reefer Rates (Spot) | +2.5% | +1.0% | +1.0% |
| Fuel Prices | +0.4% | +2.9% | +8.7% |
*source dat.com
About Scale Funding
Scale Funding is an invoice factoring company serving businesses across the United States. For more information on factoring, call (800) 707-4845 for a free, no-obligation consultation and quote.
RESOURCE CENTER
Learn More About Trucking
Tariffs, Duties, and Regulatory Volatility in Logistics
Tariffs. Duties. Regulatory up‑and‑downs. For anyone in the world of logistics, it’s like juggling flaming torches, exciting but nerve‑wracking. In…
Could Regulatory Enforcement Tighten Capacity?
Author: Thom Albrecht | Chief Revenue Officer at Reliance Partners Since the freight market softened in early 2022, trucking has…
Why and How You Should Shop Your Trucking Insurance
AuthorThom Albrecht, Chief Revenue Officer at Reliance Partners As the Chief Revenue Officer at Reliance Partners, an insurance agency focused…