July 2 -July 8
As a result of the 4th of July falling on a Tuesday, many people took Monday off. Due to the shorter work week, load posts and truck posts were down for all three equipment types.
National averages for all rates remain elevated, with consumer goods pushing spot rates higher in the Northeast.
July 2017 Freight Trends |
|||
| July 2 – July 8 vs. June 25 – July 1 | June 2017 vs. May 2017 | June 2017 vs. June 2016 | |
| Spot Market Loads | -34% | +22% | +90% |
| Spot Market Capacity | -19% | -11% | -0.8% |
| Van Load-To-Truck | -16% | +49% | +91% |
| Van Rates (Spot) | +5.6% | +6.5% | +11% |
| Flatbed Load-To-Truck | -6.9% | +18% | +137% |
| Flatbed Rates (Spot) | +2.3% | +2.9% | +10% |
| Reefer Load-To-Truck | -29% | +47% | +77% |
| Reefer Rates (Spot) | +2.4% | +5.0% | +7.1% |
| Fuel Prices | +0.4% | -1.9% | +3.6% |
*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
A Guide to Invoice Factoring: A Solution for Business Cash Flow Challenges
In today’s fast-paced and competitive market, businesses often face cash flow problems. These issues can slow growth or even threaten…
How Double Brokering Fraud Hurt Carriers and Shippers
In the United States, there was a documented double brokering fraud involving a company named “Global Cargo Logistics” (a fictitious…
Stay One Step Ahead: How to Defend Against Trucking Fraud and Scams
Trucking fraud is not new, but it has certainly evolved. Even as trucking companies enhance their security measures, fraudsters continue…