FACTORING BLOG

July 2017 Freight Trends

July 2017 freight trends

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

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