FACTORING BLOG

March 2017 Freight Trends

march 2017 freight trends

February 26 – March 4

Spot market demand increased in this period, which led to rate increases for each equipment type. In addition to load-to-truck ratios rising sharply for each trailer type, the national average van rate increased $0.40 per mile, reefer rates added $0.01 and flatbed rates jumped $0.06.

March 2017 Freight Trends 

Feb 26 – Mar 4 vs. Feb 19-25 Feb 2017 vs. Jan 2017 Feb 2017 vs. Feb 2016
Spot Market Loads +17% -8.6% +87%
Spot Market Capacity -3.9% +4.7% -1.8%
Van Load-To-Truck +25% -25% +79%
Van Rates (Spot) +2.5% -3.0% +5.9%
Flatbed Load-To-Truck +19% +16% +155%
Flatbed Rates (Spot) +3.1% +2.1% +7.1%
Reefer Load-To-Truck +30% -35% +60%
Reefer Rates (Spot) +0.5% -4.6% +3.3%
Fuel Prices +0.0% -0.5% +29%

*source dat.com

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