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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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.
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