FACTORING BLOG

May 2017 Freight Trends

may 2017 freight trends

May 7-13

The national average van rate went down 2 cents per mile last week after hitting its highest point since January during the previous week. The national flatbed rate also dropped 1 cent after reaching a nearly two-year high the week before.

Produce from California and Florida helped increase reefer rates by about 2 cents per mile.

May 2017 Freight Trends 

May 7 – 13 vs. Apr 30 – May 6 Apr 2017 vs. Mar 2017 Apr 2017 vs Apr 2016
Spot Market Loads -1.5% -0.3% +91%
Spot Market Capacity +1.8% -12% -6.6%
Van Load-To-Truck -0.2% +8.4% +128%
Van Rates (Spot) -1.2% +2.5% +11%
Flatbed Load-To-Truck -6.2% +20% +103%
Flatbed Rates (Spot) -0.5% +2.0% +8.9%
Reefer Load-To-Truck -5.6% +6.1% +134%
Reefer Rates (Spot) +1.0% +3.7% +7.8%
Fuel Prices -0.7% +1.1% +20%

*source dat.com

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