November 2016 Freight Trends
October 30 – November 5
During the last days of October and start of November, rates rose for vans and reefers. Van rates were up 5 cents week over week, and down 1 cent below what they were last year. Reefer rates rose 7 cents from the previous week. Those rates are more common for June during the produce peak than for the first week of November.
November 2016 Freight Trends |
|||
| Oct 30 – Nov 5 vs. Oct 23 – 29 | Oct 2016 vs. Sep 2016 | Oct 2016 vs. Oct 2015 | |
| Spot Market Loads | +4.8% | +2.8% | +52% |
| Spot Market Capacity | -2.0% | +3.4% | -4.2% |
| Van Load-To-Truck | +9.4% | -6.0% | +86% |
| Van Rates (Spot) | +3.0% | +2.5% | -2.9% |
| Flatbed Load-To-Truck | +1.6% | +13% | +47% |
| Flatbed Rates (Spot) | -0.5% | +1.6% | -4.5% |
| Reefer Load-To-Truck | +13% | -0.8% | +54% |
| Reefer Rates (Spot) | +3.7% | -0.5% | -2.1% |
| Fuel Prices | -0.4% | +2.5% | -2.6% |
*source dat.com
RESOURCE CENTER
Learn More About Trucking
Top Freight Factoring Companies: Optimize Cash Flow
Discover how freight factoring companies turn unpaid invoices into immediate cash flow for brokers, carriers, and owner-operators. Learn to choose…
9 Signs It’s Time to Switch Factoring Companies
Most businesses don’t switch invoice factoring companies because they’re unhappy. They switch because they eventually discover what their agreement actually…
How Rising Trucking Insurance Costs Are Impacting Fleets — And What Companies Can Do About It
It’s no surprise that trucking companies have faced some of the most challenging years in recent memory. Economic instability, rising…