November 2017 Freight Trends – Pre-Thanksgiving Rush Keeps Rates High
The November 2017 freight trends report shows Van and Reefer rates hovering near peak levels. With heavy pre-thanksgiving demand for trucking and increasing fuel prices, spot market rates at staying at the season high levels.
November 2017 Freight Trends |
|||
| Nov 5-11 vs. Oct 29-Nov 4 | Oct 2017 vs. Sept 2017 | Oct 2017 vs. Oct 2016 | |
| Spot Market Loads | -1.6% | +1.4% | +114% |
| Spot Market Capacity | +7.6% | +13.0% | +0.9% |
| Van Load-To-Truck | -6.6% | -12.0% | +106% |
| Van Rates (Spot) | -0.5% | +2.5% | +22% |
| Flatbed Load-To-Truck | -15.0% | -5.5% | +172% |
| Flatbed Rates (Spot) | +0.4% | +2.2% | +21% |
| Reefer Load-To-Truck | -2.4% | -14.0% | +77% |
| Reefer Rates (Spot) | +0.0% | +3.1% | +22% |
| Fuel Prices | +0.3% | +0.0% | +1.1% |
*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…