FACTORING BLOG

October 2017 Freight Trends

october 2017 freight trends

October 1 – 7 Freight Capacity Remains Tight

The October 2017 freight trends show that load-to-truck ratios are still high for all three trailer types. The national average van rate has reached a high of $2.09 per mile for the first time since December 2014. Relief and rebuilding efforts in areas affected by Hurricanes Harvey and Irma have put a squeeze on capacity nationwide.

October 2017 Freight Trends

Oct 1-7 vs. Sep 24-30 Sep 2017 vs. Aug 2017 Sep 2017 vs. Sep 2016
Spot Market Loads -3.0% +12% +117%
Spot Market Capacity +1.2% -13% -7.5%
Van Load-To-Truck -7.1% +28% +120%
Van Rates (Spot) +6.1% +11% +22%
Flatbed Load-To-Truck -6.9% +46% +226%
Flatbed Rates (Spot) +1.8% +3.7% +20%
Reefer Load-To-Truck -0.2% +23% +104%
Reefer Rates (Spot) +6.3% +7.2% +17%
Fuel Prices +0.1% +7.3% +16%

*source dat.com

RESOURCE CENTER

Learn More About Trucking

Could Regulatory Enforcement Tighten Capacity?

July 16, 2025

Author: Thom Albrecht | Chief Revenue Officer at Reliance Partners Since the freight market softened in early 2022, trucking has…

Why and How You Should Shop Your Trucking Insurance

May 22, 2025

AuthorThom Albrecht, Chief Revenue Officer at Reliance Partners As the Chief Revenue Officer at Reliance Partners, an insurance agency focused…

How invoice factoring helps businesses with cash flow issues.

A Guide to Invoice Factoring: A Solution for Business Cash Flow Challenges

January 3, 2025

In today’s fast-paced and competitive market, businesses often face cash flow problems. These issues can slow growth or even threaten…