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
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