September 10 – 16 Freight Capacity Tightens after Hurricanes
The September 2017 freight trends are a bright spot for fleet operators. In the wake of Hurricanes Harvey and Irma, truckers and freight brokers have seen an improvement in the freight market. With a stronger economy, tighter capacity from the hurricanes and the recovery, freight rates are now at their highest levels in more than two years. With cleanup from the hurricanes expected to last for months, fleet operators may enjoy favorable rates for a while.
September 2017 Freight Trends |
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| Sept 10-16 vs Sept 3-9 | Aug 2017 vs. July 2017 | Aug 2017 vs. Aug 2016 | |
| Spot Market Loads | +27% | +6.2% | +100% |
| Spot Market Capacity | +19% | +12% | -1.0% |
| Van Load-To-Truck | -0.6% | -0.7% | +89% |
| Van Rates (Spot) | -0.0% | +0.6% | +11% |
| Flatbed Load-To-Truck | +19% | -22% | +170% |
| Flatbed Rates (Spot) | +0.0% | +0.5% | +15% |
| Reefer Load-To-Truck | +4.9% | +11% | +78% |
| Reefer Rates (Spot) | +0.5% | +0.5% | +10% |
| Fuel Prices | -0.02% | -0.9% | +3.9% |
*source dat.com
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