FACTORING BLOG

Freight Trends December 2015

Freight Trends November 29 – December 5

Van Rates Surge 6 Cents

Inventory re-stocking may have contributed to a big rebound in demand for trucks in the week after Thanksgiving. Results included a 6 cent surge in the national average van rate and a 1 cent bump for reefers.

Freight Trends December 2015

   
11/29 – 12/5 vs. 11/22-11/28
 
Nov 2015 vs. Oct 2015
 
Nov 2015 vs. Nov 2014
 Spot Market Loads
+45%
 -15%
 -42%
 Spot Market Capacity
 +12%
 -12%
 +27%
Van Load-To Truck
 +32%
 +17%
 -49%
Van Rates (Spot)
 +3.5%
 +0.0%
 -17%
Flatbed Load-To-Truck
 28%
 -32%
 -60%
Flatbed Rates (Spot)
 0.0%
 -4.0%
 -16%
Reefer Load-To-Truck
 +33%
 +11%
 -61%
Reefer Rates (Spot)
 +0.5%
 +0.0%
 -18%
Fuel Prices
 -1.0%
-2.1%
-32%

Data source dat.com

View November’s freight trends here.

About Scale Funding

Scale Funding is a privately held financial services company founded in 1994. The company is headquartered in Burnsville, Minnesota, with operations in Calgary, Alberta, Canada. Scale Funding provides a full range of business financial services including: accounts-receivable management, asset-based lending, collection services, credit analysis, factoring services, risk assessment, treasury and more. The company is proud to be recognized for its reliability, flexibility, responsiveness, innovative products, customer service, and exemplary corporate citizenship. For more information visit Scale Funding on the web at www.tcicapital.com.

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