Tag: spot market: Page 23

Spot market rates, volume: Hot markets for van and reefer across Midwest, South

The brief “reminder of 2014” we got in last week’s spot market update in the very high van load-to-truck ratio came back down to earth this, though it’s still high for this time of year.

January 14, 2016

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Spot market update: Hot states for van, flat, reefer

Ring in the new year with these hot market maps for dry van, refrigerated and flatbed trailer loads moving on the spot market within the last week.

January 7, 2016

The dry van load-to-truck ratio surged from 1.9 to 3.4 loads per truck on the spot market last week, as year-end demand and ongoing bad weather faced off against a relative shortage of trucks between two holidays. Van rates held steady at a national average of $1.71 per mile, with head-haul rate increases offset by declines in back hauls. Last week’s Hot States Map shows a quiet West Coast and truck shortages in a handful of states. This week, the Hot Markets include Minneapolis, Minn.; Green Bay, Wis.; Lubbock and Laredo, Texas; Hutchinson, Kan.; and Pittsburgh and Philadelphia, Pa. Those cities offer exceptional load volume, coupled with high load-to-truck ratios.

Holiday spot market update: Freight activity falls, though demand boosted with weather

Van load posts on DAT load boards slowed by 22 percent, and truck posts declined 33 percent, during the Christmas holiday week. Weather-led disruptions boosted demand in spots.

December 31, 2015

The national average rate held steady for vans last week at $1.71 per mile, despite a cent decline in the fuel surcharge. Outbound rates increased for van loads originating in Dallas, Chicago, Atlanta and Philadelphia but declined in Los Angeles, Memphis and Buffalo. Rates were affected by weather as well as last-minute freight shipments in the days before Christmas.

Van spot market update — volume, rates relatively steady into holiday week

Van load availability slipped 5 percent last week and truck capacity edged up 1 percent, pushing the average load-to-truck ratio down from 1.7 to 1.6 loads per truck.

December 23, 2015

Outbound rates declined for loads originating in Los Angeles, Dallas, Chicago, Atlanta and Philadelphia.

Van spot market update: Can you guess the worst-performing lanes of the week?

“What goes up must come down,” says DAT’s Ken Harper, who notes laws of gravity as a general rule might well be applied to “to truck loads and rates on the spot market,” particularly as seen this past week.

December 17, 2015

Demand remained strong during the week in a handful of hot markets, including Spokane, Wash.; Medford, Ore.; Fargo and Sioux Falls in N.D. and S.D., respectively; Des Moines, Iowa; Rock Island, Ill.; Hutchinson, Kan; Tulsa, Okla.; Little Rock, Ark.; Memphis; and Decatur, Ala. A shortage of trucks yielded a high load-to-truck ratio that also turned the map red in Wyoming and Maine, though volume there was low, and a brief surge in New Mexico is not generating any more new volume this week.

Reefer spot-market-volume surge follows Thanksgiving holiday week

Reefer demand improved substantially with the load availability boost last week, DAT says. The national load-to-truck ratio rose 33 percent, to 5.7 loads per truck.

December 9, 2015

The load availability boost last week, DAT says, was higher “than expected after Thanksgiving,” and truck posts increased a mere 5 percent. That combination propelled the national load-to-truck ratio up 33 percent, to 5.7 loads per truck, well above the seasonally below-average 3.9 in Overdrive‘s last update, indicating improving demand.

These latest numbers show the Thanksgiving effect on the flatbed spot market

Where it’s hot and not: The holiday week saw flatbed load availability, predictably, fall — bright spots exist in Medford, Ore.; Rapid City, S.D.; Omaha, Neb.; Little Rock, Ark.; Shreveport, La.; and Montgomery, Ala.

December 3, 2015

The national average flatbed rate was unchanged last week at $1.92 per mile, down 5 cents from the October average, or 8 cents below the average in Overdrive‘s last, early-November update. Rates trended up in Los Angeles; Rock Island, Neb.; Cleveland; and Memphis. In other key flatbed markets, rates declined, including Houston, Atlanta, Tampa and Harrisburg.

Dog days of rates: Per-mile rates dive in all three major truckload segments in August

Per-mile spot market rates in the three major truckload segments continued their seasonal summer slide in August, with paid rates falling at least 6 cents from July in all three and posted rates sliding at least a dime, according to monthly rate data from Truckstop.com.

September 9, 2015

Rate data from Truckstop.com

Van freight: Texas demand sees GATS effect, rates sag nationally, and volume rises

Volume ticked up for dry freight, but rates were lackluster in the past week. Some local markets with a higher van load-to-truck showed opportunity in these states: OR, WA, ID, WI, IN and PA.

September 3, 2015

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Flatbed demand: Hot states, local markets

Spot market flatbed freight availability tumbled 13 percent last week after a prior-week gain, DAT reported. Local opportunities in places like Houston, Texas, an otherwise low-demand state in the latest update.

August 27, 2015

DAT flatbed hot states Aug 26

Spot market van freight: As volume grows slowly, pricing lags

Freight trends this week: Nationally, van rates dropped a couple cents, but opportunity exists in local markets in N.Y., Pa., Md., Va. and Ind.; Charlotte-to-Buffalo lane still ripe for triangulation.

August 20, 2015

Nationally, with volume increases continuing for vans, the load-to-truck ratio had edged up since the last update (from 1.7) but fell week-over-week slightly to 1.8 loads per truck on DAT load boards with an influx of trucks. Freight availability declined most sharply in the Midwest and California. While states like South Dakota and Vermont show as dark red in this “Hot States” map, meaning that they had high load-to-truck ratios, both had relatively few loads available, so check outbound freight volume before taking a load into those states.

Rates sag in July in line with seasonal trends, cheaper diesel

The declines, typical for July, may not reflect market rate conditions as much as they do lower fuel surcharges corresponding with lower fuel prices. Either way, here’s a look at the latest figures from Truckstop.com.

August 14, 2015

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