Current Freight Rates – September 2018
September 11, 2018
September Freight Rates – Rates Increase for Vans & Reefers
DAT.com is reporting that van rates were up 6 cents and reefer shipments were up 8 cents compared to the August average. Flatbed rates dropped 2 cents per mile nationally.
September 2018 Freight Rates |
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| Sep 2-8 vs Aug 26-Sept 1 | Aug 2018 vs. July 2018 | Aug 2018 vs Aug 2017 | |
| Spot Market Loads | -11% | -7.1% | +27% |
| Spot Market Capacity | -13% | +10% | +18% |
| Van Load-To-Truck | +9.4% | -8.8% | +29% |
| Van Rates (Spot) | +2.8% | -5.7% | +20% |
| Flatbed Load-To-Truck | +0.8% | -36% | -0.8% |
| Flatbed Rates (Spot) | -0.8% | -4.3% | +21% |
| Reefer Load-To-Truck | -10% | +1.4% | -9.1% |
| Reefer Rates (Spot) | +3.2% | -3.9% | +20% |
| Fuel Prices | +0.8% | -0.5% | +24% |
*source dat.com
Last week, demand for spot market loads heading toward the Mid-Atlantic were up in an effort to get ahead of Hurricane Florence.
For the first week of September, van rates were up 6 cents with a national average of $2.20 per mile. Load-to-truck ratios were higher due to the short Labor Day holiday week.
Reefer rates also increased by 8 cents with a national average of $2.57 per mile. However, the national load-to-truck ratio for reefers saw a slight decline.
Flatbed rates dropped again this month and are now at an average of $2.62 per mile. The rates seem to vary greatly across the country with the lowest near Phoenix with an average of $1.95 per mile and the highest toward the Northeast at almost $4 per mile.
Diesel prices went up slightly over the last month. On September 10, the EIA reported the national average price per gallon was at $3.25 compared to $3.20 on August 20.
For more information on current freight trends, as well as up-to-date news about the trucking industry, visit the trucking news and information page.
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