Flatbed demand improved last week, and flatbed rates held steady, but vans and reefers lost traction. Diesel prices fell 3 cents to just under $2.01 per gallon, an 11-year low.
Freight Trends February 2016
|1/31-2/6 vs. 1/24-1/30||Jan 2016 Vs. Dec 2015||Jan 2016 vs Jan 2015|
|Spot Market Loads||-5.6%||-7.2%||-33%|
|Spot Market Capacity||+2.5%||-4.2%||+6.5%|
|Van Rates (Spot)||-1.8%||-2.9%||-14%|
|Flatbed Rates (Spot)||+0.0%||-2.6%||-15%|
|Reefer Rates (Spot)||-1.6%||-3.1%||-14%|
Data source dat.com
View January’s freight trends here.
TCI Business Capital is a privately held financial services company founded in 1994. The company is headquartered in Burnsville, Minnesota, with operations in Calgary, Alberta, Canada. TCI Business Capital 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 TCI on the web at www.tcicapital.com.