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October 2017 Freight Trends
Capacity Remains Tight

October 2017 Freight Trends

October 11, 2017

october 2017 freight trends

October 1 – 7 Freight Capacity Remains Tight

The October 2017 freight trends show that load-to-truck ratios are still high for all three trailer types. The national average van rate has reached a high of $2.09 per mile for the first time since December 2014. Relief and rebuilding efforts in areas affected by Hurricanes Harvey and Irma have put a squeeze on capacity nationwide.

October 2017 Freight Trends

Oct 1-7 vs. Sep 24-30 Sep 2017 vs. Aug 2017 Sep 2017 vs. Sep 2016
Spot Market Loads -3.0% +12% +117%
Spot Market Capacity +1.2% -13% -7.5%
Van Load-To-Truck -7.1% +28% +120%
Van Rates (Spot) +6.1% +11% +22%
Flatbed Load-To-Truck -6.9% +46% +226%
Flatbed Rates (Spot) +1.8% +3.7% +20%
Reefer Load-To-Truck -0.2% +23% +104%
Reefer Rates (Spot) +6.3% +7.2% +17%
Fuel Prices +0.1% +7.3% +16%

*source dat.com

 
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