TCI Business Capital is pleased to present the latest trucking news & information for the US freight industry. The news and information are compiled from a variety of sources across the web.
Courtesy of US Energy Information Agency
|09/27/21||10/04/21||10/11/21||Week Ago||Year Ago|
|East Coast (PADD 1)||3.371||3.436||3.562||+0.126||+1.089|
|New England (PADD 1A)||3.299||3.335||3.459||+0.124||+0.881|
|Central Atlantic (PADD 1B)||3.514||3.572||3.705||+0.133||+1.056|
|Lower Atlantic (PADD 1C)||3.288||3.362||3.484||+0.122||+1.152|
|Midwest (PADD 2)||3.326||3.430||3.538||+0.108||+1.263|
|Gulf Coast (PADD 3)||3.142||3.203||3.335||+0.132||+1.187|
|Rocky Mountain (PADD 4)||3.605||3.640||3.673||+0.033||+1.343|
|West Coast (PADD 5)||4.032||4.072||4.133||+0.061||+1.200|
|West Coast less California||3.664||3.717||3.784||+0.067||+1.246|
Sep 14, 2021 – Courtesy of DAT Trendlines
October 2021 Freight Rates
|Oct 04 – Oct 10 vs Sep 27 – Oct 03||Sep 2021 vs Aug 2021||Aug 2021 vs Aug 2020|
|Spot Market Loads||-4.9%
|Spot Market Capacity||+8.7%||-1.2%||+5.8%|
|Van Rates (Spot)||+1.5%||+2.7%||+19.0%|
|Flatbed Rates (Spot)||+0.1%||+0.2%||+27.8%|
|Reefer Rates (Spot)||+1.2%||+2.7%||+25.8%|
For more information on DAT products & services visit DAT.com
Trucking and freight factoring is a type of financing commonly used by fleet owners to improve their cash flow. Factoring is simply the converting or selling of open receivables to a factoring company for immediate cash. Companies using invoice factoring have consistent cash to use towards fuel, payroll, maintenance, and more.
TCI Business Capital has been a leader in trucking and freight factoring since 1994. From the knowledge and experience built up from years of serving clients in the trucking industry, TCI Business Capital offers customized factoring solutions for each client. For more information on our factoring programs, fill out the form on our website or call (800) 707-4845.