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
|08/26/19||09/02/19||09/09/19||Week Ago||Year Ago|
|East Coast (PADD 1)||3.003||3.000||2.992||-0.008||-0.254|
|New England (PADD 1A)||3.031||3.027||3.022||-0.005||-0.233|
|Central Atlantic (PADD 1B)||3.186||3.178||3.161||-0.017||-0.246|
|Lower Atlantic (PADD 1C)||2.874||2.874||2.871||-0.003||-0.260|
|Midwest (PADD 2)||2.890||2.874||2.864||-0.010||-0.330|
|Gulf Coast (PADD 3)||2.744||2.740||2.745||+0.005||-0.294|
|Rocky Mountain (PADD 4)||2.936||2.924||2.933||+0.009||-0.434|
|West Coast (PADD 5)||3.556||3.555||3.548||-0.007||-0.198|
|West Coast less California||3.139||3.139||3.131||-0.008||-0.334|
August 23, 2019 – Courtesy of DAT Trendlines
Van Rates – Source Dat.com
Reefer Rates – Source Dat.com
Flatbed Rates – Source Dat.com
August 23, 2019 –
According to the most recent DAT.com trendlines report, national van rate averages are at $1.81 per mile, three cents lower than the July average. The Midwest is the leader with van rates averaging $2.00 per mile, and the lowest average rates are in the Northeast at $1.61 per mile. Load-to-truck ratios remain highest in the south-central states and lowest in the northwest.
Reefer freight rates continue to drop, with a current national average of $2.14 per mile. This is a five-cent decline from the July average. Reefer rates are highest in the Midwest, averaging $2.39 per mile, and lowest in the Northeast, with an average of $1.84 per mile. Current load-to-truck capacity shows reefer demand is highest along the Mississippi River corridor and lowest west of the Rockies.
National average flatbed rates are at $2.21 per mile, compared to the July average of $2.27 per mile. The highest average rates are in the Midwest at $2.37 per mile, and the lowest is on the west coast, with an average of $2.00 per mile. The strongest load-to-truck ratios are in the Southeast and Northwest states, the weakest ratios are in the Midwest and great lakes region.
August 2019 Freight Rates
|Aug 26-Sep 01 vs Aug 19-25||Aug 2019 vs Jul 2019||Aug 2019 vs Aug 2018|
|Spot Market Loads||+7.2%
|Spot Market Capacity||-2.4%||-0.4%||+12.8%|
|Van Rates (Spot)||+2.7%||-1.5%||-15.1%|
|Flatbed Rates (Spot)||+1.1%||-3.0%||-16.6%|
|Reefer Rates (Spot)||+2.0%||-1.9%||-13.8%|
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