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
|08/05/19||08/12/19||08/19/19||Week Ago||Year Ago|
|East Coast (PADD 1)||3.055||3.034||3.019||-0.015||-0.188|
|New England (PADD 1A)||3.107||3.073||3.048||-0.025||-0.213|
|Central Atlantic (PADD 1B)||3.233||3.215||3.199||-0.016||-0.181|
|Lower Atlantic (PADD 1C)||2.923||2.904||2.892||-0.012||-0.184|
|Midwest (PADD 2)||2.942||2.924||2.900||-0.024||-0.229|
|Gulf Coast (PADD 3)||2.787||2.763||2.751||-0.012||-0.230|
|Rocky Mountain (PADD 4)||2.965||2.940||2.939||-0.001||-0.410|
|West Coast (PADD 5)||3.605||3.580||3.564||-0.016||-0.142|
|West Coast less California||3.182||3.164||3.158||-0.006||-0.265|
July 26, 2019 – Courtesy of DAT Trendlines
Van Rates – Source Dat.com
Reefer Rates – Source Dat.com
Flatbed Rates – Source Dat.com
July 25, 2019 –
According to the most recent DAT.com trendlines report, national van rate averages are at $1.85 per mile, four cents lower than the June average. The Midwest is the leader with van rates averaging $2.02 per mile. The lowest average rates are in the Northeast at $1.60 per mile. Load-to-truck ratios remain highest in the southern states and lowest throughout the Northern parts of the country.
Reefer freight rates have dropped slightly in July, with a current national average of $2.19 per mile. This is a $.06 decline from the June average. Reefer rates are highest in the West, averaging $2.31 per mile, and lowest in the Northeast, with an average of $1.78 per mile. Current load-to-truck capacity shows decreasing reefer demand across the country. The southern and south-central states show the best ratios.
National average flatbed rates are at $2.28 per mile, as compared to the June average of $2.30 per mile. The highest average rates are in the Southeast at $2.43 per mile, and the lowest is on the west coast, averaging $2.02 per mile. The strongest load-to-truck ratios are in the Southeast and Northwest states, the weakest ratios are in the great lakes region.
July 2019 Freight Rates
|July 22-28 vs July 15-21||June 2019 vs May 2019||June 2019 vs June 2018|
|Spot Market Loads||-8.0%
|Spot Market Capacity||-1.6%||-18.8%||+29.9%|
|Van Rates (Spot)||+0.5%||+5.4%||-18.5%|
|Flatbed Rates (Spot)||-1.0%||+1.0%||-18.4%|
|Reefer Rates (Spot)||-0.2%||+4.9%||-16.9%|
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