Tag: indicators: Page 2

Reefer rates continue ticking up ahead of holiday

Demand for reefer and van capacity is building with the calendar year drawing to a close. In marked contrast to the previous week, the number of available loads jumped 6.7 percent overall, while the number of trucks fell 2.2 percent last week — rates could be expected to move up accordingly with such a demand boost.

November 21, 2018

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Spot reefer rates on bit of a rebound in the last week

Meanwhile, a “bubble” of van freight moved east from Los Angeles, where ports have seen an influx of Asian imports in recent weeks. A closer look at when to potential expect Columbus, Ohio, outbound demand metrics to favor owner-ops.

November 16, 2018

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Spot van rates hit low for the year

On the top 100 van lanes, 64 lanes showed lower average rates last week, 29 were higher, and seven were unchanged. Also: Trends and key markets for van, flat and reefer segments.

October 25, 2018

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Spot market: Where it’s hot and not for dry vans, reefers, flatbeds

The latest in the last week: Capacity is slowly returning to the spot market judging by a generally growing number of truck posts on DAT load boards, the company says, but trucks are still showing as in short supply in many parts of the country. That’s kept rates high.

June 27, 2018

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Overdrive Extra

Hot economy pushes flatbedders’ income way above their peers

ATBS averages for independents and dry van haulers in 2017 were close to $60,000, but reefer haulers averaged only $49,267.

February 8, 2018

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Rates up: A result of last week’s ELD protests?

Rates haven’t been as good as they were last week since the Snowpocalypse of 2014, notes DAT’s Ken Harper. But before you attribute that to the number of owner-operators who shut down last week in solidarity with ELD protests around the country, consider truck posts on DAT boards weren’t off by much. Reefer, van demand updates here.

October 11, 2017

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Freight and trucker pay should get a boost in 2017, analyst says

Strong indications of growth in the economy in 2017 should put upward pressure on freight volume and trucker pay, says Bob Costello, chief economist for the American Trucking Associations.

February 23, 2017

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State of freight: Market pressure on driver pay stalled?

Though recent years have shown better trends, with pay rising fairly sharply for company drivers and independents alike, there’s evidence from carrier surveys that such increases have now lulled. Lower volume expectations indicate increases in driver pay could be limited in 2016.

February 11, 2016

The above could represent what Perry considers a “reasonable forecast for the year, but at the same time, you better be cautious” of downside risks, of which anyone paying attention to the stock markets around the world will be well aware. A significant global slowdown could bring the U.S. along for the ride. 2017, he added, shows much weaker in the graph given downside risks becoming more prominent in the wider global economy. The 2017 picture is what this year could look like if downside pressures build enough, he added, in which case “we’re talking down to 1 percent growth, not three percent.”

Spot market rates, volume: Hot markets for van and reefer across Midwest, South

The brief “reminder of 2014” we got in last week’s spot market update in the very high van load-to-truck ratio came back down to earth this, though it’s still high for this time of year.

January 14, 2016

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Probability of recession in 2016 small, say analysts

At once, some put the probability of a true recession by 2018 around 80 percent. “Go long with your shippers” to solidify relationships, panelists at Truckstop.com’s user conference urge.

November 11, 2015

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Where freight’s hot and not: National van, flat, reefer demand update

Nationally, demand for owner-operators pulling dry van rose with load availability, but reefer and flatbed both showed declines in DAT’s load-board network.

November 5, 2015

Spot market van load availability, after weeks of flat or declining numbers on DAT Load Boards, rose 8.4 percent last week, the company reports. Truck posts declined 2.2 percent, pushing the national load-to-truck ratio up from 1.3 to 1.5. For the month of October, load posts were down 11 percent compared to September, but demand remained high in the Pacific Northwest agricultural markets, as shown in this map. A relative shortage of trucks also led to higher ratios in the Dakotas and in Missoula, Mont., but demand there was more subdued.

Reefer market update: Rates, demand tumble nationally, with some bright spots in local markets

National average reefer rates continued to show declines last week, but outbound rates continue to trend up in key agricultural markets, including Grand Rapids, Mich.; McAllen, Texas; and Nogales, Ariz..

October 14, 2015

Demand for reefers moved commensurate with the rate decline, slipping 13 percent on the spot market last week following an end-of-quarter surge in the previous week, and truck capacity added 2 percent. That combination led to a 15 percent overall decline in the national average load-to-truck ratio, from 4.6 to 3.9 loads per truck on DAT Load Boards. Compared to Overdrive‘s last update on the segment, that’s a decline from 5.2 loads per truck, or more than 20 percent.

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