This week’s spot market update sees the van load-to-truck ratio dropping back to 2.7 loads per truck on DAT load boards from its prior-week spike to 3.4. That brief reminder of 2014 was mostly due to a relative shortage of trucks during the holidays. A ratio of 2.7 is still very strong, especially for January, DAT says.
It may drift down in the coming weeks.
The hot states map for last week still shows a lull on the West and East Coasts, with more intense demand in the Midwest, Northeast and parts of the South, including Texas. This week’s hot local markets include: Houston, Memphis, Minneapolis, Green Bay and Toledo. Those cities all offer exceptional load volume, coupled with high load-to-truck ratios making negotiation strength possible.
The reefer market showed a more dramatic demand drop following the holiday, at least as measured by load-to-truck ratios, DAT says. The national ratio declined from 9.6 to 6.7 loads per truck. That’s a big drop, but 6.7 is still high compared to 2015 levels this time of year.