Van rates nationwide increased 2.6 percent in the last two weeks as markets affected by recent winter storms recovered.
According to TransCore Trendlines, a weekly barometer for truckload freight moved on the spot market, three major markets led this upward trend: Philadelphia up 5.2 percent, Atlanta up 4.8 percent and Chicago up 3.9 percent.
Rates for flatbed trucks moved up 1.2 percent in the second half of February and are now slightly ahead, up 0.2 percent of year-end levels. Rates for all equipment types continue to decline in Los Angeles, but not as steeply as in January. Rates typically reverse in March on outbound freight from Southern California.
A more detailed analysis of weekly truckload rate trends and spot freight volume can be found on TransCore Trendlines, published weekly with key indicators from the more than 60 million loads and trucks listed annually on TransCore’s DAT Network of load boards by freight brokers, 3PLs, shippers and carriers across the U.S.
Economy: Related News
3/2/2011 – TransCore Reports Van and Flatbed Rates Continue to Rise
Van rates nationwide increased 2.6 percent in the last two weeks as markets affected by recent winter storms recovered. …
3/2/2011 – North American Surface Trade Up Nearly 14% Year Over Year in December
Trade using surface transportation between the United States and its North American Free Trade Agreement partners Canada and Mexico was 13.8 percent higher in December 2010 than in December 2009, reaching $66.5 billion, according to the Bureau of Transportation Statistics of the U.S. Department of Transportation. …
3/1/2011 – FTR’s Trucking Conditions Index Continues to Improve
FTR’s Trucking Conditions Index, as reported in the March Trucking Update, rose to 9.1 in January from a December reading of 7.1….
2/25/2011 – TransCore: Backhaul Freight Market Remains Steady
TransCore’s DAT Network of load boards showed modest growth the week of February 14, following a dramatic increase in van and reefer freight the week of February 7….
2/24/2011 – ATA: Truck Tonnage Index Surged 3.8 Percent in January
The American Trucking Associations’ advance seasonally adjusted For-Hire Truck Tonnage Index increased 3.8 percent in January after rising a revised 2.5 percent in December 2010….
2/17/2011 – TransCore Reports Record Spot Market Volumes
According to TransCore’s North American Freight Index, spot market freight volume was the highest in the company’s 30-year history for the month of January….
2/16/2011 – FTR Shippers Condition Index Reflects Tightening Capacity
FTR Associates has lowered its Shippers Condition Index to reflect tightening carrier capacity, particularly in the truckload sector….
2/15/2011 – Forecast: A Long Climb Out of Recession but a Busy Couple of Years for Trucking
It’s going to take many years to rebuild the economy from the Great Recession, but there are positive signs for the near term, and the outlook is good for trucking over the next couple of years, says economist Noel Perry, senior consultant for FTR Associates….
2/15/2011 – Van Rates Beginning to Rise After Month-long Decline
TransCore’s Truckload Rate Index is showing some positive signs in early February after lack-luster January….
2/11/2011 – January Ceridian-UCLA Pulse of Commerce Index Posts 14th Consecutive Month of Year-over-Year Growth
The Ceridian-UCLA Pulse of Commerce Index fell 0.3 percent in January, giving up some, but retaining much of December’s exceptional 1.8 percent sequential gain….
2/10/2011 – Freight Transportation Services Index Up 1.5% in December from November
The Freight Transportation Services Index rose 1.5 percent in December from its November level, rising after one monthly decline, the U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS) reported today….
2/9/2011 – TransCore’s North American Freight Index Records Highest January Volumes Ever
January spot-market freight availability increased 62 percent over January 2010 volumes, according to TransCore’s North American Freight Index….
2/8/2011 – TransCore Says Average Linehaul Rate Back to December Level of $1.55 per Mile
A 2.1 percent increase in flatbed rates nationwide brought the average line haul rate back up to December levels of $1.55 per mile, according to TransCore Truckload Trendlines…
2/7/2011 – January Cass Freight Index up 27% Year Over Year
According to the Cass Freight Index, freight shipments declined in January for the second consecutive month, but were higher than levels for the same period in 2010. …
2/2/2011 – FTR’s Trucking Condition Index Increases to New High
FTR’s Trucking Condition Index rose to 7.1 in December, the highest level yet recorded during the current recovery….
1/26/2011 – ATA Tonnage Index Jumps 2.2 Percent
The American Trucking Associations’ advance seasonally adjusted For-Hire Truck Tonnage Index increased 2.2 percent in December after falling a revised 0.6 percent in November. The latest improvement put the index at its highest level since September 2008….
1/18/2011 – Economy, Trucking Looking Up for 2011
A string of economic experts and industry analysts offered a more optimistic look at the economic and trucking industry outlook for 2011 — albeit with some downsides — during the annual Heavy Duty Dialogue event put on Monday by the Heavy Duty Manufacturers Association in Las Vegas….