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, a weekly barometer for truck freight moved on the spot market. Roughly a third of the increase occurred in the past two weeks.
Rates for refrigerated and dry vans softened in late January, as severe weather in some markets led to an increased use of equipment types that are not typically seen in winter. For example, increased use of reefers to protect cargo from freezing temperatures led to a 1.6 percent boost in demand for reefers leaving the Dallas area.
Conversely, the Dallas market also exhibited a 4.7 percent decline in van rates, which was the week’s biggest downward trend in truckload pricing nationwide on the spot market, TransCore says.
A more detailed analysis of weekly truckload rate trends can be found on TransCore Trendlines.
Printer Friendly Version
Email This Story
Economy: Related News
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….
1/13/2011 – DOT Freight Index Falls 0.3% in November from October
The U.S. Department of Transportation’s Freight Transportation Services Index fell 0.3 percent in November from its October level, declining after two monthly increases….
1/13/2011 – Moving Group Sees Upturn in Household Moves and Employee Relocations
Private and corporate household relocations continued to increase during the first three quarters of 2010, reflecting the gradual improvement in the overall U.S. economy, according to the latest issue of Industry Trends from the American Moving Storage Association….
1/13/2011 – FTR Says Shipper Index Neutral; Predicts Tightening Carrier Capacity
FTR Associates says while its Shippers Condition Index is currently at neutral, it expects that will shortly change as carrier capacity tightens and the economy comes out of its recent pause….
1/12/2011 – Year-End Surge Reported in Latest Ceridian-UCLA Pulse of Commerce Index
The Ceridian-UCLA Pulse of Commerce Index surged 2.4 percent in December and pushed the PCI above its previous 2010 peak established in May. This performance, combined with November’s 0.4 percent increase, was enough to offset three previous consecutive months of decline….
1/12/2011 – ACT Research: Commercial Vehicle Market Beginning Upcycle
The fundamentals that support heavy-duty commercial vehicle demand are all signaling the start of an upcycle for the market, according to ACT Research Co. …
1/7/2011 – December Class 8 Net Orders Top 25,000
FTR Associates has released preliminary data showing December Class 8 truck total net orders for all major North American OEM’s at 25,247 units, only a slight 3% drop from the strong November activity….
1/6/2011 – BTS: October Surface Trade with Canada and Mexico Tops $70 billion
Trade using surface transportation between the United States and its North American Free Trade Agreement partners, Canada and Mexico, was 14.9 percent higher in October 2010 than in October 2009, reaching $70.6 billion…
1/5/2011 – Texas Leads U.S. in Inbound Migration, Michigan Leads in Outbound Moves
For the sixth year in a row, Texas eclipsed every other state and took the lead as the No. 1 magnet state in 2010, based on Allied Van Lines 43rd Annual Magnet States Report, which tracks U.S. migration patterns….
1/5/2011 – Manufacturing Numbers Point to a Stronger Year Ahead
Tax cuts, renewed consumer confidence, expansion in the manufacturing sector and even a rise in construction spending are all giving the economy a much needed New Year’s boost….