Fuel surcharges affect van spot rates; reefers and flatbeds go up

| Wednesday, January 07, 2015

Declining fuel surcharges resulted in a small drop for vans for spot rates for the week ending Jan. 3 compared with the prior week, according to DAT Solutions, which operates the DAT network of load boards. Reefers and flatbeds had a small gain.

Van rates dropped a penny to $2.07. Los Angeles and Chicago experienced rates as high as $2.42 and $2.31, respectively. Rates for the month of December are up 7.2 percent from last year. Load-to-truck ratios went up 30 percent after a week of decline to 4.3 loads per truck. Several states – including Nevada, New Mexico, Ohio and New York – have a load-to-truck ratio greater than 5.5.

Reefer rates managed to increase 2 cents to $2.38 compared with the previous week. Green Bay rates were as high as $3.11, whereas Lakeland, Fla., had low rates of $2.02. Compared with last December, reefer rates are up 14 percent. Load-to-truck ratios increased by 37 percent to 13.9 from 10.2 in the previous week. Nevada, New Mexico, Ohio, New York and several more states had ratios in excess of 12 loads per truck.

Flatbed rates went up a penny to $2.31. Harrisburg, Pa., had a high rate of $3.98. Phoenix marked a low rate of $1.85. Rates are down 0.9 percent for the month, but are up 5.5 percent in the last 12 months. There were 22.9 loads per truck for flatbeds, a 24 percent increase from last week. As with reefer and van loads, Nevada, New Mexico, Ohio, and New York were among a handful of states with higher ratios of 18 loads per truck or more.

Copyright © OOIDA

Comments