The first week of January was all a matter of perspective. Rates opened 2017 higher than they did 2016 – and higher than the December average – but prices were down in pretty much every major van market when compared to the past couple of weeks.
Darker-colored states have higher load-to-truck ratios, meaning that there's less competition for van loads in those states.
On the upside, load counts rose slightly. Volumes were up in Los Angeles, Atlanta, Houston and Memphis, and pressure from higher fuel prices kept the national average van rate up. Winter weather will likely play a role with rates this week.
All rates below include fuel surcharges and are based on real transactions between carriers and brokers.
The markets where rates didn’t fall were mostly those that didn’t finish 2016 on a high note, places like Denver and Stockton, CA. And while Allentown, PA was down last week, it’s still up ▲4% from a month ago.
- Chicago to Buffalo paid ▲36¢ better, at an average of $2.77/mile -- but other lane rates declined out of Chicago, so this exception could be due to tough conditions in Buffalo.
- Same story for the lane from Philadelphia to Buffalo, though it was up a more modest ▲9¢ to $2.29
- Outbound Denver van rates were already scraping bottom, so the lane to Phoenix had nowhere to go but up. It gained ▲9¢, to $1.29/mile
The Midwest and West Coast saw some big drops last week.
Headhaul lanes out of Chicago took a hit:
- Chicago to Columbus lost ▼36¢ to $2.42/mile
- Chicago to Denver fell ▼24¢ to $2.26/mile
It was the same story out of Columbus:
- The lane to Allentown was down ▼26¢ to $2.75/mile
- Columbus to Buffalo fell ▼29¢ to $2.73
- Columbus to Atlanta slipped ▼23¢ to average an even $2.00/mile
Out West, the van loads going from Los Angeles to Denver paid ▼32¢ less at $2.22/mile. Seattle to Eugene, OR, fell ▼23¢ to $2.24/mile. Weather could have been a factor in both cases, with heavy rains in California and snow in parts of Oregon last week.
See what other truckers got paid on the lanes you run by signing up for TruckersEdge Enhanced. You'll see the average prices paid on more than 65,000 lanes, based on real transactions between brokers and carriers. To add rates to your TruckersEdge subscription, call 866.487.8253.