Rates usually drop in January, and this year has been no different. The plus side is that we're coming off what was probably the strongest month for freight in 2016. Still, rates in every major van market are down compared to December.
The number of available van loads posted on DAT TruckersEdge is still strong for this time of year, though. There's less contract freight moving right now. When that happens, there are more trucks from big carriers available on the load board, which tends to drive prices down.
Rates in the Southeast could be affected by the tornadoes that ripped across Georgia and Mississippi. Hopefully the relief efforts there are swift, our thoughts are with the families that have been hit by tragedy.
Darker-colored states have higher load-to-truck ratios, meaning that there's less competition for van loads in those states.
There's been more freight moving out of Houston. California still looks light in the Hot States Map above because there were enough trucks available to pick up the extra freight that's been shipping out of there. Volumes were up big in Stockton, CA, last week, likely because sections of I-80 were reopened and loads that had been stuck were able to finally move.
The Hot States Map above shows that load-to-truck ratios are high in states like Maine, Wyoming, and the Dakotas, but load posts in those areas are more moderate. The lower number of trucks in those areas is what turns them dark on the map.
Rates below include fuel surcharges and are based on real transactions between brokers and carriers.
Not many. Two of the bigger increases were on lanes that were rebounding after some big drops recently.
- Chicago to Buffalo paid ▲12¢ better, with an average rate of $2.41/mile
- Buffalo to Charlotte was up ▲9¢ to $1.75/mile
The holiday retail season is now fully in the rearview. The Midwest and Northeast are slumping, along with much of the West Coast.
- Denver to Stockton plunged ▼36¢ to $1.44/mile, which is more typical for that lane
- Seattle to Salt Lake City also fell to a more normal level at $1.65/mile.
- Out East, the lane from Columbus to Allentown fell ▼18¢ to an average of $2.68/mile
- Charlotte to Buffalo was also down ▼18¢ to $2.13/mile
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.