Posted on 31 Jan, 2017
Categories: Freight Rates
Van volumes have been pretty solid for the past three weeks. Unlike 2016, the number of available loads hasn’t slipped badly in January, but vans have been easy to find in most parts of the country. That’s led to a seasonal decline in rates on most of the high-traffic lanes. Plus, there isn’t the same urgency with freight right now when you compare it to the retail shipping season from a month ago, when there was a harder deadline for where and when shipments needed to arrive.
Darker-colored states have higher load-to-truck ratios, meaning that there's less competition for van loads in those states.
Since the calendar flipped to 2017, Texas has been the top state for finding van loads. Houston is number 1 for van load posts on DAT TruckersEdge in January, and Dallas is number 2.
Rates below include fuel surcharges and are based on real transactions between brokers and carriers.
Houston was also the one market where the average outbound rate didn’t fall last week. Basically every major van market is down for the month, which isn’t out of the ordinary for this time of year. Still, a couple lanes paid better last week:
- The backhaul lane from Philadelphia to Atlanta paid ▲13¢ better at $1.49/mile (The headhaul from Atlanta to Philly was also up ▲6¢ to $1.99/mile)
- Buffalo to Chicago also improved by ▲10¢, paying $1.36/mile on average, but the headhaul lane from Chicago to Buffalo was down
Lane rates are dropping in general, but not as sharply as in past Januaries. The biggest drops were scattered throughout the country, but they generally came from backhaul markets. That means the inbound rate for these origins is usually higher than the outbound rate.
- Seattle to Salt Lake City fell another ▼21¢ to $1.53/mile
- The lane from Denver to Phoenix was down ▼17¢ to an average of $1.20/mile
- Philly to Buffalo dropped ▼14¢ to $2.08/mile
- Cleveland to Chicago lost ▼13¢ at $1.63/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.