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Out West, Fresno and nearby Sacramento were off for this time of year. The lane from Fresno to Denver was down 21¢ to $2.01/mile, and the average reefer rate for Sacramento to Salt Lake City fell 20¢ to $2.27/mile. Spot market rates were up last week, but volumes fell. Hurricane Matthew likely played a role in both of those factors. MORE
As an educator, Susie has been an adjunct lecturer of supply chain management for the Executive MBA program at California State University in Fresno. Susie Bodnar is part of the generation that is driving supply chain innovation forward. She is a 15-year logistics veteran, educator, consultant, and an active volunteer with the Council of Supply Chain Management Professionals (CSCMP). She is VP of Membership for the CSCMP Chicago Roundtable and was the 2019 CSCMP Edge conference chair. MORE
Out of California , Fresno outbound pricing jumped 4.4% Reefer rates usually dip around Easter, when the urgency to get fresh shipments into stores before the holiday fades. That wasn't the case last week, though. Volumes were down, but prices weren't. Easter also happened to be on April 1 this year, the first day in which trucks could be placed out of service for not having an electronic logging device (ELD) installed. MORE
Projections for Central California produce are still strong for June, so we’re keeping an eye on the Fresno market, but those shipping gaps meant that rates didn’t continue their upward trend on many of the top reefer lanes. Last week, the national load-to-truck ratio for vans was the highest it's been since March 2014. That was back when demand for trucks skyrocketed because extreme winter weather caused massive disruption to supply chains. MORE
Fresno to Baltimore fell 29¢ at $2.41/mile. Reefer activity picked up after Thanksgiving, but not nearly as much as dry van freight. Right now, retail and e-commerce are driving trends in the transportation industry, which has lifted van rates, but prices fell on a lot of the major reefer lanes. Demand for reefers could heat up again as we get closer to Christmas. MORE
Out of California , volumes were flat, with higher load counts out of the Fresno area offset by declines farther south. Outbound averages fell in N ogales and Fresno , but that had more to do with a change in where the freight was going. The end of the month didn’t bring the upward bump that we typically see when shippers try to move goods before closing their books. Severe weather might have played a part, with storms and flooding across East Texas and many southern states. MORE
Fresno and Sacramento have lots of loads, too. There were a lot of loads available in California, though, especially outbound from Los Angeles, Fresno , and Ontario , which is the gateway to the "inland empire" of agricultural markets in the Imperial and Coachella Valleys. Shippers and freight brokers are singing a Merle Haggard classic this week, to their van and reefer BFFs: "L.A. MORE
The vehicles have a range of up to 75 miles and primarily will deliver packages to customers in Sacramento, San Bernardino, Ceres, Fresno and Bakersfield. Schools are closed, the roads are empty, and we’re all just waiting for the blizzard to arrive. It’s a stay-at-home-in-your-pajamas kind of day, my favorite. And the fact that it’s Friday makes it even better. MORE
Out of California, Fresno to Denver rates hit $2.39, up 30¢ from the week before. Van rates rose all across the country last week, following Hurricane Harvey. The national average van rate jumped up 12¢ to $1.90 per mile, and they are continuing to rise this week, as well Outbound prices rose last week in every major van market, while 78 of the top 100 van lanes had higher rates, compared to the pre-Harvey week. MORE
Fresno volumes were down unexpectedly, and so were load counts out of the Ontario market in Southern California and along the border in Nogales, AZ. Out West, Fresno to Denver lane rates two weeks ago, but fell 56¢ last week, to an average of $2.58 Although load-to-truck ratios for reefers dipped last week, rates held steady at their highest point in almost two years. MORE
Rates were up slightly in Fresno , but available loads dropped by 23%. Late January is typically a time for lower rates and less demand, but spot market volumes haven't fallen off sharply like they did around this same time a year ago. Still, prices have been in a slow and steady decline in many major van and reefer markets. Load-to-truck ratios are highest for vans in the darker red areas on the Hot States Map, above. HOT MARKETS. MORE
On Wednesday Amazon announced “the expansion of Prime FREE Same-Day Delivery to even more metro areas including Charlotte, Cincinnati, Fresno, Louisville, Milwaukee, Nashville, Raleigh, Richmond, Sacramento, Stockton, and Tucson, plus new areas in Central New Jersey, Dallas-Fort Worth, Los Angeles, and San Diego.” Back in December, we welcomed two new members to our family: Milo and Otis, guinea pig brothers we adopted. MORE
This year alone, Amazon announced new fulfillment centers in Eastvale, Redlands, Fresno and most recently Sacramento, where the Seattle company said it would hire 1,500 workers. Friday in 5 – interesting news bits from around the supply chain horn, served up in one spot to keep you up to date. MORE
The best news was out of Fresno , where volumes stayed steady from the previous week, even though last week was just a 4-day work week. Outbound rates tumbled in Sacramento , so you’d be better off hauling out of Fresno this time of year. It's not uncommon for us to see a slump in rates after Memorial Day, but that wasn’t the case last week. Spot market rates continued their upward trend after the holiday, and retail shipments boosted prices on a few lanes. MORE
Things are heating up in California, with lots of loads rolling out of Fresno , and a big rebound under way in Sacramento. Prices surged in the major van markets last week, despite the fact that the national average van rate dipped 1¢ per mile. The annual Roadcheck inspection blitz also happened last week, and rates have risen in the past during Roadcheck week. A lot of truckers prefer to take those days off, and others lost time because of the inspections. MORE
A 23% increase in loads moved out of Fresno was led by a surge of freight on the lane from there to Seattle, coupled with a 17-cent boost to the average rate per mile. Fresno to Seattle gained 17¢ to $2.57/mi. It looks like we'll have to wait a little longer for a spring surge. The spot market appeared heading for a rebound early in March, but a number of unexpected events have kept rates in check. MORE
Reefer produce failed to climb at the end of July, due in part to a sharp decline in volumes from Fresno California and Texas remain in flux with overall volumes roughly the same the last several weeks. MORE
Reefer load counts were up in Sacramento , while outbound rates popped out of Fresno. Spring produce has gotten off to a slow start this year. The momentum had been building in Florida and Texas , but that stalled a bit last week. Reefer demand did pick up steam out of California , though, and rates responded out of three major markets. On the top 72 reefer lanes, the average rate paid to carriers rose on 37 of them, while prices fell on 31. MORE
Out West, the extra-long haul from Fresno to Boston rose 29¢ to $2.41/mile. Thanksgiving is right around the corner, so trucks are still in high demand to move refrigerated freight. Just like with dry van freight , reefer capacity tightened in the first week of November, meaning that shippers and brokers had a harder time finding trucks to move those reefer loads. That pushed rates higher in many areas, especially out of Chicago and California. MORE
For example, look for rates to rise in Fresno instead of L.A. , Reefer freight volume is building in Fresno , so look for rates to trend up there, even as volume and rates decline in L.A. The typical July lull began last week, which is a little later than expected. Load availability and rates dropped from the previous week, but rates are still well above June averages for van and reefer freight. That’s good news. MORE
Volumes were up in California , especially out of Fresno. Reefer demand and rates declined steadily throughout February, which is a pretty typical spot market trend. The declines in reefer rates were steeper than the similar declines in van rates, but reefer prices were also extremely elevated heading into the month. The national average spot market rate for reefers was down again last week at $2.40/mile, but that's still higher than the average reefer contract rate. MORE
We did get the expected bump in rates out of Fresno though, and California produce shipments are expected to remain strong at least until the 4th of July. A few lanes out of California crossed the $3 mark: The biggest jump in price was on the lane from Fresno to Denver , which surged 61¢ to $3.14/mile. Refrigerated freight was met with tight capacity last week, with the annual Roadcheck inspection blitz taking many trucks off the road. MORE
Most parts of California are shipping more loads, especially the Fresno market in central California. Even though rates are slow to respond, freight volumes are rising as we get closer to the fall holidays of Halloween and Thanksgiving. MORE
Central California produce returned in a big way last week, and outbound reefer rates soared 13% in Fresno. Fresno to Denver surged 52¢ to $2.70/mile on average. Fresno to Chicago was up 35¢ to $2.16/mile. Rates on the top 100 van lanes showed the strongest surge of the year. Freight patterns showed increased retail trade ahead of Memorial Day weekend, and since some drivers finished the week up early ahead of the holiday weekend, capacity also tightened. MORE
On average, outbound lanes from Fresno, CA , soared 13%. Lately, the spot market for refrigerated freight has looked a lot more like June than November. Last week, the national average reefer rate hit $2.40 per mile, its highest mark in 3 years. Fresh produce often drives the demand for reefer freight, and this year, wet fields and high summer temps led to late planting and lower yields out of California. Now, reefer freight seems to be everywhere. MORE
Fresno to Seattle was up 30¢ to $2.80/mile. Seasonal harvests are winding down, but capacity is still tight for reefer freight. That’s led to higher reefer rates on the West Coast and in the Midwest. Potato shippers seem to be feeling the effects of the ELD protests that have been scattered across the country. MORE
Freight volumes were up more than 20% in the Lakeland, Florida market, as well as in Sacramento and Fresno , California. Fresno to Denver surged 40¢ to $2.24/mi. Fresno to Boston gained 19¢ to $2.23/mi. Despite an increase in freight volumes, national average rates slipped again last week for vans and reefers. Even the arrival of produce season in several southern markets wasn't enough to boost national averages. MORE
Western produce picked up in nearly every market, led by gains in Twin Falls, ID and Fresno in Central California. Fresno to Denver added 20¢ to hit $3.18/mile. MORE
Fresno to Denver fell 15¢ to $2.32/mi. It's been a slow spring for fresh produce, but there are some hot spots, especially in the southernmost states. Freight volumes surged about 25% out of both Miami and Lakeland, FL, and some lanes about of Florida saw rates jump as much as 85¢ per mile. That helped boost the national average reefer rate to $2.18/mi., which is 3¢ higher than the April average. Here's what's happening in some of the top reefer markets. MORE
HOT MARKETS: The biggest changes last week were in California, where reefer freight finally started to move out of Fresno and Sacramento in serious quantities, but load counts fell sharply in L.A. Reefer rates rose 10¢ per mile in June, compared to May, landing at $2.12, the highest monthly average in almost two years. Load availability was up 30% compared to May, and 84% compared to June 2015. MORE
While the Lakeland, FL market was a big winner last week — gaining over 20% more volume — those gains were more than offset by a week-over-week slump in other major reefer markets, including Fresno, Nogales, Boise and much of the Midwest. The Lakeland, FL market had an impressive increase in freight, but Fresno and Nogales both dipped lower and canceled Florida's gains. MORE
Fresno volumes were up, but other parts of California went softer. Fresno to Seattle lost 18¢ to $2.36/mi. Van and reefer rates continue to move sideways. Refrigerated produce freight has been notably absent from the picture, so that likely has some reefers competing for van freight. There was very little price movement up or down last week and rates — and fuel prices — remain stable. MORE
In California, volume and rates revved up for reefers in Los Angeles , and prices rose for outbound reefer loads in nearby Ontario , as well as the Fresno and Sacramento markets. Peak season for Florida seems to have come to a close, and reefer rates responded accordingly. Prices out of Miami and Lakeland plummeted, but the ripple effects also led to higher outbound rates in Atlanta , as prices adjust and demand shifts northward to Georgia produce. MORE
More loads left Fresno last week, too, but the volume hasn’t been high enough to change pricing very much. The national average for reefer rates stayed put at $2.07 per mile last week, but pricing got rearranged by region. The dark areas on the Hot States Map above are areas where the load-to-truck ratio is highest for reefers. As you can see, demand for reefers continues to accelerate in the Midwest. That's a normal trend for this time of year. MORE
Mark Montague's recent blog post Top Ten Freight Markets for Contract and Spot Freight , revealed that the key market areas of Ontario and Fresno, California made the list of 2016 Top 10 Reefer Markets for both contract and spot market freight. Even with the 2016 drought, Ontario and Fresno ranked in the top 10 reefer markets in 2016 for both spot and contract freight (Source: DAT RateView ). California's weather—good or bad—has a major impact on truckload capacity. MORE
This year alone, Amazon announced new fulfillment centers in Eastvale, Redlands, Fresno and most recently Sacramento, where the Seattle company said it would hire 1,500 workers. Friday in 5 – interesting news bits from around the supply chain horn, served up in one spot to keep you up to date. MORE
Fresno Related Topics DAT Solutions
AUGUST 6, 2019
Reefer produce failed to climb at the end of July, due in part to a sharp decline in volumes from Fresno California and Texas remain in flux with overall volumes roughly the same the last several weeks.
DAT Solutions
OCTOBER 11, 2017
Fresno to Seattle was up 30¢ to $2.80/mile. Seasonal harvests are winding down, but capacity is still tight for reefer freight. That’s led to higher reefer rates on the West Coast and in the Midwest. Potato shippers seem to be feeling the effects of the ELD protests that have been scattered across the country.
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Talking Logistics
APRIL 8, 2016
On Wednesday Amazon announced “the expansion of Prime FREE Same-Day Delivery to even more metro areas including Charlotte, Cincinnati, Fresno, Louisville, Milwaukee, Nashville, Raleigh, Richmond, Sacramento, Stockton, and Tucson, plus new areas in Central New Jersey, Dallas-Fort Worth, Los Angeles, and San Diego.” Back in December, we welcomed two new members to our family: Milo and Otis, guinea pig brothers we adopted.
DAT Solutions
APRIL 15, 2019
Freight volumes were up more than 20% in the Lakeland, Florida market, as well as in Sacramento and Fresno , California. Fresno to Denver surged 40¢ to $2.24/mi. Fresno to Boston gained 19¢ to $2.23/mi. Despite an increase in freight volumes, national average rates slipped again last week for vans and reefers. Even the arrival of produce season in several southern markets wasn't enough to boost national averages.
Requis
JUNE 25, 2020
As an educator, Susie has been an adjunct lecturer of supply chain management for the Executive MBA program at California State University in Fresno. Susie Bodnar is part of the generation that is driving supply chain innovation forward. She is a 15-year logistics veteran, educator, consultant, and an active volunteer with the Council of Supply Chain Management Professionals (CSCMP). She is VP of Membership for the CSCMP Chicago Roundtable and was the 2019 CSCMP Edge conference chair.
DAT Solutions
APRIL 2, 2019
While the Lakeland, FL market was a big winner last week — gaining over 20% more volume — those gains were more than offset by a week-over-week slump in other major reefer markets, including Fresno, Nogales, Boise and much of the Midwest. The Lakeland, FL market had an impressive increase in freight, but Fresno and Nogales both dipped lower and canceled Florida's gains.
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DAT Solutions
APRIL 8, 2019
Fresno volumes were up, but other parts of California went softer. Fresno to Seattle lost 18¢ to $2.36/mi. Van and reefer rates continue to move sideways. Refrigerated produce freight has been notably absent from the picture, so that likely has some reefers competing for van freight. There was very little price movement up or down last week and rates — and fuel prices — remain stable.
DAT Solutions
NOVEMBER 13, 2018
Western produce picked up in nearly every market, led by gains in Twin Falls, ID and Fresno in Central California. Fresno to Denver added 20¢ to hit $3.18/mile.
DAT Solutions
SEPTEMBER 5, 2017
Out of California, Fresno to Denver rates hit $2.39, up 30¢ from the week before. Van rates rose all across the country last week, following Hurricane Harvey. The national average van rate jumped up 12¢ to $1.90 per mile, and they are continuing to rise this week, as well Outbound prices rose last week in every major van market, while 78 of the top 100 van lanes had higher rates, compared to the pre-Harvey week.
DAT Solutions
OCTOBER 11, 2016
Out West, Fresno and nearby Sacramento were off for this time of year. The lane from Fresno to Denver was down 21¢ to $2.01/mile, and the average reefer rate for Sacramento to Salt Lake City fell 20¢ to $2.27/mile. Spot market rates were up last week, but volumes fell. Hurricane Matthew likely played a role in both of those factors.
DAT Solutions
JUNE 20, 2017
Fresno volumes were down unexpectedly, and so were load counts out of the Ontario market in Southern California and along the border in Nogales, AZ. Out West, Fresno to Denver lane rates two weeks ago, but fell 56¢ last week, to an average of $2.58 Although load-to-truck ratios for reefers dipped last week, rates held steady at their highest point in almost two years.
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DAT Solutions
JUNE 13, 2017
We did get the expected bump in rates out of Fresno though, and California produce shipments are expected to remain strong at least until the 4th of July. A few lanes out of California crossed the $3 mark: The biggest jump in price was on the lane from Fresno to Denver , which surged 61¢ to $3.14/mile. Refrigerated freight was met with tight capacity last week, with the annual Roadcheck inspection blitz taking many trucks off the road.
DAT Solutions
FEBRUARY 24, 2017
Mark Montague's recent blog post Top Ten Freight Markets for Contract and Spot Freight , revealed that the key market areas of Ontario and Fresno, California made the list of 2016 Top 10 Reefer Markets for both contract and spot market freight. Even with the 2016 drought, Ontario and Fresno ranked in the top 10 reefer markets in 2016 for both spot and contract freight (Source: DAT RateView ). California's weather—good or bad—has a major impact on truckload capacity.
Talking Logistics
FEBRUARY 8, 2013
The vehicles have a range of up to 75 miles and primarily will deliver packages to customers in Sacramento, San Bernardino, Ceres, Fresno and Bakersfield. Schools are closed, the roads are empty, and we’re all just waiting for the blizzard to arrive. It’s a stay-at-home-in-your-pajamas kind of day, my favorite. And the fact that it’s Friday makes it even better.
DAT Solutions
MARCH 26, 2019
A 23% increase in loads moved out of Fresno was led by a surge of freight on the lane from there to Seattle, coupled with a 17-cent boost to the average rate per mile. Fresno to Seattle gained 17¢ to $2.57/mi. It looks like we'll have to wait a little longer for a spring surge. The spot market appeared heading for a rebound early in March, but a number of unexpected events have kept rates in check.
DAT Solutions
DECEMBER 4, 2018
Fresno to Baltimore fell 29¢ at $2.41/mile. Reefer activity picked up after Thanksgiving, but not nearly as much as dry van freight. Right now, retail and e-commerce are driving trends in the transportation industry, which has lifted van rates, but prices fell on a lot of the major reefer lanes. Demand for reefers could heat up again as we get closer to Christmas.
DAT Solutions
JUNE 7, 2016
The best news was out of Fresno , where volumes stayed steady from the previous week, even though last week was just a 4-day work week. Outbound rates tumbled in Sacramento , so you’d be better off hauling out of Fresno this time of year. It's not uncommon for us to see a slump in rates after Memorial Day, but that wasn’t the case last week. Spot market rates continued their upward trend after the holiday, and retail shipments boosted prices on a few lanes.
DAT Solutions
MAY 6, 2019
Fresno to Denver fell 15¢ to $2.32/mi. It's been a slow spring for fresh produce, but there are some hot spots, especially in the southernmost states. Freight volumes surged about 25% out of both Miami and Lakeland, FL, and some lanes about of Florida saw rates jump as much as 85¢ per mile. That helped boost the national average reefer rate to $2.18/mi., which is 3¢ higher than the April average. Here's what's happening in some of the top reefer markets.
DAT Solutions
OCTOBER 10, 2018
Most parts of California are shipping more loads, especially the Fresno market in central California. Even though rates are slow to respond, freight volumes are rising as we get closer to the fall holidays of Halloween and Thanksgiving.
DAT Solutions
APRIL 24, 2018
Reefer load counts were up in Sacramento , while outbound rates popped out of Fresno. Spring produce has gotten off to a slow start this year. The momentum had been building in Florida and Texas , but that stalled a bit last week. Reefer demand did pick up steam out of California , though, and rates responded out of three major markets. On the top 72 reefer lanes, the average rate paid to carriers rose on 37 of them, while prices fell on 31.
DAT Solutions
NOVEMBER 21, 2017
On average, outbound lanes from Fresno, CA , soared 13%. Lately, the spot market for refrigerated freight has looked a lot more like June than November. Last week, the national average reefer rate hit $2.40 per mile, its highest mark in 3 years. Fresh produce often drives the demand for reefer freight, and this year, wet fields and high summer temps led to late planting and lower yields out of California. Now, reefer freight seems to be everywhere.
DAT Solutions
NOVEMBER 8, 2017
Out West, the extra-long haul from Fresno to Boston rose 29¢ to $2.41/mile. Thanksgiving is right around the corner, so trucks are still in high demand to move refrigerated freight. Just like with dry van freight , reefer capacity tightened in the first week of November, meaning that shippers and brokers had a harder time finding trucks to move those reefer loads. That pushed rates higher in many areas, especially out of Chicago and California.
DAT Solutions
AUGUST 31, 2017
More loads left Fresno last week, too, but the volume hasn’t been high enough to change pricing very much. The national average for reefer rates stayed put at $2.07 per mile last week, but pricing got rearranged by region. The dark areas on the Hot States Map above are areas where the load-to-truck ratio is highest for reefers. As you can see, demand for reefers continues to accelerate in the Midwest. That's a normal trend for this time of year.
DAT Solutions
JULY 5, 2017
HOT MARKETS: The biggest changes last week were in California, where reefer freight finally started to move out of Fresno and Sacramento in serious quantities, but load counts fell sharply in L.A. Reefer rates rose 10¢ per mile in June, compared to May, landing at $2.12, the highest monthly average in almost two years. Load availability was up 30% compared to May, and 84% compared to June 2015.
DAT Solutions
MAY 31, 2017
Central California produce returned in a big way last week, and outbound reefer rates soared 13% in Fresno. Fresno to Denver surged 52¢ to $2.70/mile on average. Fresno to Chicago was up 35¢ to $2.16/mile. Rates on the top 100 van lanes showed the strongest surge of the year. Freight patterns showed increased retail trade ahead of Memorial Day weekend, and since some drivers finished the week up early ahead of the holiday weekend, capacity also tightened.
DAT Solutions
MAY 2, 2017
Out of California , volumes were flat, with higher load counts out of the Fresno area offset by declines farther south. Outbound averages fell in N ogales and Fresno , but that had more to do with a change in where the freight was going. The end of the month didn’t bring the upward bump that we typically see when shippers try to move goods before closing their books. Severe weather might have played a part, with storms and flooding across East Texas and many southern states.
Supply Chain Nation
AUGUST 4, 2017
This year alone, Amazon announced new fulfillment centers in Eastvale, Redlands, Fresno and most recently Sacramento, where the Seattle company said it would hire 1,500 workers. Friday in 5 – interesting news bits from around the supply chain horn, served up in one spot to keep you up to date.
Supply Chain Nation
AUGUST 4, 2017
This year alone, Amazon announced new fulfillment centers in Eastvale, Redlands, Fresno and most recently Sacramento, where the Seattle company said it would hire 1,500 workers. Friday in 5 – interesting news bits from around the supply chain horn, served up in one spot to keep you up to date.
DAT Solutions
JUNE 14, 2016
Things are heating up in California, with lots of loads rolling out of Fresno , and a big rebound under way in Sacramento. Prices surged in the major van markets last week, despite the fact that the national average van rate dipped 1¢ per mile. The annual Roadcheck inspection blitz also happened last week, and rates have risen in the past during Roadcheck week. A lot of truckers prefer to take those days off, and others lost time because of the inspections.
DAT Solutions
JULY 21, 2016
For example, look for rates to rise in Fresno instead of L.A. , Reefer freight volume is building in Fresno , so look for rates to trend up there, even as volume and rates decline in L.A. The typical July lull began last week, which is a little later than expected. Load availability and rates dropped from the previous week, but rates are still well above June averages for van and reefer freight. That’s good news.
DAT Solutions
JUNE 23, 2016
Fresno and Sacramento have lots of loads, too. There were a lot of loads available in California, though, especially outbound from Los Angeles, Fresno , and Ontario , which is the gateway to the "inland empire" of agricultural markets in the Imperial and Coachella Valleys. Shippers and freight brokers are singing a Merle Haggard classic this week, to their van and reefer BFFs: "L.A.
DAT Solutions
MAY 22, 2018
In California, volume and rates revved up for reefers in Los Angeles , and prices rose for outbound reefer loads in nearby Ontario , as well as the Fresno and Sacramento markets. Peak season for Florida seems to have come to a close, and reefer rates responded accordingly. Prices out of Miami and Lakeland plummeted, but the ripple effects also led to higher outbound rates in Atlanta , as prices adjust and demand shifts northward to Georgia produce.
DAT Solutions
APRIL 11, 2018
Out of California , Fresno outbound pricing jumped 4.4% Reefer rates usually dip around Easter, when the urgency to get fresh shipments into stores before the holiday fades. That wasn't the case last week, though. Volumes were down, but prices weren't. Easter also happened to be on April 1 this year, the first day in which trucks could be placed out of service for not having an electronic logging device (ELD) installed.
DAT Solutions
MARCH 7, 2018
Volumes were up in California , especially out of Fresno. Reefer demand and rates declined steadily throughout February, which is a pretty typical spot market trend. The declines in reefer rates were steeper than the similar declines in van rates, but reefer prices were also extremely elevated heading into the month. The national average spot market rate for reefers was down again last week at $2.40/mile, but that's still higher than the average reefer contract rate.
DAT Solutions
FEBRUARY 1, 2017
Rates were up slightly in Fresno , but available loads dropped by 23%. Late January is typically a time for lower rates and less demand, but spot market volumes haven't fallen off sharply like they did around this same time a year ago. Still, prices have been in a slow and steady decline in many major van and reefer markets. Load-to-truck ratios are highest for vans in the darker red areas on the Hot States Map, above. HOT MARKETS.
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