Market Update: May 9, 2018

Posted by Nate Schwandt on 5/9/18 8:35 AM
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Overall capacity remains tight as we head into peak produce season. Heavy hauling and construction freight prices are through the roof as flatbed demand hits a record high of 111 loads per available truck.

Spot Market Trends

 

Market Update_Trendlines_5_8_2018

 

Rising Demand for Flatbed Trailers

Skyrocketing demand for flatbed trailers has brought the flatbed load-to-truck ratio to over four times that of 2016, resulting in a rate spike of 7 cents/mile.

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Source: DAT.com 

 

Topics: market update

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