Market Weekly

Week of January 23, 2023

CloudTrucks’ data scientists analyze market rates and activity on a continual basis to provide insight into high-paying, top-quality loads.

At a Glance

Dry Van RPM

Dry van rate per mile trending upDry van rate per mile trending downDry van rate per mile neutral
$2.04

EIA Diesel Price

Diesel price trending downDiesel price trending upDiesel price neutral
$4.60

Dry Van advertised all in rates were down 7 cents per mile (-3.3%) to $2.04 relative to last week with only 1 out of 4 of lanes showing an increase.

EIA Diesel prices were up $0.080 (1.8%) over the past week to $4.604. $0.824 above year ago price, but down $1.206 (-20.8%) from the all-time weekly high of $5.810 in June of last year.

Largest Percentage Increase in Rates

Loads originating from VA_Winchester, NH_Bristol, MN_St_Cloud, CA_Stockton, CA_San_Francisco, and CA_Fresno markets had the largest percentage increase in rates.

Loads delivering to IN_Evanston, MI_Grand_Rapids, OR_Portland, CA_Stockton, NV_Las_Vegas, and CA_San_Francisco markets had the largest percentage increase in rates.

Top ten lanes by rate per mile (RPM) increase.

6 Highest Long Haul Rates

The 6 highest long haul rates were out of ND_Bismarck, MO_St_Louis, MN_Duluth, IL_Quincy, ND_Fargo, and IL_Rock_Island markets with an average rate of $2.40, down 22 cents from last week.

The 6 highest long haul lanes were into CO_Denver, NH_Bristol, ME_Augustus, SC_Charleston, OR_Pendleton and WA_Spokane markets with an average rate of $2.35, down 14 cents from last week.

Dry Van RPM by origin and destination market.

6 Lowest Long Haul Rates

The 6 lowest long haul rates were out of FL_Miami, FL_Lakeland, CO_Denver, OR_Portland, FL_Tallahassee, and NE_N_Platte markets with an average rate of $1.33, down 5 cents from last week.

The 6 lowest long haul rates were into IN_Indianapolis, TX_Laredo,  TX_McAllen, TX_San_Antonio, CA_San_Diego, and IL_Joliet markets at an average of $1.46, down 7 cents from last week.

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