Market Weekly

Week of April 10, 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
$1.73

EIA Diesel Price

Diesel price trending downDiesel price trending upDiesel price neutral
$4.09

Dry Van advertised all in spot rates were down 3 cents per mile (-1.7%) to $1.73 relative to last week with only 3 out of 10 lanes showing an increase.

EIA Diesel prices were effectively flat at down $0.007 (-0.2%) over the past week to $4.098. $1.087 below the year ago price and down $1.712 (-29.5%) from the all-time weekly high of $5.810 for the week of June 20th of last year.

Largest Percentage Increase in Rates

Loads originating from NE_N_Platte, NV_Las_Vegas, CO_Denver, ID_Twin_Falls, NH_Bristol, and ME_Augusta markets had the largest percentage increase in rates.

Loads delivering to MT_Missoula, MT_Billings, IA_Dubuque, TX_Amarillo, AL_Montgomery, and LA_Shreveport markets had the largest percentage increase in rates.

6 Highest Long Haul Rates

The 6 highest long haul rates were out of SD_Sioux_Falls, MO_Cape_Girardeau, IL_Quincy, IA_Cedar_Rapids, ND_Fargo, and MO_St_Louis markets with an average rate of $2.05, down 11 cents from last week.

The 6 highest long haul lanes were into MT_Missoula, MT_Billings, NH_Bristol, OR_Pendleton, WA_Spokane, and ID_Twin_Falls markets with an average rate of $2.00, down 2 cents from last week.

6 Lowest Long Haul Rates

The 6 lowest long haul rates were out of OR_Portland, FL_Miami, FL_Lakeland, WA_Seattle, UT_Salt_Lake_City, and WY_Green_River markets with an average rate of $1.20, down 5 cents from last week.

The 6 lowest long haul rates were into TX_Laredo, TX_McAllen, TX_San_Antonio, MO_Cape_Girardeau, OH_Cincinnati, and IN_Evansville markets at an average of $1.26, down 2 cents from last week.

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