Dry Van advertised all in spot rates were down 2 cents per mile (-1.2%) to $1.66 relative to last week with about half of the lanes showing an increase.
EIA Diesel prices were down $0.039 (-0.9%) over the past week to $4.077. $1.083 below the year ago price and down $1.733 (-29.8%) from the all-time weekly high of $5.810 for the week of June 20th of last year.
Loads originating from MT_Billings, NE_N_Platte, NV_Las_Vegas, NV_Reno, IL_Quincy, and FL_Miami markets had the largest percentage increase in rates.
Loads delivering to KS_Hutchinson, ND_Bismarck, TN_Nashville, PA_Erie, KY_Bowling_Green, and CO_Grand_Junction markets had the largest percentage increase in rates.
The 6 highest long haul rates were out of IL_Taylorville, MO_Cape_Girardeau, TN_Memphis, IA_Cedar_Rapids, IL_Rock_Island, and AR_Little_Rock markets with an average rate of $1.89, down 4 cents from last week. Long haul rates out of the top 6 headhaul markets have taken a tremendous hit late, dropping $0.27 per mile (-10.6%) over the past 3 weeks.
The 6 highest long haul lanes were into WA_Spokane, OR_Pendleton, NM_Albuquerque, SD_Rapid_City, NH_Bristol, and ME_Augusta markets with an average rate of $1.95, down 2 cents from last week.
The 6 lowest long haul rates were out of OR_Portland, MA_Boston, WY_Green_River, UT_Salt_Lake_City, WA_Seattle, and FL_Miami markets with an average rate of $1.16, down 2 cents from last week.
The 6 lowest long haul rates were into TX_Laredo, TX_McAllen, TX_San_Antonio, MO_Cape_Girardeau, KY_Lexington and OH_Cincinnati markets at an average of $1.23, unchanged from last week.
