Market Weekly

Week of January 2, 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
$2.11

EIA Diesel Price

Diesel price trending downDiesel price trending upDiesel price neutral
$4.58

Dry Van advertised all in rates were up 6 cents per mile (2.9%) to $2.11 relative to two weeks before with 3 out of 4 of lanes showing an increase.

EIA Diesel prices were down $0.016 (-0.3%) over the past two weeks to $4.583, $0.970 above year ago price. Down $1.187 (-20.6%) from June 27th high.

Largest Percentage Increase in Rates

Loads originating from PA_Erie, PA_Philadelphia, WA_Seattle, PA_Harrisburg, NH_Bristol, and NY_Rochester markets had the largest percentage increase in rates.

Loads delivering to KY_Lexington, KY_Louisville, ID_Twin_Falls, WA_Seattle, ND_Bismarck, and CT_Hartford 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 IL_Rock_Island, IL_Taylorville, IL_Quincy, IA_Dubuque, MO_St_Louis, and WI_Green_Bay markets with an average rate of $2.48, up 6 cents from two weeks ago.

The 6 highest long haul lanes were into MT_Billings, SC_Charleston, NH_Bristol, SD_Rapid_City, MT_Missoula, and CO_Denver markets at an average of $2.47, up 16 cents from last week.

Dry Van RPM by origin and destination market.

6 Lowest Long Haul Rates

The 6 lowest long haul rates were into WV_Huntington, CA_San_Diego, CA_Ontario, CA_Los_Angeles, MI_Grand_Rapids, and TX_Laredo markets at an average of $1.49, down 2 cents from two weeks ago.

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