Market Weekly

Week of January 9, 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
$2.16

EIA Diesel Price

Diesel price trending downDiesel price trending upDiesel price neutral
$4.55

Dry Van advertised all in rates were up 5 cents per mile (2.4%) to $2.16 relative to last week with 2 out of 3 lanes showing an increase.

EIA Diesel prices were down $0.034 (-0.7%) over the past week to $4.549. Still $0.892 above year ago price, but down $1.187 (-21.7%) from the all time weekly high of $5.810 in June of last year.

Largest Percentage Increase in Rates

Loads originating from NY_Syracuse, NY_Elmira, OH_Cincinnati, AL_Montgomery, AL_Mobile, and NY_Albany markets had the largest percentage increase in rates.

Loads delivering to NC_Charlotte, VA_Alexandria, NC_Greensboro, AL_Montgomery, SC_Greenville, and SD_Sioux_Falls 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 IA_Dubuque, IA_Cedar_Rapids, IL_Rock_Island, MO_St_Louis,  IL_Taylorville, and MN_Duluth markets with an average rate of $2.53, up 5 cents from last week.

The 6 highest long haul lanes were into CO_Denver, NH_Bristol, SD_Rapid_City, WA_Spokane, NM_Albuquerque, and NE_N_Platte markets with an average rate of $2.48, up 1 cent 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_Grand_Junction, CO_Denver, OR_Medford, and OR_Portland markets with an average rate of $1.40, down 3 cents from last week.

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