Market Weekly

Week of March 13, 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
$1.87

EIA Diesel Price

Diesel price trending downDiesel price trending upDiesel price neutral
$4.25

Dry Van advertised all in spot rates were up 4 cent per mile (0.5%) to $1.87 relative to last week with slightly less than half of all lanes showing an increase.

EIA Diesel prices were down $0.035 (-0.8%) over the past week to $4.247. $1.003 below the year ago price and down $1.563 (-26.9%) from the all-time weekly high of $5.810 in June 20th of last year.

Largest Percentage Increase in Rates

Loads originating from NV_Reno, CO_Denver, ID_Twin_Falls, ND_Bismarck, MO_Cape_Girardeau, and TN_Knoxville markets had the largest percentage increase in rates.

Loads delivering to AL_Montgomery, AL_Birmingham, NV_Las_Vegas, AL_Mobile, WI_Green_Bay, and AL_Decatur markets had the largest percentage increase in rates.

6 Highest Long Haul Rates

The 6 highest long haul rates were out of ND_Bismarck,MO_St_Louis, MO_Cape_Girardeau, IL_Rock_Island,  IL_Quincy, and IL_Taylorville markets with an average rate of $2.18, up 2 cents from last week.

The 6 highest long haul lanes were into ME_Augusta, MT_Missoula, NH_Bristol, MT_Billings, CO_Denver, and NE_N_Platte markets with an average rate of $2.13, down 3 cents partially reversing the 10 cents up from last week.

6 Lowest Long Haul Rates

The 6 lowest long haul rates were out of FL_Miami, FL_Lakeland, MA_Boston, OR_Portland, WA_Seattle, and MA_Springfield markets with an average rate of $1.24, down 2 cents from last week.

The 6 lowest long haul rates were into KY_Lexington, KY_Louisville, TX_McAllen, TX_Laredo, IL_Rockford, and IN_Indianapolis markets at an average of $1.34, up 1 cent from last week.

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