Market Weekly

Week of March 20, 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
$1.84

EIA Diesel Price

Diesel price trending downDiesel price trending upDiesel price neutral
$4.19

Dry Van advertised all in spot rates were up 3 cents per mile (-1.6%) to $1.84 relative to last week with 4 out of 10 lanes showing an increase.

EIA Diesel prices were down $0.062 (-1.5%) over the past week to $4.185. $0.949 below the year ago price and down $1.625 (-28.0%) 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 NV_Reno, MN_Duluth, AL_Mobile, NC_Wilson, FL_Tallahassee, and AL_Montgomery markets had the largest percentage increase in rates.

Loads delivering to WV_Hutchinson, AZ_Flagstaff, IA_Dubuque, WV_Charleston, NY_Rochester, and NY_Buffalo markets had the largest percentage increase in rates.

6 Highest Long Haul Rates

The 6 highest long haul rates were out of ND_Bismarck, ND_Fargo, IA_Cedar_Rapids, IL_Quincy, IL_Rock_Island, and IA_Dubuque markets with an average rate of $2.16, down 2 cents from last week.

The 6 highest long haul lanes were into NH_Bristol, ME_Augusta, MT_Missoula, ID_Twin_Falls, CO_Grand_Junction, and OR_Pendleton markets with an average rate of $2.13, unchanged from last week.

6 Lowest Long Haul Rates

The 6 lowest long haul rates were out of FL_Miami, FL_Lakeland, OR_Portland, WY_Green_River, UT_Salt_Lake_City, and CO_Grand_Junction markets with an average rate of $1.20, down 4 cents from last week.

The 6 lowest long haul rates were into KY_Louisville, KY_Lexington, TX_Laredo, TX_McAllen, NE_Omaha, and IN_Evansville markets at an average of $1.30, unchanged from last week.

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