Market Weekly

Week of March 6, 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
$1.83

EIA Diesel Price

Diesel price trending downDiesel price trending upDiesel price neutral
$4.28

Dry Van advertised all in spot rates were up 1 cent per mile (0.5%) to $1.83 relative to last week with slightly half of all lanes showing an increase.

EIA Diesel prices were down $0.012 (-0.3%) over the past week to $4.282. $0.567 below the year ago price and down $1.378 (-23.7%) from the all-time weekly high of $5.810 in June of last year.

Largest Percentage Increase in Rates

Loads originating from CA_San_Francisco, CA_Stockton, CA_Fresno, CO_Grand_Junction, ND_Fargo, and MN_Duluth markets had the largest percentage increase in rates.

Loads delivering to WV_Huntington, IN_Evansville, WV_Charleston, NV_Reno, MO_Cape_Girardeau, and NY_Elmira markets had the largest percentage increase in rates.

6 Highest Long Haul Rates

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

The 6 highest long haul lanes were into MT_Missoula, OR_Pendleton, WA_Spokane, ID_Twin_Falls, MT_Billings, and WA_Seattle markets with an average rate of $2.16, up 10 cents from last week.

6 Lowest Long Haul Rates

The 6 lowest long haul rates were out of FL_Miami, FL_Lakeland, OR_Portland, WA_Seattle, WY_Green_River, and OR_Medford  markets with an average rate of $1.26, up 4 cents from last week.

The 6 lowest long haul rates were into IL_Rockford, WI_Madison,  TX_Laredo, WI_Milwaukee, TX_McAllen, and MI_Saginaw markets at an average of $1.33, down 2 cents from last week.

Get deeper insights to optimize your operations with Flex