Market Weekly

Week of May 1, 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
$1.68

EIA Diesel Price

Diesel price trending downDiesel price trending upDiesel price neutral
$4.01

Dry Van advertised all in spot rates were up 2 cents per mile (1.2%) to $1.68 relative to last week with 6 out of 10 of lanes showing an increase.

EIA Diesel prices were down $0.059 (-1.4%) over the past week to $4.018. $1.491 below the year ago price and down $1.792 (-30.8%) 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 VA_Roanoke, VA_Winchester, WV_Huntington, AZ_Phoenix, PA_Pittsburgh, and FL_Lakeland markets had the largest percentage increase in rates.

Loads delivering to NY_Albany, WI_Madison, MT_Billings, WA_Seattle, WI_Milwaukee, 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 MO_Cape_Girardeau, TN_Memphis, AR_Little_Rock, TX_Laredo, TX_McAllen, and IA_Dubuque markets with an average rate of $1.90, up 1 cent from last week.

The 6 highest long haul lanes were into SD_Rapid_City,  MT_Billings, NM_Albuquerque, WA_Spokane, CO_Denver, and OR_Pendleton markets with an average rate of $1.95, same as last week.

6 Lowest Long Haul Rates

The 6 lowest long haul rates were out of MA_Boston, OR_Portland, MA_Springfield, WA_Seattle, OR_Pendleton, and CO_Grand_Junction markets with an average rate of $1.20, up 4 cents from last week.

The 6 lowest long haul rates were into TX_Laredo, TX_McAllen, TX_San_Antonio, CA_Los_Angeles, CA_Ontario, and OH_Cincinnati markets at an average of $1.27, up 4 cents from last week.

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