Market Weekly

Week of May 15, 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
$1.69

EIA Diesel Price

Diesel price trending downDiesel price trending upDiesel price neutral
3.87

Dry Van advertised all in spot rates were flat at $1.69 relative to last week with a little less than half of the lanes showing an increase.

EIA Diesel prices were down $0.0.25 (-0.06%) over the past week to $3.897. $1.716 below the year ago price and down $1.913 (-32.9%) 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 MT_Missoula, PA_Erie, CA_San_Diego, WV_Huntington, CA_Ontario, and CA_Los_Angeles markets had the largest percentage increase in rates.

Loads delivering to AL_Montgomery, MN_Duluth, NE_N_Platte, VA_Alexandria, ND_Bismarck, and TX_El_Paso markets had the largest percentage increase in rates.

6 Highest Long Haul Rates

The 6 highest long haul rates were out of TN_Memphis, MO_Cape_Girardeau, KY_Bowling_Green, MO_St_Louis, AR_Little_Rock, and TN_Nashville markets with an average rate of $1.83, down 5 cents from last week.

The 6 highest long haul lanes were into ME_Augusta, OR_Pendleton, NY_Brooklyn, NH_Bristol, MA_Boston, and WA_Spokane markets with an average rate of $1.94, up 1 cent from last week.

6 Lowest Long Haul Rates

The 6 lowest long haul rates were out of WA_Spokane, WA_Seattle, OR_Pendleton, OR_Portland, NE_N_Platte, and MA_Boston markets with an average rate of $1.10, down 5 cents from last week.

The 6 lowest long haul rates were into CA_San_Diego, CA_Los_Angeles, CA_Ontario, TX_Laredo, TX_McAllen, and TX_San_Antonio markets at an average of $1.24, up 1 cent from last week.

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