Picking my own freight baby! My journey to & of being on Schneider choice, the Adventure & Numbers!

Are Freight Rates Getting Ready to Rise?
Posted on 24 Feb, 2016 By Matt Sullivan

We finally saw some signs of spring last week. Rates leveled off for vans and flatbeds, and demand was up for both. That means spot market rates might be on the rise soon. Maybe as soon as next week. Fingers crossed.

For vans, three markets saw significantly higher rates, including Dallas and Stockton, CA. The states of California and Texas are huge in setting spot market trends. Rates also rose on high-volume lanes out of Los Angeles and Memphis, which is another good sign.



All rates include fuel surcharges, and are based on real transactions between carriers and brokers.

SOUTH CENTRAL

• Average outbound rate in Dallas rose 4¢
• Houston rates dropped 2¢ overall, but demand is up, and rates should rebound soon. Rates rose last week on the lanes from Houston to Laredo and to Oklahoma City

WEST

• Los Angeles outbound rates added 3¢ per mile
• Stockton rates rose on most major lanes. The lane from Stockton to Seattle gained 20¢ to an average of $2.00/mile over the weekend, but dropped back to $1.86 early this week.

NORTHEAST

Rates in the Northeast region were mostly down last week after rising the week before.

• Buffalo fell 4¢
• Philadelphia dropped 1¢

The headhaul lane from Buffalo to Philly lost 13¢, and the backhaul rate fell 34¢, so the roundtrip is way down. It still pays an average of $2.13/mile for 730 miles, so if you can make it work -- or do two of those in the same week -- you’ll do OK.

SOUTHEAST

• Charlotte rates dropped 2¢ to $1.64/mile
• Atlanta slipped to $1.59/mile.

MIDWEST

Chicago has suffered from low demand for weeks and has one of the worst load-to-truck ratios in the country.

• Chicago outbound rates dropped to an average of $1.78/mile
• Columbus rates were mixed, some up and some down, so the average held steady at $1.74/mile

http://www.truckersedge.net/truckin...5VunJEUWy24QARdQ/cOedCQkZHblFnVoBQq2sULYNqaQF

 

He probably didn't have enough money to buy in at least a c+ neighborhood how you're describing these hillbilly's. I'm very serious about my health I wouldn't let myself become obese eating hohos at the truck stop all I need is a skillet, portable freezer and some dumbbells with a fold able bench.

Your friend doesn't sound like a wise business man investing 20k each unit, all you would need to modernize a unit is 6k at minimum. I have friends who do the same at power plants and oil refineries it's not about servicing several muiltimillion dollar mortgages it's about being a smart business man and setting up your investments wisely to where they pay themselves off.

 

For 40 bucks I'll pass on the heavy load. That a lot of wear and tear on truck for 40 bucks.

 

The key are the hills and stop and go. If I'm gonna run heavy and I'm running mainly flat interstate the whole way I have no problem.

One thing you will never see me do is take a heavy load through WV or if I venture out west...been there...done that...bought the t-shirt.

 

Awesome! So there is hope! Thanks for that info

 

Nice pic there FW!
Get out your airboat and go hunting gators!

Actually ridiculous to believe a Multi-billion dollar company would have a yard like that.
I see them everywhere..not just SNI.
Gotta pad their personal bank accounts someway.

 

Look at the slc yard. How long have they been there and it's still dirt? The majority of Gary is dirt. Portland is dirt. Phoenix is dirt. Fontana was half dirt. El monte is dirt. Most of the drop yards are dirt.

I though the Knights were penny pinchers, but SNI brings it to another level