Rate Nerd post of the week

Every week I will look at some of the most interesting lanes and talk about what is happening with rates, from an OO perspective.

Rate nerd post of the week: Vans running Kingsport TN to Parkersburg WV are getting their rate! Looking at about a thousand loads over the last week, brokers are posting at $693.25 average, Carriers offer $1100.35 average, and the final paid rate is running $1088.55, very close to what trucks are offering (and way above broker's posts)!

 

QUITE a few

 

No surprise, straight line down since last June. Broker post: ~$650, Carrier offer: ~$900, Paid: ~$715
The fact that they meet in the middle (or closer to the posted rate) says there are plenty of trucks for the loads (not like a "backhaul market", but enough trucks).

 

#RateNerd post of the week: A #rate that is actually up a good amount: Cleveland, OH to Winchester, VA, Van

Loads posted were up 20%+ last week, and it is averaging $1300 right now, better than last week's $1275, week before $1060, and last week's paid average (which lags up to 30 days) of $990. #winrates #freight

 

Very nice, yeah it looks like a stop in Cleveland gets you at least close to last year for the whole trip. Good to see that OH - VA is actually going up even though lots of lanes and nation wide are trending down.