California and Texas remain in flux with overall volumes roughly the same the last several weeks. Reefer produce failed to climb at the end of July, due in part to a sharp decline in volumes from Fresno.
The national load-to-truck ratio for reefers was up 18% last week compared to the previous week, which meant it was easier for carriers to find loads. The national average reefer rate ended July at $2.19 per mile, which was 7¢ lower than the June average, but 4¢ higher than May.
Los Angeles area volumes were up more than 10%, which stopped the rate slide in that market. Elsewhere, Denver outbound rates were up a bit due to higher volumes.
- Green Bay to Des Moines jumped 58¢ to $2.68/mi (known to fluctuate)
- Philadelphia to Miami rose 23¢ to $2.06/mi
- Los Angeles to Phoenix increased 7¢ to $3.25/mi
McAllen, TX had a 25% increase in volumes, but that wasn’t enough to raise rates in that market. In Dallas, both volumes and rates were down.
- Grand Rapids to Cleveland dipped 25¢ to $3.09/mi
- Miami to Baltimore declined 23¢ to $1.27/mi
- McAllen to Atlanta slipped 29¢ to $1.96 (but demand picked up at the end of the week)