Last week was a short week, as most carriers needed to get drivers home in time for the Christmas weekend. Still, demand for reefer trucks was sky high last week, with volumes up out of big produce markets in California, Texas, and Florida.
Combine all that with the tighter capacity that came about as a result of the ELD mandate going into effect, and you get higher rates out of nearly every major market for refrigerated freight.
All rates below include fuel surcharges and are based on real transactions between brokers and carriers.
Just like with dry van freight, Dallas posted the biggest increases, with the average outbound rates up 13%
- The lane from Dallas to Denver shot up 53¢, to $2.58/mile.
- Reefer rates out of Miami also surged, and the lane to Baltimore added 54¢ to an average of $2.28/mile
California lane rates had some dramatic increases:
- Sacramento to Portland, OR, soared 91¢ to $3.78/mile
- Ontario to Seattle was up another 62¢ to $3.62/mile
Green Bay, WI, did not have such a great week. They had declining volume and rates for outbound reefers, AND the Packers were eliminated from the playoffs for the first time in a decade. Not a good week at all.
- Green Bay to Minneapolis dropped 18¢, to $2.96/mile
- Green Bay to Des Moines tumbled 71¢ to $2.61/mile
Categories: Rate Trend of the Week