Van Rates Decline 2.1% after June's Peak

Vanrates dip after June’s peak as reefer and flatbed ratesremain stable this past week. By segment type:


Vanrates declined 2.1% after June’s peak, in major markets in the past week. In Denver,a smaller market, rates are up 0.5% and recorded the only market with a rateincrease week-over-week. Top gaining lanes include Stockton to Denver, up 8.2%,Columbus to Memphis, up 11%, and Memphis to Atlanta, up 6.5%. Rates in Atlantadeclined 4.3% and in Charlotte down 3.7%, suggesting a regional decline in vanrates in the Southeastern region of the country. The three greatest declininglanes all originated from Atlanta: to Chicago rates are down 19%, toPhiladelphia down 13% and to Columbus down 12%.


Reeferrates fell a modest 0.5% week-over-week, which indicates overall stability. In Chicagorates are up 2.5% and the lane from the Windy City to Los Angeles rose 12%. Othernoteworthy lanes include Atlanta to Philadelphia, up 12%, and Los Angeles toSacramento, up 9%. Los Angeles rates, up 0.1%, remained stable in the pastweek. Linehaul rates from this market impact reefer rates due to the highvolume of loads originating in LA. Of the declining markets, rates dipped 1.9%from Atlanta, 1.4% from Philadelphia and 1.2% from Dallas.


Flatbedrates dipped 0.9%, in major markets for the seven days ending July 20. Half ofthe key market lanes recorded an increase in rates while the other halfdeclined. Rates from Atlanta rose 4.4% as the lane from Atlanta to Charlotte,up 14%, recorded one of the greatest week-over-week increases. Other laneswhere rates rose include Columbus to Philadelphia, up 31% and Denver to LosAngeles, up 17%. In contrast, Philadelphia rates fell 4.4% as the lanes toAtlanta and to Charlotte both fell 13%. From Memphis to Atlanta rates fell 9%. Withjust more than a week remaining, rates for this segment may reach their 2011peak in July.

< Back to posts