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National Reefer Demand and Capacity
Reefer capacity tightens

Nov 4 - 10 - Reefer volumes rose last week, with load posts on DAT load boards up 9%, while truck posts fell 5%. That pushed the national load-to-truck ratio up from 6.8 to 7.0 loads per truck. The national average reefer rate also increased.

Hot Market Maps and Hot State Maps (above) in DAT RateView depict geographic trends in the load-to-truck ratio.

About the Load-to-Truck Ratio

Load-to-truck ratios represent the number of loads posted for every truck posted on DAT Load Boards. The load-to-truck ratio is a sensitive, real-time indicator of the balance between spot market demand and capacity. Changes in the ratio often signal impending changes in rates.

Demand cools for reefers in October

Reefer load posts lost another 9% in October, compared to September, and truck posts added 16%, to yield a 22% drop in the load-to-truck ratio nationwide. The monthly ratio of 6.3 loads per truck is 39% lower than it was in October 2017. Reefer demand should pick up again in November and December, when trucks are needed to delivery fresh food for the holidays.

The chart above depicts national average load-to-truck ratio for reefers from 2016 to the present.

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Last update: 11/12/2018 – Next update: 11/19/2018

National Load-to-Truck Ratio Load-to-Truck Ratio Chart - Truck Graphic
10/20 6.0
10/27 6.1
11/3 6.8
11/10 7.0
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