Below, please see the latest market updates from across our carrier network. Please inform, consult, and educate your customers, prospects, and teammates on current market conditions.

Weather Updates: 

• A strong series of storms moved across the South this week bringing high winds, large hail and tornadoes. Potential transit delays in freight movement will be seen with freight moving through the region this week. 

LTL Updates:

• Diesel prices went down again nationally and have continued to go down since January 30th, other than the third week in April. The national rate decreased $.003 to $3.794/gallon. Diesel is down $1.924 from one year ago. Rates decreased in 7 of the 10 regions with the largest decrease of $.072 in the West Coast, less California region, and the largest increase of $.030 in the Lower Atlantic region.
• A section of Interstate 95 in Philadelphia is closed in both directions after a tanker truck fire caused an overpass to collapse. Officials expect it will take several months to rebuild it. Interstate 95 is a main North-South highway along the East Coast, and we will see delays due to this issue in the area. Some key areas impacted are: Philadelphia, PA; West Chester, PA; Cinnaminson, NJ; Vineland, NJ; Trenton, NJ; Baltimore, MD; Jessup, MD and Seaford, DE.

TL Updates: 

• Spot load posts are up 1.8% from last week with spot truck posts up 20.5%. LTR (load-to-truck ratio) was down in all three categories (Van, Flatbed, and Reefer). 
• Dry van demand decreased 19.7% to a 2.40-1 LTR, with the heaviest demand still in AZ and SC at over 5.5-1 LTR.    
• Dry van spot RPM (rate per mile) is up 3 cents from May to $2.10 RPM, down $0.58 y/y (year-over-year) nationally, with the Midwest having the highest RPM at $2.19.
• Flatbed LTR dipped down 15.4% to 10.62-1 LTR from last week nationally, with demand highest at 18+ to 1 LTR and is stable in the following states: AL, AR, ID, LA, ME, MS, OK, OR and SC.   
• The national spot flatbed RPM remains flat from May at $2.65 RPM, down $0.76 y/y, with the Midwest and Southeast holding the highest RPM at $2.79.  
• Reefer demand decreased 12% to a 3.36-1 LTR, with the highest demand in AL, AR, AZ, CA, FL, GA, NM and MS at over 5.6-1 LTR.  
• National reefer rates are up 2 cents to $2.48 RPM from May, down $0.57 y/y, and are highest in the West at $2.60 RPM followed by the Central South at $2.57 RPM.
• According to Sonar’s 4 Week Capacity Score data, the following markets have experienced the most tightening:    
  • Van: Rockford, IL; Syracuse, NY; San Francisco, CA and Greensboro, NC.  
  • Reefer: Atlanta, GA; Cedar Rapids, IA; Grand Rapids, MI and Kansas City, MO. 
• Conversely, the following markets have experienced the most loosening:    
  • Van: Oklahoma City, OK and Shreveport, LA.
  • Reefer: Ontario, CA; San Diego, CA and Pendleton, OR.    

Embargoes: 

• A. Duie Pyle:    
  • Weight restriction over 9,000 lbs., no more than 7 pallets  
• DHE (Dependable Highway Express):   
  • No more than 6 pallets  
• N&M Transfer:  
  • Residential PU/DEL 
• SAIA:   
  • No shipments over 15,000 lbs., 7+ skids  
• Southwest Motor Transport:   
  • Weight restriction over 10,000 lbs., no more than 6 pallets 
• Standard Forwarding:   
  • IB/OB ANK terminal which is Iowa and some parts of Illinois