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April 23, 2024

Overview & Projections

National Fuel Averages

Refrigerated Freight Report

Freight Region Report

In the transportation sector, we're witnessing a notable trend: a 6.5% reduction in carrier availability across the nation compared to last year. This shift may well pave the way for increased reliance on contracted volumes going forward.
Freight Waves has highlighted a modest uptick in spot market rates, with an increase of merely 4 cents per mile over the previous year. The upcoming mid-May period is anticipated to be a critical juncture for observing how the spot market adapts to these conditions.
This week, the broader market has not seen any significant shifts. For now, national market conditions are holding steady, offering a moment of consistency in an industry known for its dynamism.
Stay tuned as we continue to monitor these developments closely, providing you with the latest insights and analysis from the world of freight and transportation.

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April 8 - 12, 2024
$4.06
$4.01
$3.99
April 15 - 19, 2024
Current
Arizona
California (Northern)
California (Southern)
Rates are gradually improving for now. Market can shift at any moment.
Carriers are moving south to take advantage of the better market.
Region is remaining tight as outbound volumes continue to outweigh carriers.
Eastern United States
Georgia
Florida (Northern)
The northeast remains strong. Eastern PA & NJ can be a tougher region as import volumes rise.
Georgia capacity is still tight near central & southeastern parts. Northern Florida rates are rising.
Georgia capacity is still tight near central & southeastern parts. Northern Florida rates are stable.
Florida (Southern)
Idaho
Midwest
Market is volatile & remaining difficult. Anticipate higher than normal rates.
Capacity is finally starting to turn in a better direction. Area should remain stable through spring.
Outbound volumes are staying consistent, while capacity is revamping.
New York
North Carolina
Oregon
Capacity is strengthening statewide as outbound volumes decrease.
Outbound shipments are balanced. Any potential changes would come in SC as capacity heads south.
These markets are still fluctuating day to day. Higher rates are a factor later in the week.
South Carolina
Texas
Washington
Outbound shipments are balanced. Any potential changes would come in SC as capacity heads to GA.
The market is recovering as capacity replenishes. Longer deadheads could remain a factor.
These markets are still fluctuating day to day. Higher rates are a factor later in the week.
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