Reefer Market Trends and Transition.

The Refrigerated spot truckload rates out of McAllen, Texas, fell 5¢ to an average of $1.80 per mile. Up until a few weeks ago, McAllen, Texas, on the Mexican border in the Rio Grande Valley, was the top source of reefer load posts. Now it’s #5, after Atlanta, Los Angeles, Tucson, and Dallas.

The dynamic produce harvest activity is shifting north to areas like Central California, where Fresno was up 7¢ to an average of $1.86 per mile. The reefer load-to-truck ratio was 3.2 last week, a 5% improvement. As a national average, the spot reefer rate was unchanged at $1.58 per mile. National reefer rates are: West $1.86, Midwest $2.45, South $1.80, Southeast $1.37, Northeast $1.63

March is the month of transition. The total number of spot market loads posted in March was 42% higher compared to February—yet still 28% lower compared to March 2015.

Actual Load-to-Truck Ratio comparisons are as follows: 5.6 to 11.9 for Arizona, Idaho, Montana, North Dakota, Oregon, Arkansas & Maine; 2.3 to 5.5 for California, Washington, Nevada, Utah, New Mexico, Texas, Mississippi, Louisiana, Georgia, Alabama, Tennessee, North Carolina, South Dakota, Nebraska, Kansas, Oklahoma, Minnesota, Iowa, Missouri; and 0 to 2.2 for Colorado, Wyoming, Illinois, Pennsylvania, Virginia, Vermont, New Hampshire, Massachusetts, Connecticut and Rhode Island.

Leave a Reply

Your email address will not be published. Required fields are marked *