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Spot truckload demand rose sharply in the week before March 9, with volume up 17% while capacity fell nearly 4%. The national average van rate rose 4 cents a mile, flatbed rates jumped 6 cents, and reefer rates rose slightly after several weeks of decline.
Tighter truck capacity and higher spot rates raise the cost of moving feed ingredients and grain by road. The effect on feed prices is modest because the move is a single weekly change.
gobytrucknews.comGo By Truck NewsMar 9, 2017After 153 past logistics events, ULSD / Diesel moved a median +0.4% over 5 sessions (52% higher; middle half -2.7% to +4.0%), and +0.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
