Fuel Updates

Fuel is at $3.471 for the week, which is up from $3.451 the previous week.

Capacity loosened at the end of May and continued into June. Reefer rates have been falling at a time when they would normally rise, as produce season remains unusually quiet on the spot market. Freight volumes have rebounded a bit over the last few weeks. Tender rejections are high in Iowa, Nevada, and Georgia.

Reefer Freight:

• The current national spot-rate average increased to $2.33.
• Load-to-truck ratio dropped 4.8%.
• Capacity is tight in the northern half of the US, from California to Georgia, at 12+ loads for every truck.

National average for reefer:

Van Freight:

• The current national spot-rate average is $2.02.
• Load-to-truck ratio dropped 10%.
• Capacity is tight from Texas to the Carolinas at 5+ trucks for every load.

National average for van:

Flatbed Freight:

• The current national spot-rate average is $2.58.
• Load-to-truck ratio dropped 10%.
• Capacity is tight (except for in Utah, Colorado Montana, North Dakota, Nebraska, Minnesota, Illinois, and Wisconsin) with 18 loads to every truck.

National average for flatbed:

We hope you have a fantastic week! If you need any assistance or have any questions, please reach out to your RIM Representative or to our Domestic Team at RIMDomestic@rimlogistics.com.