Market Report

Analysis

For the week of November 21, 2011 vehicle shipments have rebounded by 5% from previous week with a total volume of just over 16,000 vehicles. Even though this number is slightly lower than the previous week the volume has increased by 10% from a month ago.

Biggest Gainers

Highest volume increases came from the Southwestern states; California saw an increase in shipments going to the Northeast as well as Northwest to Washington and Oregon. This especially good news for carriers that run WA to CA, as it has been very difficult to find return freight back to WA. The Northeast is still the largest market by volume, the

Remained Steady

The volume for Southern states remained about the same after a dramatic increase last week. Carriers running TX to IL/MI should see a gradual increase in rates as volumes increase while NY/NJ rates are still low. The volumes from Midwest are still relatively high, carriers should have no trouble finding loads to either CA or NJ but it looks like the rates will be leveling off the in the next few weeks.

Biggest Declines

After a brief unexplained spike last week, carriers still have difficulty finding freight from Florida, especially with outbound freight being down by 15%. Florida to Texas will be especially difficult lane to find freight.

Market Data

Number of Vehicles Being Shipped.
Region: All (IN) NE SE Midwest South NW SW
All (OUT) 16337 1713 4724 2610 2196 954 4130
NE 4217 564 1456 606 395 164 1026
SE 3780 377 1274 556 483 216 867
Midwest 3666 344 950 780 455 187 950
South 1577 112 370 206 414 114 357
NW 903 88 194 132 124 84 282
SW 2282 227 514 383 327 184 642

Table below indicated changes in load quantities compared to the previous week. Decreases greater than 15% are highlighted in red while increases greater than 15% are highlighted blue.

Percent Change from 10/31/11
Region: All (IN) NE SE Midwest South NW SW
All (OUT) 5% 11% 5% -2% 8% 3% 6%
NE -3% 4% -2% -9% -10% 2% -4%
SE 13% 24% 16% 7% 18% 1% 7%
Midwest 3% 12% 3% -3% 11% -11% 5%
South 1% 5% 3% -4% -5% 11% 2%
NW 16% 13% 17% 14% 32% -13% 22%
SW 13% 9% 4% 8% 17% 17% 20%

Northeast – ME, VT, NH, MA, RI, CT, NY, NJ, PA, DE
Southeast – MD, DC, VA, WV, KY, TN, NC, SC, AL, GA, FL
Midwest – OH, IN, MO, KS, WI, MI, MN, IA, NE, SD, ND

South – TX, OK, AR, LA, MS
Northwest – WA, OR, ID, MT, WY
Southwest – CA, NV, UT, AZ, CO, NM