Vehicle Pricing Trends – Annual

Top Regional Destinations
MWChicago, IL St. Louis, MOMinneapolis, MNKansas City, KS
NENewark, NJ Philadelphia, PABoston, MANew York, NY
SEMiami, FLOrlando, FLAtlanta, GACharlotte, NC
SW
Los Angeles, CAPhoenix, AZLas Vegas, NVSan Diego, CA

Car Shipping Rates – January 2014 – Analysis

For 2014 shipping prices are up dramatically and capacity is down. There are several reason to explain the huge spike in volume. One reason is due to two back-to-back middle of week holidays – many trucking companies chose to idle their trucks and not worry with the unpredictable market and risk having driver get stuck over the long holiday.

Second reason is the beginning of the enforcement of California Air Resource Board (CARB) restrictions  on trucks older than MY2006 from entering the state.  Many smaller companies without dedicated lanes had to reshuffle their service lanes – creating inefficiencies and loss of capacity.

The prices and volume is expected to level out for the month of February and March before starting their seasonal climb in April.

MW to NE

Prices have gone up and are expected to rise as the volume of cars coming out of the Northeast falls.

NE to SE

Rates from the northeast have remained high but are expected to fall.

SW to NE

Prices to ship cars out of California and Arizona have remained low but are gradually increasing.

SE to SW

Price to ship to California out of Florida are keeping steady . Carriers are somewhat hesitant to send their truck to California due to difficulty of finding return freight.

SE to MW

Prices to ship to OH, MI and IL have fallen due to low volume from Florida.