Analysis

For the week of November 7, 2001 vehicle shipments are down slightly by 2% from previous week with a total volume of just over 17,000 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) 17417 1873 5170 2914 2242 944 4249
NE 5003 758 1769 731 480 136 1120
SE 3689 320 1293 561 425 228 859
Midwest 3797 363 1004 828 400 198 998
South 1733 131 423 241 492 91 355
NW 822 74 165 117 96 101 264
SW 2325 226 504 430 342 184 638

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) -2% -4% -4% 0% -7% 6% 1%
NE -5% -5% -10% -5% -1% -7% 1%
SE -4% -15% -2% -2% -23% 6% 1%
Midwest -1% 1% -3% 0% -5% 1% 0%
South -1% -12% 3% 17% -6% -4% -6%
NW -6% 1% -12% -23% -2% -4% 0%
SW 7% 12% 0% 9% 3% 21% 10%
[one_half]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
[/one_half] [one_half last]South – TX, OK, AR, LA, MS
Northwest – WA, OR, ID, MT, WY
Southwest – CA, NV, UT, AZ, CO, NM
[/one_half]

About the Author: Alex Marinov

4b586afda56310883a7cce9efc036e95?s=72&d=wavatar&r=pg
Alex Marinov is the president of RCG Logistics LLC, with years experience in the shipping and freight industry. His main interest include sustainable building design, video production and automobiles.

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4b586afda56310883a7cce9efc036e95?s=72&d=wavatar&r=pg
Posted by
Alex Marinov
Post Date
11/08/2011

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