Issue link: https://read.dmtmag.com/i/15908
Gauges MARKET Rates dip in July From June to July, flatbed and reefer rates dropped 3 and 4 cents, respectively, while dry van decreased 6 cents. Rates still reflect strong demand for freight relative to a year ago. DRY VAN ■■ $2.50 $2.25 $2.00 $1.75 $1.50 $1.25 $1.00 FLATBED ■■ REEFER ■■ SHIPPING RATES Numbers that affect and reflect your business Intermodal volume hits record levels 2008 INCOME Increases in costs during the second quar- ter for clients of financial services firm ATBS reflected higher miles and revenue, and the bottom line was positive: a moderate to strong increase in net income for each segment. DRY VAN ■■ $15,000 $14,000 $13,000 $12,000 $11,000 $10,000 $9,000 $5,500 $5,000 $4,500 $4,000 $3,500 $12,000 $11,000 $10,000 $9,000 $8,000 $7,000 FLATBED ■■ REEFER ■■ REVENUE PER MONTH August 16 national average: $2.98 $3.01 INCOME PER MONTH 2008 2009 2010 $3.13 $2.95 $2.98 $2.93 2008 2009 TOTAL COSTS PER MONTH (COMBINED) 2010 August 16 lane averages Atlanta-Buffalo Chicago-Dallas Dallas-Jacksonville Houston-Mobile 2008 2009 Quarterly data points represent three-month averages. 2010 Los Angeles-Denver Memphis-Cleveland Philadelphia–Indianapolis St. Louis–Boston Seattle-Phoenix 16 OVERDRIVE SEPTEMBER 2010 $3.01 $2.99 $2.97 $2.88 $3.10 $2.97 $3.07 $3.07 $3.10 FUEL SURCHARGE INDEX (www.Fuel- SurchargeIndex.org) prices are collected daily from more than 5,500 truck stops and averaged along specific routes. U.S. DEPARTMENT OF ENERGY (eia.doe.gov) average prices are collected weekly from about 350 truck stops. 2009 2010 Intermodal volumne hit a record high with a 17.2 percent increase in the second quarter over the same period in 2009, the Intermodal Assocation of North America said. Container volume grew more slowly in domestic move- ments than internationally for the first time in recent years, but the second quarter marked five years of consecutive quarterly growth for domestic containers. At 16.4 percent, domestic con- tainers set a record, while international container growth of near- ly 21 percent was impressive, says IANA analyst Matt Mlynarczyk. He says that inventory restocking contributed to the spike in intermodal volume. Intermodal volume* Domestic containers International containers 0 DIESEL 500,000 1,000,000 1,500,000 2,000,000 2009 2010 *2nd quarters Internet Truckstop Max Heine