Overdrive

February 2018

Overdrive Magazine | Trucking Business News & Owner Operator Info

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February 2018 | Overdrive | 25 www.texastrucktuning.com • 817.526.5770 ECM tuning for all engines and makes. Professional tuning options for EGR, DPF and DEF (Urea) deletes for o highway use and exempt vehicles. Nation wide network and fi rst class customer service. If you want to become a dealer, call us today. Mack and Volvo tuning available. * for o Highway, exempt and closed circuit applications only. Not allowed for use on public roads or emission controlled states. Not legal for sale in the state of California. Call us for pricing and appointments Legendary Consulting_OVD1217_PG.indd 1 10/17/17 3:47 PM The first week of 2018 "broke all the records we set when we ended the old year," said DAT's Matt Sullivan, referring to spot market activity. "Load-to-truck ratios and national average rates spiked big time." Much of the tightness, Sullivan says, can be attributed to weather, on top of capacity constraints in the wake of the electronic logging device mandate. That load-to-truck imbalance spurred more rate increases in December, according to monthly data from Truckstop.com. Dry van rates saw the biggest leap, climb- ing 9 cents a mile from November to $2.40. That's a 43-cent increase from December 2016 and vans' highest per-mile monthly average since August 2014. Reefer rates climbed 8 cents from November to $2.51 a mile — a 49-cent increase from December 2016. It's also the highest monthly reefer average since December 2014. Flatbed rates rose 2 cents in the month, to $2.41 a mile. That's a 39-cent increase from December 2016. Flatbed crested multiyear highs in September and October, but those two months aside, December's average was flatbed's highest mark since September 2014. 2018 picks up 2017's hot rates trend $2.55 $2.50 $2.45 $2.40 $2.35 $2.30 $2.25 $2.20 $2.15 $2.10 $2.05 $2.00 $1.95 $1.90 $1.85 $1.80 July - 2015 Aug. - 2016 Dec. - 2017 Flatbed Reefer Dry Van Source: Truckstop.com

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