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Cycle analysis: End-of-quarter freight volume, rate boost

2014 end of quarter rate pressure

In late March, June, September and December, freight picks up and yields generally higher rates across varying segments, says Truckstop.com head Scott Moscrip. Rates can spike, he says, as “companies try to move their goods out of their factory or distribution center so they can book it as moved and gone” in quarterly reports. “It’s one of those odd things that happens.”

Related

Cycle analysis: How posted rates play out

The relationship between offered and negotiated, paid rates can be complex when analyzed by day of the week and trailer type.

For every quarter excepting the third in 2014, dry van paid-rate averages for the final two weeks of the quarter showed a marked premium above the entire quarter, with the largest difference seen in the second quarter. Flatbed followed similar patterns, but with the biggest positive difference seen during the last two weeks of the first quarter.

Related

Cycle analysis: Assessing rate patterns by negotiation day, time of day, quarter and geographical area

Overdrive’s review of data mined by the Truckstop.com load board reveals trends in negotiation timing and lanes. Some could surprise you – and even reward ...

Reefer rates, however, showed considerably less variation at the end of the quarter than both dry van and flatbed, perhaps reflecting the more stable demand for food freight.

Explore 2014 average rate data by negotiation day in online interactive form at this link to Overdrive‘s interactive rates tool.


from Overdrive http://ift.tt/1dMBv4l

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