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Truck Capacity Up 2.9%

Posted by Genie Wood on Thu, Apr 28, 2011 @ 06:46 AM

 



Truck Capacity rose 2.9 percent, on a national average, this week.



According to TransCore’s latest Trendlines report, truck capacity rose 2.9 percent while spot market load postings fell 2.3 percent from the previous week. Loads declined for vans by 3.7 percent and for flatbeds by 2.4 percent. The report does show that reefer loads rose 1 percent week over week.



The load to truck ratio declined this week for all equipment types. Vans fell 8.2 percent, reefers dropped 2.6 percent, and the ration for flatbeds declined by 2 percent, according to the report.



The trendlines report is a weekly updated report highlighting key industry indicators from TransCore’s U.S. Freight Index supported by 60 million loads and trucks. The report also features data from the American Trucking Associations and the U.S. Department of Energy.



For more information on truck factoring, please contact TBS factoring LLC by calling 800-207-7661.