317-208-5565

Subscribe to receive industry news and valuable insights directly to your inbox.

Subscribe to Our Blog

4th Consecutive Week Domestic Intermodal Spot Rates Increased - Jan 30 2018

by Rick LaGore on 2018-02-02 17:43:41

intermodal train picture.jpgComments on the Weekly Intermodal Rate Charts:

Domestic intermodal spot rates are:

  • Up 1.9% from last week.
  • Down 0.4% from 90 days ago.
  • Up 22.9% from prior year.

Domestic intermodal rates moved up for the 4th consecutive week, with the intermodal major markets driving the increase.  The less traveled lanes remained relatively flat. 

In contrast to last year's consistency over the month of January, the spot rates this year have been volatile as the market is trying to establish "new normal" pricing.

DAT Trendlines reported the national average for 53' dry van rates dropped 0.4 percent from the prior week to $2.26 a mile.  The national truckload spot rate remains up 22% over prior year.

Diesel Fuel Comments:t 

The EIA reported average diesel fuel price of $3.070 per gallon this week, which is a $0.045 increase from the prior week. 

The price per gallon is up $0.508 or 19.8% higher from the same period last year.    

Oil decreased this week with WTI and Brent closing the week at $65.06 and $68.22, respectively.  

The most recent projection by the EIA for diesel and oil prices were published on November 7.  In the report, diesel is projected to average $2.83 in calendar year 2018.  

The full spreadsheet of the historical weekly price moves of diesel full can be found at https://www.eia.gov/petroleum/gasdiesel/

Graphs listed below include:

  • 53' Domestic Intermodal Price Index & Diesel Fuel Prices
  • Price Changes in 53' Domestic Intermodal Pricing & Diesel - 1/1/2013 Baseline
  • Rolling 52 Year-over-Year Comparison - 53' Domestic Intermodal and Diesel Fuel Prices
  • Rolling 52 Year-over-Year % Change - 53' Domestic Intermodal and Diesel Fuel Prices
 Intermodal & Diesel Prices-37.png
Intermodal & Diesel Compare to Baseline-15.png

 

Intermodal & Diesel Yr-over-Yr Comparison-37.png Intermodal & Diesel Price Yr-over-Yr  Change-26.png

Intermodal & Diesel Qtr-over-Qtr Comparison-34.png 

For more on 53' domestic intermodaltruckload and managed transportation services, please sign-up for our weekly blogs and visit the InTek Freight and Logistics website.

Follow InTek on LinkedIn

Follow InTek Freight & Logistics:

linkedin logo-1.pngtwitter logo.jpggoogle plus logo.jpg

INTERMODAL Free Rate Quote

Proud Members of:TIAIANASmartWay

Other Recognition and Certifications:Transort Topics Top 25 Freight BrokerTop 3PL & Cold Storage ProviderTIA Diamond BrokerTIA $100,000 Performance Bond

SunteckTTS                                                 InTek Freight & Logistics is an agent of 

Talk To Us We're Here to Help
Certifications:
Intek Freight & Logistics Intek Freight & Logistics Intek Freight & Logistics Intek Freight & Logistics
Proud Member of:
Intek Freight & Logistics Intek Freight & Logistics Intek Freight & Logistics