Truck rates steady year over year but down from two years ago

U.S. average refrigerated truck rates were pegged at $3.38 per mile on April 23, slightly higher than $3.32 per mile at the same last year but off 25% from $4.52 per mile at the same time two years ago.

Tractor trailer traveling on a road
Spot truckload rates rose in June despite declines in the number of loads moved.
(Photo courtesy of DAT Freight & Analytics)

Refrigerated truck rates are about steady with last year but lower than two years ago.

U.S. average refrigerated truck rates were pegged at $3.38 per mile on April 23, slightly higher than $3.32 per mile at the same last year but off 25% from $4.52 per mile at the same time two years ago.

The volume of produce shipments in April was reported lighter than last year and two years ago, according to USDA data.

The USDA reported that the volume of refrigerated produce shipments in the U.S. totaled 134,416 truckloads the week of April 9, compared with 154,870 truckloads the same week last year and 154,825 truckloads on April 19 in 2022.

The USDA-reported average refrigerated truck rates for the past two years were:

  • 4/19/22: $4.52
  • 5/17/22: $4.50
  • 6/14/22: $4.50
  • 7/12/22: $4.11
  • 8/16/22: $4.04
  • 9/13/22: $3.98
  • 10/11/22: $3.89
  • 11/15/22: $3.69
  • 12/13/22: $3.74
  • 1/17/23: $3.78
  • 2/14/23: $3.65
  • 3/14/23: $3.47
  • 4/18/23: $3.46
  • 5/16/23: $3.43
  • 6/13/23: $3.61
  • 7/18/23: $3.60
  • 8/15/23: $3.59
  • 9/12/23: $3.68
  • 10/17/23: $3.32
  • 11/14/23: $3.38
  • 12/19/23: $3.35
  • 1/16/24: $3.54
  • 2/13/24: $3.46
  • 3/19/24: $3.33
  • 4/16/24: $3.36

Source: USDA

The Packer logo (567x120)
Related Stories
The Fresh Produce Association of the Americas is supporting projects that is says are beneficial to shipping perishables.
Updates to InteliCool include using AI and machine learning to passively track and control temperatures in tunnels, tubes or MAC systems with efficiency gains of up to 33%.
Morgan DiMartino returns as vice president of marketing, and Jose N. Garcete joins as logistics manager.
Read Next
Last week’s Canadian Produce Marketing Association Convention and Trade Show proved once and for all that produce has moved from commodities to lifestyle brands consumers will clamor for.
Get Daily News
GET MARKET ALERTS
Get News & Markets App