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Good morning, as we wrap up another week in the dynamic world of freight transportation, it's essential to stay informed about the latest market trends. Here's a concise update of the market following Memorial Day:

National fuel price: Diesel prices continue their downward trend, currently averaging $3.39 per gallon nationwide.

Dry Vans
Stay Ahead of The Curve

Rates have seen a slight increase this week, with an average of $1.98 per mile. Despite Memorial Day affecting volumes, there's still stability in the market. However, year-over-year, rates are down by 2%, indicating ongoing shifts.

Reefers
Be Aware of The Rates

Rates for reefers have nudged up to $2.50 per mile. While volumes have dipped slightly week-over-week, the market remains relatively stable, with a year-over-year increase of 1.4% in rates.

Flatbeds
Old reliable, But Theirs’s a Shocking Ending

Flatbed rates have held steady at $2.45 per mile. Although volumes have seen a minor decline, there's only a marginal year-over-year decrease of 6.6% in rates.

Carrier Population: The net change in carriers saw a decrease of 96 carriers last week.

In conclusion, while there are fluctuations in the market, staying informed and making strategic decisions can help navigate the ever-evolving landscape of freight transportation.

Stay tuned for our next update, and remember, informed decisions lead to smoother journeys ahead.