News & Syleconomics

Syleconomics July 2014 Edition

June 2014 vs. June 2013: June 2014 did not disappoint. June is typically the strongest month of the year, and even though June 2014 had one more business day (5% more days), the business volumes (loads) increased by 15% and the revenues went up by 26%. So if we factor in the fewer number of business days, the revenue could have been 21% and loads 10% higher than last year. So June actually saw a continued increase in rates year-over-year. The striking figure that comes out of June is the line-haul revenue per mile. It is up 25% year-over-year and up 11% from May. It is just an indicator of how price is so volatile in a market where supply (drivers) is tight.

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Syleconomics June 2014 Edition

May 2014 vs. May 2013: May 2014 continues the trend this year of continuing year-over-year growth momentum. May 2014 had one fewer (5% fewer) business days than May 2013, yet still managed a healthy 21% revenue jump over the same period last year with only a 7% load increase. So, if we factor in the fewer number of business days, the revenue could have been 22% and loads 8 % higher than last year. So May actually saw a continued increase in rates year-over-year. May is typically a stronger month than April, yet slower than June. All in all, it continues to be a great way to start 2014!

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Syleconomics May 2014 Edition

April 2014 vs. April 2013: April 2014, on the heels of a great few months, continued the year-over-year growth momentum. April 2014 had one fewer (5% fewer) business days as April 2013, yet still managed a healthy 23% revenue jump over the same period last year with only a 9% increase in loads. So if we factor in the fewer number of business days, the revenue could have been 25% and loads 10% higher than last year. So April actually saw a continued increase in rates year-over-year. April is typically a slower month than March (see March commentary below), but the year-over-year numbers still showed a healthy growth. All in all, it continues to be a great way to start 2014!

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