Transport News

Spot Freight Rates Fail to Follow Recovery in Freight Volume

Posted Date : 2015-08-11

Despite the lower rates, there are still some reefer hot spots around the country, according to DAT Analyst Peggy Dorf in the DAT Blog, where you may find above-average rates.The number of spot market loads available on the company’s network of loadboards increased 3.8% for the week ending Aug. 1 compared to the previous seven days as truck capacity fell by 2.7%.Freight volume has recovered over the past week on the DAT spot market, but rates continue moving lower.


Despite this, the average refrigerated van rate declined 0.9% to $2.13 per mile – a 6 cent decline from three weeks earlier.
Vans and flatbeds both posted a 1 cent drop to $1.82 and $2.13 per mile, respectively. Vans are down 5 cents from three weeks ago, while flatbeds have fallen 3 cents during the same time.
These declines came despite load to truck ratios increasing in all three sectors, with the largest happening with flatbeds, 9.9%, resulting in 14.5 loads available per truck, as flatbed load posts increased 6% while truck posts fell 3%.
The van ratio increased 5.8% to 1.7 loads per truck as load availability improved 3.2% while truck capacity slipped 2.5%.The refrigerated truck load-to-truck ratio increased 2.4% to 4.2 loads per truck as load volume held steady while truck posts fell just 2%.

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1 Comments

lee ewy 14-Nov-2017
starting hot shot service in colorado (one ton 30,380 gvwr with 25 5 24,500 gvwr flatbed. looking for dispatch etc. service
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