Oct 1 – 7 – The national average van rate reached $2.09 per mile last week. The last time the average van rate was that high was December 2014. Reefer and flatbed rates are also at multi-year highs. Relief and rebuilding efforts in areas affected by Hurricanes Irma and Harvey – along with strong harvests in Northern states and California – have put a squeeze on capacity nationwide, as load-to-truck ratios remain high for all three trailer types.

National average spot market rates for the past four weeks, including fuel surcharges. Weekly rate snapshots reflect averages for the month to-date, from DAT RateView.

Sep 24 – 30 – Supply chain disruptions caused by Hurricanes Irma and Harvey, coupled with economic growth and a strong harvest season, have put tremendous pressure on both capacity and rates. The national average rates for vans, flatbeds, and reefers increased again last week, exceeding two-year highs. Capacity is tight, as the van load-to-truck ratio hit its highest mark in more than 7 years last week. Load-to-truck ratios for reefers and flatbeds are also at multi-year highs.

The chart above depicts national average spot market rates for the past four weeks, including fuel surcharges. Weekly rate snapshots reflect averages for the month to-date, from DAT RateView.