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powered by DAT RateView™
|Oct 14 – 20 vs.|
Oct 7 – 13
|Sep 2018 vs.|
|Sep 2018 vs.|
|Spot Market Loads||–1.7%||–11%||+0.8%|
|Spot Market Capacity||+0.6%||–9.3%||+24%|
|Van Rates (Spot)||–0.9%||+0.9%||+9.1%|
|Flatbed Rates (Spot)||–0.8%||–3.0%||+13%|
|Reefer Rates (Spot)||–0.8%||+1.2%||+12%|
Extra capacity leads to cooler freight markets
Oct 14 – 20 – Freight movements stalled two weeks ago when Hurricane Michael wreaked havoc on the Southeast, and volumes have yet to rebound. As a result, load-to-truck ratios for each equipment type are the lowest they’ve been all year. An increase in available capacity also pushed national average rates lower for vans, flatbeds and reefers, with dry van rates also hitting their lowest point so far this year.
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National average spot market rates for the past four weeks, including fuel surcharges, are shown in the above graph. Weekly rate snapshots reflect averages for the month to-date, from DAT RateView.
Last update: 10/23/2018 – Next update: 11/06/2018