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DAT Trendlines

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Industry Trends - Spot Market Industry Trends - Van Industry Trends - Flatbed Industry Trends - Reefer Industry Trends - Fuel Prices
Industry Trends WEEK MONTH YEAR
Nov 5 – 11 vs.
Oct 29 – Nov 4
Oct 2017 vs.
Sep 2017
Oct 2017 vs.
Oct 2016
Spot Market Loads 1.6% +1.4% +114%
Spot Market Capacity +7.6% +13% +0.9%
Van Load-To-Truck 6.6% 12% +106%
Van Rates (Spot) 0.5% +2.5% +22%
Flatbed Load-To-Truck 15% 5.5% +172%
Flatbed Rates (Spot) +0.4% +2.2% +21%
Reefer Load-To-Truck 2.4% 14% +77%
Reefer Rates (Spot) +0.0% +3.1% +22%
Fuel Prices +2.2% +0.3% +14%
Pre-Thanksgiving Rush Keeps Rates High

Van and Reefer Rates Hover Near Peak Levels

Nov 5 – 11 – Strong demand and rising fuel prices have kept spot market rates at or near peak levels for the season. The national average van rate dipped 1¢ to $2.06 per mile, only 3¢ below the post-hurricane peak of early October. Reefer rates are back up to a high of $2.37 per mile, driven by a pre-Thanksgiving rush. For flatbeds, a downward trend was interrupted last week by a 1¢ increase that partially offset rising fuel costs.

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.

Last update: 11/15/2017 – Next update: 11/22/2017

Fuel Prices
+1.4%$2.92 / gallon

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Industry Trends - Spot Market Industry Trends - Van Industry Trends - Flatbed Industry Trends - Reefer Industry Trends - Fuel Prices
Industry Trends WEEK MONTH YEAR
Oct 29 – Nov 4 vs.
Oct 22 – 28
Oct 2017 vs.
Sep 2017
Oct 2017 vs.
Oct 2016
Spot Market Loads +4.8% +1.4% +114%
Spot Market Capacity 3.2% +13% +0.9%
Van Load-To-Truck +11% 12% +106%
Van Rates (Spot) +2.0% +2.5% +22%
Flatbed Load-To-Truck 5.1% 5.5% +172%
Flatbed Rates (Spot) 2.1% +2.2% +21%
Reefer Load-To-Truck +22% 14% +77%
Reefer Rates (Spot) +2.2% +3.1% +22%
Fuel Prices +2.1% +0.3% +14%
Rates Rebound for Vans and Reefers

Flatbed Prices Start to Recede

Oct 29 – Nov 4 – Rates for vans and reefers shot up again after receding for three weeks in a row. Flatbed rates moved the other direction, edging down after two months of steady increases. Still, rates for all 3 equipment types have been well above seasonal norms for more than a month. The national average van rate increased 4¢ to $2.07 per mile, while reefer rates increased 5¢, to $2.37 per mile. The national average flatbed price declined 5¢ to $2.29 per mile.

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.

Last update: 11/8/2017 – Next update: 11/15/2017

Fuel Prices
+2.1%$2.88 / gallon

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Industry Trends - Spot Market Industry Trends - Van Industry Trends - Flatbed Industry Trends - Reefer Industry Trends - Fuel Prices
Industry Trends WEEK MONTH YEAR
Oct 22 – 28 vs.
Oct 15 – 21
Sep 2017 vs.
Aug 2017
Sep 2017 vs.
Sep 2016
Spot Market Loads 1.8% +12% +117%
Spot Market Capacity 2.4% 13% 7.5%
Van Load-To-Truck +4.3% +28% +120%
Van Rates (Spot) 0.5% +11% +22%
Flatbed Load-To-Truck 4.3% +46% +226%
Flatbed Rates (Spot) +0.0% +3.7% +20%
Reefer Load-To-Truck +1.3% +23% +104%
Reefer Rates (Spot) 0.4% +7.2% +17%
Fuel Prices +0.7% +7.3% +16%
Average Freight Rates Remain High

Van and Reefer Rates Dip; Flatbeds Hold Steady

Oct 22 – 28 – Rates for vans and reefers declined for the third week in a row, while flatbed rates held steady after climbing for the past two months. Rates remain elevated for this time of year for all three equipment types. The national average van rate dipped 1¢ to $2.03 per mile. Reefer rates also dropped 1¢, to $2.32 per mile. The national average flatbed price was unchanged at $2.34 per mile as building materials continue to move to Florida and the Gulf Coast. Load-to-truck ratios are also 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.

Last update: 11/01/2017 – Next update: 11/8/2017

Fuel Prices
+0.7%$2.82 / gallon

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Industry Trends - Spot Market Industry Trends - Van Industry Trends - Flatbed Industry Trends - Reefer Industry Trends - Fuel Prices
Industry Trends WEEK MONTH YEAR
Oct 15 – 21 vs.
Oct 8 – 14
Sep 2017 vs.
Aug 2017
Sep 2017 vs.
Sep 2016
Spot Market Loads 5.1% +12% +117%
Spot Market Capacity 1.5% 13% 7.5%
Van Load-To-Truck +0.3% +28% +120%
Van Rates (Spot) 1.4% +11% +22%
Flatbed Load-To-Truck 8.3% +46% +226%
Flatbed Rates (Spot) +0.4% +3.7% +20%
Reefer Load-To-Truck 5.7% +23% +104%
Reefer Rates (Spot) 1.3% +7.2% +17%
Fuel Prices +0.4% +7.3% +16%
Van Rate Dips, But Still Above $2 Per Mile

Flatbed Prices Continue to Climb

Oct 15 – 21 – Rates for vans and reefers dipped for the second week in a row, but flatbed prices continue to climb. The national average van rate fell 3¢ to $2.04 per mile, which is well above normal for the season. Reefer rates were also down 3¢, after hitting a multi-year high the first week of October. Flatbed prices, however, have been climbing for the past two months. Flatbeds are in high demand as rebuilding efforts continue in the areas affected by Hurricanes Irma and Harvey. Load-to-truck ratios remain elevated 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.

Last update: 10/25/2017 – Next update: 11/01/2017

Fuel Prices
+0.4%$2.80 / gallon

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Industry Trends - Spot Market Industry Trends - Van Industry Trends - Flatbed Industry Trends - Reefer Industry Trends - Fuel Prices
Industry Trends WEEK MONTH YEAR
Oct 8 – 14 vs.
Oct 1 – 7
Sep 2017 vs.
Aug 2017
Sep 2017 vs.
Sep 2016
Spot Market Loads 9.7% +12% +117%
Spot Market Capacity +7.0% 13% 7.5%
Van Load-To-Truck 17% +28% +120%
Van Rates (Spot) 1.0% +11% +22%
Flatbed Load-To-Truck 12% +46% +226%
Flatbed Rates (Spot) +0.9% +3.7% +20%
Reefer Load-To-Truck 19% +23% +104%
Reefer Rates (Spot) 0.4% +7.2% +17%
Fuel Prices 0.6% +7.3% +16%
Average Van Rate Remains Above $2 Per Mile

Oct 8 – 14 – The national average van rate dipped 2¢ to $2.07 per mile, which is well above seasonal norms. Reefer rates edged down a penny from a multi-year high, but flatbed prices continued to climb. Rebuilding efforts have begun in areas affected by Hurricanes Irma and Harvey, and strong freight volumes are being produced in the Western region. The combination has put additional pressure on truckload capacity, so load-to-truck ratios remain elevated for the 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.

Last update: 10/18/2017 – Next update: 10/25/2017

Fuel Prices
+0.4%$2.79 / gallon

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Capacity Remains Tight for All 3 Trailer Types

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.

Industry Trends - Spot Market Industry Trends - Van Industry Trends - Flatbed Industry Trends - Reefer Industry Trends - Fuel Prices
Industry Trends WEEK MONTH YEAR
Oct 1 – 7 vs.
Sep 24 – 30
Sep 2017 vs.
Aug 2017
Sep 2017 vs.
Sep 2016
Spot Market Loads 3.0% +12% +117%
Spot Market Capacity +1.2% 13% 7.5%
Van Load-To-Truck 7.1% +28% +120%
Van Rates (Spot) +6.1% +11% +22%
Flatbed Load-To-Truck 6.9% +46% +226%
Flatbed Rates (Spot) +1.8% +3.7% +20%
Reefer Load-To-Truck 0.2% +23% +104%
Reefer Rates (Spot) +6.3% +7.2% +17%
Fuel Prices 0.4% +7.3% +16%
Average Van Rate Hits $2.09 Per Mile

Last update: 10/11/2017 – Next update: 10/18/2017

Fuel Prices
-0.4%$2.78 / gallon

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Load-to-Truck Ratios Surge for All 3 Trailer Types

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 vansflatbeds, 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.

Industry Trends - Spot Market Industry Trends - Van Industry Trends - Flatbed Industry Trends - Reefer Industry Trends - Fuel Prices
Industry Trends WEEK MONTH YEAR
Sep 24 – 30 vs.
Sep 17 – 23
Sep 2017 vs.
Aug 2017
Sep 2017 vs.
Sep 2016
Spot Market Loads +5.4% +12% +117%
Spot Market Capacity 3.2% 13% 7.5%
Van Load-To-Truck +9.5% +28% +120%
Van Rates (Spot) +1.5% +11% +22%
Flatbed Load-To-Truck +16% +46% +226%
Flatbed Rates (Spot) +0.9% +3.7% +20%
Reefer Load-To-Truck +1.6% +23% +104%
Reefer Rates (Spot) +0.5% +7.2% +17%
Fuel Prices 0.1% +7.3% +16%
Rates Rise Again, Exceeding Two-Year Highs
Fuel Prices
+0.0%$2.79 / gallon

Last update: 10/4/2017 – Next update: 10/11/2017

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Hurricanes Continue to Affect Capacity Nationwide

Sep 17 – 23 – Capacity remains tight, and national average rates for vansflatbeds, and reefers continue at their highest levels in more than two years, due partly to supply chain disruptions following Hurricanes Irma and Harvey. Last week, rates rose again in the Northeast, Midwest, and Western regions, more than offsetting declines in outbound pricing from Texas, Florida, and surrounding markets.

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.

Industry Trends - Spot Market Industry Trends - Van Industry Trends - Flatbed Industry Trends - Reefer Industry Trends - Fuel Prices
Industry Trends WEEK MONTH YEAR
Sep 17 – 23 vs.
Sep 10 – 16
Aug 2017 vs.
Jul 2017
Aug 2017 vs.
Aug 2016
Spot Market Loads +4.3% +6.2% +100%
Spot Market Capacity +4.7% +12% 1.0%
Van Load-To-Truck 2.9% 0.7% +89%
Van Rates (Spot) +0.5% +0.6% +11%
Flatbed Load-To-Truck +5.1% 22% +170%
Flatbed Rates (Spot) +0.4% +0.5% +15%
Reefer Load-To-Truck +2.9% +11% +78%
Reefer Rates (Spot) +1.4% +0.5% +10%
Fuel Prices 0.4% +3.9% +10%
Spot Truckload Rates Remain at Two-Year Highs

Last update: 9/27/2017 – Next update: 10/4/2017

Fuel Prices
+0.0%$2.79 / gallon
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Industry Trends - Spot Market Industry Trends - Van Industry Trends - Flatbed Industry Trends - Reefer Industry Trends - Fuel Prices
Industry Trends WEEK MONTH YEAR
Sep 10 – 16 vs.
Sep 3 – 9
Aug 2017 vs.
Jul 2017
Aug 2017 vs.
Aug 2016
Spot Market Loads +27% +6.2% +100%
Spot Market Capacity +19% +12% 1.0%
Van Load-To-Truck 0.6% 0.7% +89%
Van Rates (Spot) +0.0% +0.6% +11%
Flatbed Load-To-Truck +19% 22% +170%
Flatbed Rates (Spot) +0.0% +0.5% +15%
Reefer Load-To-Truck +4.9% +11% +78%
Reefer Rates (Spot) +0.5% +0.5% +10%
Fuel Prices 0.4% +3.9% +10%
Rates Hit 2-Year Highs After Hurricanes Irma and Harvey

Capacity Tightens in Wake of Hurricanes

Sep 10 – 16 – Hurricanes Harvey and Irma have come and gone, but their destructive effects will last for months or even years. Last week, supply chains that were already disrupted by Harvey were hit again by Irma’s landfall. Truckers and freight brokers have been helping with recovery efforts, while tight capacity caused by the disruption, combined with demand from a stronger economy, boosted spot market volume and rates to the highest levels in more than two years for vansflatbeds, and reefers.

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.

Last update: 9/20/2017 – Next update: 9/27/2017

Fuel Prices
-0.4%$2.79 / gallon
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Capacity Tightens in Harvey’s Wake

Sep 3 – 9 – Two powerful hurricanes hit within just a few days, destroying lives, homes and businesses. It will take months or years to repair the property damage alone. Freight transportation is disrupted all across the U.S., as supply chains were re-routed after Hurricane Harvey and again before Hurricane Irma. Fuel prices also soared, driving rates up to the highest weekly averages in more than two years. National average van rates gained 3¢ per mile, reefer rates jumped 8¢, and flatbed rates added 4¢.

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.

Industry Trends - Spot Market Industry Trends - Van Industry Trends - Flatbed Industry Trends - Reefer Industry Trends - Fuel Prices
Industry Trends WEEK MONTH YEAR
Sep 3 – 9 vs.
Aug 27 – Sep 2
Aug 2017 vs.
Jul 2017
Aug 2017 vs.
Aug 2016
Spot Market Loads 2.7% +6.2% +100%
Spot Market Capacity 15% +12% 1.0%
Van Load-To-Truck +17% 0.7% +89%
Van Rates (Spot) +1.6% +0.6% +11%
Flatbed Load-To-Truck +29% 22% +170%
Flatbed Rates (Spot) +1.8% +0.5% +15%
Reefer Load-To-Truck 2.1% +11% +78%
Reefer Rates (Spot) +3.8% +0.5% +10%
Fuel Prices +1.4% +3.9% +10%
Spot Rates Rise Before Irma Lands
Fuel Prices
+1.4%$2.80 / gallon

Last update: 9/13/2017 – Next update: 9/20/2017

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Industry Trends - Spot Market Industry Trends - Van Industry Trends - Flatbed Industry Trends - Reefer Industry Trends - Fuel Prices
Industry Trends WEEK MONTH YEAR
Aug 27 – Sep 2 vs.
Aug 20 – 26
Aug 2017 vs.
Jul 2017
Aug 2017 vs.
Aug 2016
Spot Market Loads +2.9% +6.2% +100%
Spot Market Capacity 4.3% +12% 1.0%
Van Load-To-Truck +8.7% 0.7% +89%
Van Rates (Spot) +6.7% +0.6% +11%
Flatbed Load-To-Truck +0.5% 22% +170%
Flatbed Rates (Spot) +0.9% +0.5% +15%
Reefer Load-To-Truck +16% +11% +78%
Reefer Rates (Spot) +1.4% +0.5% +10%
Fuel Prices +5.4% +3.9% +10%
Post-Hurricane Van Rates Increase 12¢

Harvey Disrupts Supply Chains, Causing Capacity Shortfalls

Aug 27 – Sep 2 – In the first full week since Hurricane Harvey, truckers rushed to help with emergency relief, supply chains faced massive disruption, and ripple effects led to capacity shortfalls in multiple freight markets throughout the country. Van rates soared an average of 12¢ per mile nationwide as a result, while reefer rates rose 3¢ and flatbeds added 2¢. Also on the rise are diesel prices, which increased an average of 15¢ per gallon nationally, due to closure of many Houston-area refineries.

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.

Last update: 9/6/2017 – Next update: 9/13/2017
Fuel Prices
+5.4%$2.76 / gallon
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August Demand Remains Strong

Aug 20 – 26 – The month continues with an unusually strong demand for freight. Hurricane Harvey hit late in the week, on Friday, August 25, so its effect on capacity and rates will be seen more in next week’s numbers. Last week, national vanflatbed and reefer rates were unchanged compared to the previous week. Load-to-truck ratios moved higher for vans and reefers, but were lower for flatbeds.

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.

Industry Trends - Spot Market Industry Trends - Van Industry Trends - Flatbed Industry Trends - Reefer Industry Trends - Fuel Prices
Industry Trends WEEK MONTH YEAR
Aug 20 – 26 vs.
Aug 13 – 19
Jul 2017 vs.
Jun 2017
Jul 2017 vs.
Jul 2016
Spot Market Loads +1.0% 16% +89%
Spot Market Capacity 1.8% 5.4% +0.3%
Van Load-To-Truck +7.4% 7.1% +81%
Van Rates (Spot) +0.0% 0.6% +9.8%
Flatbed Load-To-Truck 3.9% 14% +156%
Flatbed Rates (Spot) +0.0% +1.4% +14%
Reefer Load-To-Truck +7.2% 13% +68%
Reefer Rates (Spot) +0.0% 1.9% +7.8%
Fuel Prices +0.0% 0.6% +3.8%
Rates Hold Steady Ahead of Hurricane

Last update: 8/30/2017 – Next update: 9/6/2017

Fuel Prices
+0.0%$2.60 / gallon
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Van, Reefer, Flatbed Prices Dip 1¢

Aug 13 – 19 – August continues with an unusually strong demand for freight. Rates remain high as well, even though they’ve declined a bit since early August. Vanflatbed and reefer rates all dipped 1¢ per mile, as a national average. Load-to-truck ratios moved lower for vans and flatbeds, but increased for reefers.

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.

Industry Trends - Spot Market Industry Trends - Van Industry Trends - Flatbed Industry Trends - Reefer Industry Trends - Fuel Prices
Industry Trends WEEK MONTH YEAR
Aug 13 – 19 vs.
Aug 6 – 12
Jul 2017 vs.
Jun 2017
Jul 2017 vs.
Jul 2016
Spot Market Loads 2.1% 16% +89%
Spot Market Capacity +0.0% 5.4% +0.3%
Van Load-To-Truck 1.4% 7.1% +81%
Van Rates (Spot) 0.6% 0.6% +9.8%
Flatbed Load-To-Truck 6.0% 14% +156%
Flatbed Rates (Spot) 0.5% +1.4% +14%
Reefer Load-To-Truck +6.5% 13% +68%
Reefer Rates (Spot) 0.5% 1.9% +7.8%
Fuel Prices +0.7% 0.6% +3.8%
Freight Volumes and Rates Remain Strong

Last update: 8/23/2017 – Next update: 8/30/2017

Fuel Prices
+0.0%$2.60 / gallon
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Rates Give Back Previous Week’s Gain

Aug 6 – 12 – August continues with an unusually strong demand for freight. Rates remain high as well, although they gave back the gains of the previous week, returning closer to July averages. Van and flatbed rates dipped 3¢ per mile, and reefer rates fell 4¢, as a national average. Load-to-truck ratios also moved lower, compared to the prior week’s 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.

Industry Trends - Spot Market Industry Trends - Van Industry Trends - Flatbed Industry Trends - Reefer Industry Trends - Fuel Prices
Industry Trends WEEK MONTH YEAR
Aug 6 – 12 vs.
Jul 30 – Aug 5
Jul 2017 vs.
Jun 2017
Jul 2017 vs.
Jul 2016
Spot Market Loads 7.8% 16% +89%
Spot Market Capacity +3.4% 5.4% +0.3%
Van Load-To-Truck 12% 7.1% +81%
Van Rates (Spot) 1.6% 0.6% +9.8%
Flatbed Load-To-Truck 14% 14% +156%
Flatbed Rates (Spot) 1.4% +1.4% +14%
Reefer Load-To-Truck 9.3% 13% +68%
Reefer Rates (Spot) 1.9% 1.9% +7.8%
Fuel Prices +0.8% 0.6% +3.8%
August Freight Volumes Remain Strong

Last update: 8/16/2017 – Next update: 8/23/2017

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August Begins With Strong Demand and Rates

Jul 30 – Aug 5 – July ended, and August began, with unusually strong demand for freight. National average van and flatbed rates gained 3¢ per mile, and reefer rates added 4¢. Load-to-truck ratios increased for vans and reefers, due partly to a boost in activity in the Midwest.

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.

Industry Trends - Spot Market Industry Trends - Van Industry Trends - Flatbed Industry Trends - Reefer Industry Trends - Fuel Prices
Industry Trends WEEK MONTH YEAR
Jul 30 – Aug 5 vs.
Jul 23 – 29
Jul 2017 vs.
Jun 2017
Jul 2017 vs.
Jul 2016
Spot Market Loads 1.0% 16% +89%
Spot Market Capacity 2.1% 5.4% +0.3%
Van Load-To-Truck +5.5% 7.1% +81%
Van Rates (Spot) +1.7% 0.6% +9.8%
Flatbed Load-To-Truck 8.6% 14% +156%
Flatbed Rates (Spot) +1.4% +1.4% +14%
Reefer Load-To-Truck +6.1% 13% +68%
Reefer Rates (Spot) +1.9% 1.9% +7.8%
Fuel Prices +1.9% 0.6% +3.8%
Rates Rise for Vans, Reefers, and Flatbeds

Last update: 8/9/2017 – Next update: 8/16/2017

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+1.9%$2.58 / gal
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Flatbed Rates Rise as Vans and Reefers Dip

Jul 23 – 29 – An unexpected boost in freight volumes lifted load-to-truck ratios for all equipment types in late July. Rates did not follow suit, although they remain atypically strong for the season. National average van rates dipped 2¢ and reefers lost 1¢. Only flatbed rates rose, adding 1¢ per mile to the national average.

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.

Industry Trends - Spot Market Industry Trends - Van Industry Trends - Flatbed Industry Trends - Reefer Industry Trends - Fuel Prices
Industry Trends WEEK MONTH YEAR
Jul 23 – 29 vs.
Jul 16 – 22
Jul 2017 vs.
Jun 2017
Jul 2017 vs.
Jul 2016
Spot Market Loads +2.2% 16% +89%
Spot Market Capacity 2.3% 5.4% +0.3%
Van Load-To-Truck +8.5% 7.1% +81%
Van Rates (Spot) 1.1% 0.6% +9.8%
Flatbed Load-To-Truck +3.1% 14% +156%
Flatbed Rates (Spot) +0.5% +1.4% +14%
Reefer Load-To-Truck +6.2% 13% +68%
Reefer Rates (Spot) 0.5% 1.9% +7.8%
Fuel Prices +0.8% 0.6% +3.8%
Freight Volumes Get Unexpected Boost

Last update: 8/2/2017 – Next update: 8/9/2017

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+0.8%$2.53 / g
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Industry Trends - Spot Market Industry Trends - Van Industry Trends - Flatbed Industry Trends - Reefer Industry Trends - Fuel Prices
Industry Trends WEEK MONTH YEAR
Jul 16 – 22 vs.
Jul 9 – 15
Jun 2017 vs.
May 2017
Jun 2017 vs.
Jun 2016
Spot Market Loads 2.5% +22% +90%
Spot Market Capacity +1.8% 11% 0.8%
Van Load-To-Truck 3.6% +49% +91%
Van Rates (Spot) 1.1% +6.5% +11%
Flatbed Load-To-Truck 5.1% +18% +137%
Flatbed Rates (Spot) 0.9% +2.9% +10%
Reefer Load-To-Truck 4.9% +47% +77%
Reefer Rates (Spot) 1.4% +5.0% +7.1%
Fuel Prices +0.8% 1.9% +3.6%
July Slump is Less Dramatic This Year

Rates Dip for Vans, Reefers, Flatbeds

Jul 16 – 22 – Freight volumes and prices moved lower last week, as is typical in mid-July. Still, we’re coming off some of the highest prices we’ve seen in years. National averages rates for vans and flatbeds dipped 2¢ per mile, while reefer rates declined 3¢.

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.

Last update: 7/26/2017 – Next update: 8/2/2017

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+0.8%$2.51
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Industry Trends - Spot Market Industry Trends - Van Industry Trends - Flatbed Industry Trends - Reefer Industry Trends - Fuel Prices
Industry Trends WEEK MONTH YEAR
Jul 9 – 15 vs.
Jul 2 – 8
Jun 2017 vs.
May 2017
Jun 2017 vs.
Jun 2016
Spot Market Loads +35% +22% +90%
Spot Market Capacity +28% 11% 0.8%
Van Load-To-Truck 7.0% +49% +91%
Van Rates (Spot) 3.7% +6.5% +11%
Flatbed Load-To-Truck +4.8% +18% +137%
Flatbed Rates (Spot) 0.5% +2.9% +10%
Reefer Load-To-Truck +8.5% +47% +77%
Reefer Rates (Spot) 2.3% +5.0% +7.1%
Fuel Prices +0.4% 1.9% +3.6%
Freight Volumes Surge Following Holiday Week

Rates Back Off After Pre-Holiday Rush

Jul 9 – 15 – The post-holiday week brought record van volumes in the top 100  lanes, and flatbed volumes showed strong gains as well. Higher demand did not lead to higher rates, however, as urgency subsided. The national averages for van, reefer and flatbed rates declined.

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.

Last update: 7/19/2017 – Next update: 7/26/2017

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Spot Market Rates Remain High in July

Jul 2 – 8 – Since the 4th of July landed on a Tuesday this year, many people also took Monday off for a 4-day weekend. As a result of the shorter work week, load posts and truck posts were down for all three equipment types. National averages vanreefer and flatbed rates remain elevated, though, with consumer goods pushing spot rates higher in the Northeast.

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.

Industry Trends - Spot Market Industry Trends - Van Industry Trends - Flatbed Industry Trends - Reefer Industry Trends - Fuel Prices
Industry Trends WEEK MONTH YEAR
Jul 2 – 8 vs.
Jun 25 – Jul 1
Jun 2017 vs.
May 2017
Jun 2017 vs.
Jun 2016
Spot Market Loads 34% +22% +90%
Spot Market Capacity 19% 11% 0.8%
Van Load-To-Truck 16% +49% +91%
Van Rates (Spot) +5.6% +6.5% +11%
Flatbed Load-To-Truck 6.9% +18% +137%
Flatbed Rates (Spot) +2.3% +2.9% +10%
Reefer Load-To-Truck 29% +47% +77%
Reefer Rates (Spot) +2.4% +5.0% +7.1%
Fuel Prices +0.4% 1.9% +3.6%
Demand Eases During Holiday Week

Last update: 7/12/2017 – Next update: 7/19/2017

Fuel Prices
+0.4%$2.48 / gallon
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Industry Trends - Spot Market Industry Trends - Van Industry Trends - Flatbed Industry Trends - Reefer Industry Trends - Fuel Prices
Industry Trends WEEK MONTH YEAR
Jun 25 – Jul 1 vs.
Jun 18 – 24
Jun 2017 vs.
May 2017
Jun 2017 vs.
Jun 2016
Spot Market Loads +3.0% +22% +90%
Spot Market Capacity 2.8% 11% 0.8%
Van Load-To-Truck +16% +49% +91%
Van Rates (Spot) +0.6% +6.5% +11%
Flatbed Load-To-Truck 6.8% +18% +137%
Flatbed Rates (Spot) +0.5% +2.9% +10%
Reefer Load-To-Truck +12% +47% +77%
Reefer Rates (Spot) +0.0% +5.0% +7.1%
Fuel Prices +0.3% 1.9% +3.6%
End of Q2 Brings Tighter Capacity

Rates Soar Ahead of Independence Day

Jun 25 – Jul 1 – The end of the quarter and the run-up to the July 4th holiday combined to put pressure on spot market capacity and rates last week. The national average van rate for June rose 11¢ above the May average. Reefer rates were up 10¢ month over month, and flatbed rates got a 6¢ boost, compared to May.

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.

Last update: 7/5/2017 – Next update: 7/12/2017

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+0.3%$2.47 / gallon
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Prices Hover at 2-Year Highs

Jun 18 – 24 – Although severe weather disrupted freight movements in the South, demand remains strong nationally, and rates continue to hover at 2-year highs. National average van rates held steady for the third week in a row, while reefers gained 1¢ per mile, and flatbed rates dipped 1¢. Demand and rates may rise even higher this week, in the run-up to the July 4th weekend and the end of the second quarter.

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.

Industry Trends - Spot Market Industry Trends - Van Industry Trends - Flatbed Industry Trends - Reefer Industry Trends - Fuel Prices
Industry Trends WEEK MONTH YEAR
Jun 18 – 24 vs.
Jun 11 – 17
May 2017 vs.
Apr 2017
May 2017 vs.
May 2016
Spot Market Loads +2.5% +8.8% +100%
Spot Market Capacity 1.2% +14% +2.7%
Van Load-To-Truck +6.2% +7.8% +109%
Van Rates (Spot) +0.0% +1.2% +9.7%
Flatbed Load-To-Truck 6.0% 16% +117%
Flatbed Rates (Spot) 0.5% +1.4% +9.4%
Reefer Load-To-Truck +14% +3.7% +98%
Reefer Rates (Spot) +0.5% +4.1% +6.9%
Fuel Prices 1.4% 0.9% +11%
Demand and Rates Remain High

Last update: 6/28/2017 – Next update: 7/5/2017

Fuel Prices
-1.2%$2.46 / gallon
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Load-to-Truck Ratios Dip, but Not Prices

Jun 11 – 17 – Load board activity subsided from the previous week in which the national load-to-truck ratio for all equipment types hit its highest mark in years. Despite the dip in load-to-truck ratios, rates did not fall. National average rates held steady for vans and reefers, while rates for flatbeds increased 1¢ per mile. Rates for all equipment types remain at their highest level in nearly two years.

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.

Industry Trends - Spot Market Industry Trends - Van Industry Trends - Flatbed Industry Trends - Reefer Industry Trends - Fuel Prices
Industry Trends WEEK MONTH YEAR
Jun 11 – 17 vs.
Jun 4 – 10
May 2017 vs.
Apr 2017
May 2017 vs.
May 2016
Spot Market Loads 0.5% +8.8% +100%
Spot Market Capacity +8.9% +14% +2.7%
Van Load-To-Truck 9.0% +7.8% +109%
Van Rates (Spot) +0.0% +1.2% +9.7%
Flatbed Load-To-Truck 9.5% 16% +117%
Flatbed Rates (Spot) +0.5% +1.4% +9.4%
Reefer Load-To-Truck 9.7% +3.7% +98%
Reefer Rates (Spot) +0.0% +4.1% +6.9%
Fuel Prices 1.2% 0.9% +11%
Spot Rates Remain at 2-Year Highs

Last update: 6/21/2017 – Next update: 6/28/2017

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Load-to-Truck Ratios Soar

Jun 4 – 10 – Load board activity was as robust as we’ve ever seen it, with the national load-to-truck ratio for all equipment types hitting 11.0. That’s the highest it’s been since the week after Memorial Day 2014. There was the expected week-over-week increase going from a 4-day work week to a 5-day work week, plus the annual Roadcheck inspection blitz tightened capacity during the week. National average rates increased for vansreefers and flatbeds, with rates hitting their highest marks in nearly two years.

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.

Industry Trends - Spot Market Industry Trends - Van Industry Trends - Flatbed Industry Trends - Reefer Industry Trends - Fuel Prices
Industry Trends WEEK MONTH YEAR
Jun 4 – 10 vs.
May 28 – Jun 3
May 2017 vs.
Apr 2017
May 2017 vs.
May 2016
Spot Market Loads +30% +8.8% +100%
Spot Market Capacity +5.9% +14% +2.7%
Van Load-To-Truck +11% +7.8% +109%
Van Rates (Spot) +3.5% +1.2% +9.7%
Flatbed Load-To-Truck +27% 16% +117%
Flatbed Rates (Spot) +1.4% +1.4% +9.4%
Reefer Load-To-Truck +33% +3.7% +98%
Reefer Rates (Spot) +3.4% +4.1% +6.9%
Fuel Prices 1.6% 0.9% +11%
Demand and Rates Surge Following Holiday Week

Last update: 6/14/2017 – Next update: 6/21/2017

Fuel Prices
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Industry Trends - Spot Market Industry Trends - Van Industry Trends - Flatbed Industry Trends - Reefer Industry Trends - Fuel Prices
Industry Trends WEEK MONTH YEAR
May 28 – Jun 3 vs.
May 21 – 27
May 2017 vs.
Apr 2017
May 2017 vs.
May 2016
Spot Market Loads 9.2% +8.8% +100%
Spot Market Capacity 19% +14% +2.7%
Van Load-To-Truck +22% +7.8% +109%
Van Rates (Spot) +3.0% +1.2% +9.7%
Flatbed Load-To-Truck +13% 16% +117%
Flatbed Rates (Spot) +1.0% +1.4% +9.4%
Reefer Load-To-Truck 2.4% +3.7% +98%
Reefer Rates (Spot) +1.5% +4.1% +6.9%
Fuel Prices 0.4% 0.9% +11%
Spot Rates Surge Heading Into Summer

Van Load-to-Truck Ratio Soars

May 28 – Jun 3 – National average rates increased for vansreefers and flatbeds, with rates for reefers and flatbeds hitting their highest marks in nearly two years. Load and truck posts on DAT load boards declined due to the 4-day work week following Memorial Day, yet the van load-to-truck ratio hit its highest level since 2014.

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.

Last update: 6/7/2017 – Next update: 6/14/2017

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Industry Trends - Spot Market Industry Trends - Van Industry Trends - Flatbed Industry Trends - Reefer Industry Trends - Fuel Prices
Industry Trends WEEK MONTH YEAR
May 21 – 27 vs.
May 14 – 20
Apr 2017 vs.
Mar 2017
Apr 2017 vs.
Apr 2016
Spot Market Loads +2.3% 0.3% +91%
Spot Market Capacity 0.7% 12% 6.6%
Van Load-To-Truck +13% +8.4% +128%
Van Rates (Spot) 0.6% +2.5% +11%
Flatbed Load-To-Truck 11% +20% +103%
Flatbed Rates (Spot) +0.5% +2.0% +8.9%
Reefer Load-To-Truck +8.4% +6.1% +134%
Reefer Rates (Spot) +1.0% +3.7% +7.8%
Fuel Prices 0.2% +1.1% +20%
Rates Rose in Many Markets Ahead of Memorial Day

Capacity Tightens Ahead of Holiday

May 21 – 27 – Some drivers wrapped up their work weeks early ahead of the Memorial Day weekend, which led to tighter capacity near the end of the week. National average rates rose for reefers and flatbeds. The national van rate dipped 1¢ due to falling fuel surcharges, but rates were up in most of the major van markets.

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.

Last update: 5/31/2017 – Next update: 6/7/2017

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+1.2%$2.57 / gallon
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Industry Trends - Spot Market Industry Trends - Van Industry Trends - Flatbed Industry Trends - Reefer Industry Trends - Fuel Prices
Industry Trends WEEK MONTH YEAR
May 14 – 20 vs.
May 7 – 13
Apr 2017 vs.
Mar 2017
Apr 2017 vs.
Apr 2016
Spot Market Loads +5.4% 0.3% +91%
Spot Market Capacity 2.9% 12% 6.6%
Van Load-To-Truck +12% +8.4% +128%
Van Rates (Spot) +0.6% +2.5% +11%
Flatbed Load-To-Truck +3.8% +20% +103%
Flatbed Rates (Spot) +0.5% +2.0% +8.9%
Reefer Load-To-Truck +17% +6.1% +134%
Reefer Rates (Spot) +0.0% +3.7% +7.8%
Fuel Prices 0.8% +1.1% +20%
Spot Market Rates Trending Upward

Van Demand Ratio Hits New Peak

May 14 – 20 – Last week, the national average van rate added another 1¢ per mile, as the load-to-truck ratio hit a new high at 3.7 van loads per truck. Reefer activity is ramping up in California, and the average reefer rate remains at its highest point since January. Flatbed demand also continues to be strong, and the national flatbed rate gained 1¢.

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.

Last update: 5/24/2017 – Next update: 5/31/2017

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Industry Trends - Spot Market Industry Trends - Van Industry Trends - Flatbed Industry Trends - Reefer Industry Trends - Fuel Prices
Industry Trends WEEK MONTH YEAR
May 7 – 13 vs.
Apr 30 – May 6
Apr 2017 vs.
Mar 2017
Apr 2017 vs.
Apr 2016
Spot Market Loads 1.5% 0.3% +91%
Spot Market Capacity +1.8% 12% 6.6%
Van Load-To-Truck 0.2% +8.4% +128%
Van Rates (Spot) 1.2% +2.5% +11%
Flatbed Load-To-Truck 6.2% +20% +103%
Flatbed Rates (Spot) 0.5% +2.0% +8.9%
Reefer Load-To-Truck 5.6% +6.1% +134%
Reefer Rates (Spot) +1.0% +3.7% +7.8%
Fuel Prices 0.7% +1.1% +20%
Short Haul Rates Climb, While Long Haul Van Rates Slip

Spring Harvests Boost Reefer Rates

May 7 – 13 – Last week, the national average van rate retreated 2¢ per mile after hitting its highest point since January the previous week. Likewise, the national flatbed rate dipped 1¢ last week after reaching its highest level in nearly two years the week before. Spring produce coming out of California and Central Florida helped boost the  average reefer rate up 2¢ per mile.

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.

Last update: 5/17/2017 – Next update: 5/24/2017

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Industry Trends - Spot Market Industry Trends - Van Industry Trends - Flatbed Industry Trends - Reefer Industry Trends - Fuel Prices
Industry Trends WEEK MONTH YEAR
Apr 30 – May 6 vs.
Apr 23 – 29
Apr 2017 vs.
Mar 2017
Apr 2017 vs.
Apr 2016
Spot Market Loads 5.9% 0.3% +91%
Spot Market Capacity 0.4% 12% 6.6%
Van Load-To-Truck 3.0% +8.4% +128%
Van Rates (Spot) +1.8% +2.5% +11%
Flatbed Load-To-Truck 11% +20% +103%
Flatbed Rates (Spot) +1.0% +2.0% +8.9%
Reefer Load-To-Truck +11% +6.1% +134%
Reefer Rates (Spot) +1.5% +3.7% +7.8%
Fuel Prices 0.5% +1.1% +20%
Van and Reefer Rates Hit Highest Marks in Months

Spring Harvests Increase Demand for Reefers

Apr 30 – May 6 – Rates rose for all trailer types last week, though there was a slight drop in load-to-truck ratios for vans and flatbeds. Van rates and reefer rates increased 3¢ per mile nationally, each hitting their highest marks since January. The national flatbed rates rose to its highest average in nearly two years.

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.

Last update: 5/10/2017 – Next update: 5/17/2017

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Industry Trends - Spot Market Industry Trends - Van Industry Trends - Flatbed Industry Trends - Reefer Industry Trends - Fuel Prices
Industry Trends WEEK MONTH YEAR
Apr 23 – 29 vs.
Apr 16 – 22
Apr 2017 vs.
Mar 2017
Apr 2017 vs.
Apr 2016
Spot Market Loads +1.6% 0.7% +91%
Spot Market Capacity +8.4% 12% 6.8%
Van Load-To-Truck 4.2% +8.0% +127%
Van Rates (Spot) 0.6% +2.5% +11%
Flatbed Load-To-Truck 7.0% +19% +102%
Flatbed Rates (Spot) +0.0% +2.0% +8.9%
Reefer Load-To-Truck 13% +6.1% +134%
Reefer Rates (Spot) +0.0% +3.7% +7.8%
Fuel Prices 0.1% +1.1% +20%
Rates Rise in April for All Trailer Types

Load-to-Truck Ratios Exceed Seasonal Norms

Apr 23 – 29 – Rates rose for all trailer types in the month of April, and load-to-truck ratios were above seasonal norms, signaling a strong start to the second quarter. Last week’s rates held steady for reefers and flatbeds, while van rates dipped 1¢ per mile.

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.

Last update: 5/3/2017 – Next update: 5/10/2017

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-0.8%$2.58 / gallon
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Industry Trends - Spot Market Industry Trends - Van Industry Trends - Flatbed Industry Trends - Reefer Industry Trends - Fuel Prices
Industry Trends WEEK MONTH YEAR
Apr 16 – 22 vs.
Apr 9 – 15
Mar 2017 vs.
Feb 2017
Mar 2017 vs.
Mar 2016
Spot Market Loads +10% +46% +92%
Spot Market Capacity 1.5% +12% +1.7%
Van Load-To-Truck +11% +30% +98%
Van Rates (Spot) +0.0% +0.6% +7.2%
Flatbed Load-To-Truck +20% +38% +109%
Flatbed Rates (Spot) +0.0% +3.6% +9.1%
Reefer Load-To-Truck +2.4% +31% +99%
Reefer Rates (Spot) +0.0% +0.5% +5.1%
Fuel Prices +0.6% 0.6% +22%
National Average Rates Hold Firm

Ratios Rise for Each Trailer Type

Apr 16 – 22 – The national averages for vanreefer, and flatbed rates continued to hold steady, while prices in many major freight markets continued their slow-and-steady springtime climb. Demand for flatbeds was especially high last week, as the load-to-truck ratio hit 47.8 loads posted for every truck posted.

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.

Last update: 4/25/2017 – Next update: 5/2/2017

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+0.0%$2.60 / gallon
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1. ELD Mandate

Of course, Electronic Logging Devices are what’s on most people’s minds. Come Dec. 18, every carrier will be required to have ELDs in their trucks, which the driver will use for their hours-of-service (HOS) logs. Some drivers think it’s an overreach by Big Brother, while other owner-operators see it as an added expense and obstacle that could put them out of business. Most hope that the Trump administration will do away with it.

So far, we haven’t seen anything to suggest that it’s going anywhere. President Trump’s executive order to freeze new regulations applied to proposed rules like speed limiters, but the ELD mandate is already law. Most of the big carriers have been using ELDs for years – organizations like the ATA support the ELD mandate – so it’s small carriers and owner-operators who will be most affected by the law.

Back in Novemeber, Todd Spencer, executive vice president of OOIDA, pointed out to Overdrive Magazine that the political climate hasn’t changed so much since the ELD mandate was first introduced.

“We’ve had Republican control of both the Senate and the House for quite a while,” he explained.  “Unfortunately, the ELD rule was pushed through by Republicans in Congress, even some Tea Party Republicans.”

That said, OOIDA recently filed a lawsuit with the Supreme Court to try to stop the rule.

2. Carrier Safety Fitness Determination

The FMCSA announced that they’re postponing the new rules that would measure a carrier’s Safety Fitness Determination. Most carrier associations opposed the SFD because the guidelines were based on safety data they considered to be flawed.

3. New Food Safety Rules

New standards for transporting food went into effect in April. For now, the new rules only apply to large companies, and everyone else has until April 2018 to comply. You can click here to see if your company is exempt.

4. HOS: 34-Hour Restart

The 2013 version of the 34-hour restart rule required that drivers be off duty for two periods from 1:00 to 5:00 AM in order to reset their hours of service. You could also only use the restart once per week. A recent study of the rules determined that they weren’t any safer, so those are now gone for good.

5. Final Stage of MC Numbers Rule Suspended

The Unified Registration System will eliminate docket numbers (MC numbers) for carriers and brokers (FF numbers, etc), identifying them solely by their DOT number. While NEW carriers and brokers are now required to use the URS, the final phase will apply to EXISTING carriers and brokers. That final stage is on hold for now.

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Industry Trends - Spot Market Industry Trends - Van Industry Trends - Flatbed Industry Trends - Reefer Industry Trends - Fuel Prices
Industry Trends WEEK MONTH YEAR
Apr 9 – 15 vs.
Apr 2 – 8
Mar 2017 vs.
Feb 2017
Mar 2017 vs.
Mar 2016
Spot Market Loads 2.4% +46% +92%
Spot Market Capacity 0.5% +12% +1.7%
Van Load-To-Truck 6.4% +30% +98%
Van Rates (Spot) 0.6% +0.6% +7.2%
Flatbed Load-To-Truck +1.5% +38% +109%
Flatbed Rates (Spot) +0.0% +3.6% +9.1%
Reefer Load-To-Truck 4.1% +31% +99%
Reefer Rates (Spot) +0.5% +0.5% +5.1%
Fuel Prices +1.0% 0.6% +22%
Demand Slows Just Before Easter

Vans Rates Dip 1¢, Reefer Rates Gain 1¢

Apr 9 – 15 – Spot market volumes usually fall in the week before Easter, with many shippers closing down early on Good Friday and truck drivers trying to get home for the holiday weekend. Some drivers may have settled on lower rates to get home, and the national average van rate dipped 1¢. Flatbed rates held steady, while agricultural markets pushed reefer rates up 1¢.

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.

Last update: 4/19/2017 – Next update: 4/26/2017

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Industry Trends - Spot Market Industry Trends - Van Industry Trends - Flatbed Industry Trends - Reefer Industry Trends - Fuel Prices
Industry Trends WEEK MONTH YEAR
Apr 2 – 8 vs.
Mar 26 – Apr 1
Mar 2017 vs.
Feb 2017
Mar 2017 vs.
Mar 2016
Spot Market Loads 1.7% +46% +92%
Spot Market Capacity +1.5% +12% +1.7%
Van Load-To-Truck 8.0% +30% +98%
Van Rates (Spot) +3.7% +0.6% +7.2%
Flatbed Load-To-Truck 3.6% +38% +109%
Flatbed Rates (Spot) +2.0% +3.6% +9.1%
Reefer Load-To-Truck +1.3% +31% +99%
Reefer Rates (Spot) +3.2% +0.5% +5.1%
Fuel Prices +0.9% 0.6% +22%
Spring Brings Higher Spot Market Rates

Vans, Reefers, Flats See Increases

Apr 2 – 8 – Although freight volumes dipped last week compared to the previous week’s end-of-quarter surge, rates continued to climb. Spring produce is on the move, resulting in an increase in reefer rates, and high load-to-truck ratios boosted flatbed rates.

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.

Last update: 4/12/2017 – Next update: 4/19/2017

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Industry Trends - Spot Market Industry Trends - Van Industry Trends - Flatbed Industry Trends - Reefer Industry Trends - Fuel Prices
Industry Trends WEEK MONTH YEAR
Mar 26 – Apr 1 vs.
Mar 19 – 25
Mar 2017 vs.
Feb 2017
Mar 2017 vs.
Mar 2016
Spot Market Loads +7.1% +46% +92%
Spot Market Capacity 4.9% +12% +1.7%
Van Load-To-Truck +16% +30% +98%
Van Rates (Spot) +0.0% +0.6% +7.2%
Flatbed Load-To-Truck +14% +38% +109%
Flatbed Rates (Spot) +0.5% +3.6% +9.1%
Reefer Load-To-Truck +6.9% +31% +99%
Reefer Rates (Spot) +0.5% +0.5% +5.1%
Fuel Prices 0.3% 0.6% +22%
End of Q1 Boosts Spot Market Demand

Still No Spring Surge in Rates

Mar 26 – Apr 1 – The end of Q1 led to a flurry of activity on DAT Load Boards last Friday. That pushed rates up in markets that had otherwise been pretty quiet this spring. The normal seasonality has been a bit muted so far this year, yet load-to-truck ratios increased for all three truck types last week. National average van rates were unchanged compared to the previous week, but both reefer rates and flatbed rates gained 1¢ per mile.

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.

Last update: 4/5/2017 – Next update: 4/12/2017

Fuel Prices
+1.2%$2.56 / gallon
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NPR recently ran a story where they listed the most common job for every state for each year, from 1978 to 2014. Truck drivers are everywhere. 

Source: IPUMS-CPS/ University Of Minnesota
Credit: Quoctrung Bui/NPR

Not all of those truck driver jobs are over-the-road, though. The story was based on census information, and the government categorizes delivery people as truck drivers, too. 

Still, trucking has had more staying power than a lot of jobs. NPR noted a few of the reasons:

“Driving a truck has been immune to two of the biggest trends affecting U.S. jobs: globalization and automation. A worker in China can’t drive a truck in Ohio, and machines can’t drive cars (yet).”

In 2014, truck driver was the most common job in 28 states. At its peak in 2004, truck driving was the most common job in a whopping 36 states. 

In North Carolina, it’s been the most common job every year since 1986, the longest current streak. Not too surprising, since Charlotte is one of the most popular cities for load posts on DAT TruckersEdge.

Carriers Hire the Most Truck Drivers in 5 Years

While the map above is for 2014, it seems safe to say that a 2017 map would still look pretty similar. In February, trucking fleets added 10,600 jobs, the biggest increase in five years, according to the Wall Street Journal. This comes a month after fleets cut their payrolls by 5,100 jobs, so part of that increase was because fleets were adding back the jobs that went away in January.

Still, it’s a strong sign of growth for the trucking industry, so driving a truck is going to stay a popular job for a while yet.

Trucking Success partners with DAT to offer a special on the TruckersEdge load board. Sign up for TruckersEdge today and get your first 30 days free by signing up at http://www.truckersedge.net/promo123 or entering “promo123” during sign up.

 

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Industry Trends - Spot Market Industry Trends - Van Industry Trends - Flatbed Industry Trends - Reefer Industry Trends - Fuel Prices
Industry Trends WEEK MONTH YEAR
Mar 19 – 25 vs.
Mar 12 – 18
Feb 2017 vs.
Jan 2017
Feb 2017 vs.
Feb 2016
Spot Market Loads 0.4% 8.6% +87%
Spot Market Capacity +5.7% +4.7% 1.8%
Van Load-To-Truck 5.5% 25% +79%
Van Rates (Spot) 0.6% 3.0% +5.9%
Flatbed Load-To-Truck 4.4% +16% +155%
Flatbed Rates (Spot) +0.5% +2.1% +7.1%
Reefer Load-To-Truck 4.1% 35% +60%
Reefer Rates (Spot) 0.5% 4.6% +3.3%
Fuel Prices 1.0% 0.5% +29%
Lower Fuel Surcharges Cause Dip in Van, Reefer Rates

Capacity Still Loose in Many Places

Mar 19 – 25 – Trucks were ready to go after the winter storm from a couple weeks ago had cleared out, so even though volumes picked up on many of the top van lanes, there was enough capacity to keep rates from rising. Lower fuel surcharges caused the national averages for van and reefer rates to dip 1¢ per mile. The national average flatbed rate rose 1¢.

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.

Last update: 3/29/2017 – Next update: 4/5/2017

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Industry Trends - Spot Market Industry Trends - Van Industry Trends - Flatbed Industry Trends - Reefer Industry Trends - Fuel Prices
Industry Trends WEEK MONTH YEAR
Mar 12 – 18 vs.
Mar 5 – 11
Feb 2017 vs.
Jan 2017
Feb 2017 vs.
Feb 2016
Spot Market Loads +8.3% 8.6% +87%
Spot Market Capacity 3.4% +4.7% 1.8%
Van Load-To-Truck +23% 25% +79%
Van Rates (Spot) +0.6% 3.0% +5.9%
Flatbed Load-To-Truck +5.4% +16% +155%
Flatbed Rates (Spot) +0.0% +2.1% +7.1%
Reefer Load-To-Truck +16% 35% +60%
Reefer Rates (Spot) +0.0% 4.6% +3.3%
Fuel Prices 0.6% 0.5% +29%
Van Rates Add 1¢, as Reefers and Flats Hold Steady

Load-to-Truck Ratios Climb

Mar 12 – 18 – A late winter storm stalled freight activity in and out of East Coast markets. The week began with a rush to move freight out ahead of the snowfall. During the storm, there was a lull, and some major roads were closed. By the end of the week, shippers rushed to catch up, at higher rates. Load-to-truck ratios rose for all three equipment types, but only the national average van rate edged up 1¢ per mile. Reefer rates and flatbed rates were unchanged, week over week.

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.

Last update: 3/22/2017 – Next update: 3/29/2017

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It’s official: The 2013 HOS restart rules are no more.

The 2013 version of the 34-hour restart rule required drivers to be off-duty for two periods from 1AM to 5AM before they could go back to work, and the restart could only be used once per week.

A poll of DAT TruckersEdge readers showed that 73% of them use the 34-hour restart on a weekly basis, so the 1-5AM provision forced a lot of truckers to operate during high-traffic times. That led to a big loss in productivity for most carriers.

Those rules were suspended in December of 2014, but whether or not that suspension was going to be permanent had been a question hanging over the industry ever since.

The FMCSA and Virginia Tech conducted a safety review to determine whether or not to go back to the 2013 version of the restart rules. Ultimately, they found that the 2013 version of the restart rule wasn’t any safer than the version of the rule that everyone is using now, so the current version of the rule is what’s going to stay in place.

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Industry Trends - Spot Market Industry Trends - Van Industry Trends - Flatbed Industry Trends - Reefer Industry Trends - Fuel Prices
Industry Trends WEEK MONTH YEAR
Mar 5 – 11 vs.
Feb 26 – Mar 4
Feb 2017 vs.
Jan 2017
Feb 2017 vs.
Feb 2016
Spot Market Loads +1.3% 8.6% +87%
Spot Market Capacity 0.4% +4.7% 1.8%
Van Load-To-Truck 2.3% 25% +79%
Van Rates (Spot) 1.8% 3.0% +5.9%
Flatbed Load-To-Truck +3.6% +16% +155%
Flatbed Rates (Spot) 0.5% +2.1% +7.1%
Reefer Load-To-Truck +1.2% 35% +60%
Reefer Rates (Spot) 0.5% 4.6% +3.3%
Fuel Prices 0.8% 0.5% +29%
Rates Dip For Vans, Reefers, Flatbeds

Flatbed Load-to-Truck Ratio Still Climbing

Mar 5 – 11 – Load-to-truck ratios increased for reefers and flatbeds last week, with flatbeds continuing a 6-week climb. That, however, did not translate into rate increases. Last week the national average van rate dropped 3¢ per mile, while both reefer rates and flatbed rates slipped 1¢ per mile.

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.

Last update: 3/15/2017 – Next update: 3/22/2017

Fuel Prices
-0.8%$2.56 / gallon
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Apply for a Loan

Before you apply for a loan here’s what you should do:

1. Write a Business Plan

Your loan request should be based on and accompanied by a complete business plan. This document is the single most important planning activity that you can perform. A business plan is more than a device for getting financing; it is the vehicle that makes you examine, evaluate, and plan for all aspects of your business. A business plan’s existence proves to your banker that you are doing all the right activities. Once you’ve put the plan together, write a two-page executive summary. You’ll need it if you are asked to send “a quick write-up.”

2. Have an accountant prepare historical financial statements.

You can’t talk about the future without accounting for your past. Internally generated statements are OK, but your bank wants the comfort of knowing an independent expert has verified the information. In addition, you must understand your statement and be able to explain how your operation works and how your finances stand up to industry norms and standards.

3. Line up references.

Your banker may want to talk to your suppliers, customers, potential partners or your team of professionals, among others. When a loan officer asks for permission to contact references, promptly answer with names and numbers; don’t leave him or her waiting for a week.

Walking into a bank and talking to a loan officer will always be something of a stressful situation. Preparation for and thorough understanding of this evaluation process is essential to minimize the stressful variables and optimize your potential to qualify for the funding you seek.

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The number of loads available on the spot market last month was also up more than 100% compared to February 2016, which is a pretty good sign that the freight recession really is over. Rates are still low in some places, but in general, things are trending upward.

Load-to-truck ratios are highest for vans in the darker red areas on the Hot States Map, above.

There were a lot more van loads available out of Chicago and Los Angeles. Even though it wasn’t enough to turn those states dark in the Hot States Map above, don’t be surprised if rates are up out of those places soon. Load counts slipped in Houston, but that market has been relatively strong all winter long. It closed the week strong, too, and the load-to-truck ratio hit 5.6 on Friday, compared to the 2.9 van loads per truck for the rest of the country. Rates got the biggest boosts out of Memphis, Atlanta and Seattle.

All rates below include fuel surcharges and are based on real transactions between brokers and carriers.

RISING

Buffalo has had a lackluster month. Since the freight coming out didn’t pay very well, inbound lanes paid more.

  • Philadelphia to Buffalo was up 18¢ to $2.13/mile
  • Columbus to Buffalo rose 17¢ to $2.57/mile
  • Chicago to Buffalo rates were up 15¢ to an average of $2.17/mile
  • Out West, the lane from Stockton to Denver recovered 13¢ to pay $1.82/mile on average
  • Memphis to Chicago was also up 12¢ at $1.76/mile

FALLING

Only one major van lane was down more than 10¢: Stockton to Salt Lake City dropped ▼18¢ to $1.92/mile

The freight market in L.A. finally started to improve, but that means some inbound lanes paid less. The lane from Chicago to L.A. fell ▼9¢ to just $1.17/mile. That lane competes a lot with rail, which also keeps the rates down.


Load-to-truck ratios are highest for reefers in the darker blue areas on the Hot States Map, above.

REEFER TRENDS

Reefer rates reversed course last week, too, though it was a bit slighter when compared to vans. Still, it’s good news considering the steady string of declines we had been seeing.

RISING

Volumes surged out of Miami. It’s still early for produce season in Florida, as evidenced by the light color in the Hot States Map. Volumes were also up big in McAllen, TX, down near the Mexican border. It was number 3 for reefer load posts on DAT load boards, behind Atlanta (1) and Elizabeth, NJ (2).

  • Usually when there’s an uptick in loads and rates out of Miami, it means that the inbound rate goes down — that wasn’t the case last week on the lane from Atlanta to Miami, which was up ▲15¢ to $2.58/mile
  • Dallas to Columbus was up ▲21¢ to $1.70/mile

The biggest spikes were on lanes out of Grand Rapids, but there aren’t a lot of loads on those lanes this time of year.

  • Grand Rapids to Cleveland jumped up ▲50¢ to $3.34/mile
  • Grand Rapids to Philly rose ▲38¢ to $2.88/mile

FALLING

California was still missing in action, and outbound rates slipped even lower out of Los Angeles. Recent rains have delayed strawberry harvests in much of the state, so those shipments are still a few weeks away.

Out East, two lanes out of Northern New Jersey took a hit last week

  • Elizabeth, NJ, to Boston fell ▼15¢ to $3.40/mile
  • Elizabeth to Lakeland, FL was down ▼12¢ to $1.71/mile


Load-to-truck ratios are highest for flatbeds in the darker green areas on the Hot States Map, above.

FLATBED TRENDS

Demand for flatbed trucks continued to climb ahead of where it normally is for this time of year. Even California joined the party last week, with higher than normal activity.

RISING

Rates improved almost everywhere, and port cities that had been down the week before rebounded last week. The biggest gains were in Atlanta, Memphis, and Baltimore.

  • Memphis to Dallas was up ▲39¢ to $2.74/mile, with a nice boost in volumes
  • Atlanta to Nashville also climbed ▲35¢ to $2.58/mile

FALLING

Pittsburgh rates and volumes didn’t hold after seeing a spike in the previous week.

  • The number of loads heading from Pittsburgh to Houston was down sharply, and rates came crashing back to earth at an average of $1.67/mile
  • Phoenix and Las Vegas volumes have been low, which is indicative of statewide trends in Arizona, Nevada, and New Mexico.
  • Cleveland has also been a little softer than other major flatbed markets this winter
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Industry Trends - Spot Market Industry Trends - Van Industry Trends - Flatbed Industry Trends - Reefer Industry Trends - Fuel Prices
Industry Trends WEEK MONTH YEAR
Feb 26 – Mar 4 vs.
Feb 19 – 25
Feb 2017 vs.
Jan 2017
Feb 2017 vs.
Feb 2016
Spot Market Loads +17% 8.6% +87%
Spot Market Capacity 3.9% +4.7% 1.8%
Van Load-To-Truck +25% 25% +79%
Van Rates (Spot) +2.5% 3.0% +5.9%
Flatbed Load-To-Truck +19% +16% +155%
Flatbed Rates (Spot) +3.1% +2.1% +7.1%
Reefer Load-To-Truck +30% 35% +60%
Reefer Rates (Spot) +0.5% 4.6% +3.3%
Fuel Prices +0.0% 0.5% +29%
Rates Rise, and Load Counts Keep Climbing

Load-to-Truck Ratios Increase Sharply

Feb 26 – Mar 4 – Spot market demand has been building, and last week that led to rate increases for each equipment type. The national average van rate increased 4¢ per mile, reefer rates added 1¢, and flatbed rates jumped 6¢. Load-to-truck ratios were also up sharply for each trailer type.

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.

Last update: 3/8/2017 – Next update: 3/15/2017

Fuel Prices
+0.0%$2.58 / gallon
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Industry Trends - Spot Market Industry Trends - Van Industry Trends - Flatbed Industry Trends - Reefer Industry Trends - Fuel Prices
Industry Trends WEEK MONTH YEAR
Feb 19 – 25 vs.
Feb 12 – 18
Jan 2017 vs.
Dec 2016
Jan 2017 vs.
Jan 2016
Spot Market Loads +1.5% +0.6% +100%
Spot Market Capacity +1.1% +5.2% +5.2%
Van Load-To-Truck 6.6% 13% +76%
Van Rates (Spot) +0.0% 2.9% +1.2%
Flatbed Load-To-Truck +8.0% +14% +164%
Flatbed Rates (Spot) +0.0% 2.6% +1.6%
Reefer Load-To-Truck 5.5% 10% +62%
Reefer Rates (Spot) 0.5% 1.5% +3.2%
Fuel Prices +0.4% +2.8% +20%
Flatbed Freight Remains Strong for February

Ratios Slip for Vans and Reefers

Feb 19 – 25 – Flatbed freight demand continued to climb last week, with load-to-truck ratios rising 8%. Meanwhile, the late February lull for vans and reefers led to lower ratios, with the national average reefer rate down another 1¢, The national averages for van and flatbed rates were unchanged compared to the previous week.

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.

Last update: 3/1/2017 – Next update: 3/8/2017

Fuel Prices
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Industry Trends - Spot Market Industry Trends - Van Industry Trends - Flatbed Industry Trends - Reefer Industry Trends - Fuel Prices
Industry Trends WEEK MONTH YEAR
Feb 12 – 18 vs.
Feb 5 – 11
Jan 2017 vs.
Dec 2016
Jan 2017 vs.
Jan 2016
Spot Market Loads +4.0% +0.6% +100%
Spot Market Capacity 1.2% +5.2% +5.2%
Van Load-To-Truck +4.1% 13% +76%
Van Rates (Spot) 0.6% 2.9% +1.2%
Flatbed Load-To-Truck +9.1% +14% +164%
Flatbed Rates (Spot) +0.0% 2.6% +1.6%
Reefer Load-To-Truck 0.1% 10% +62%
Reefer Rates (Spot) 0.5% 1.5% +3.2%
Fuel Prices +0.4% +2.8% +20%
Van and Reefer Rates Dip 1¢

National Flatbed Rate Holds Steady

Feb 12 – 18 – Spot market volumes have stabilized as of late. Load-to-truck ratios were up for each trailer type last week, though it’s not yet enough to put pressure on rates. The national average for van and reefer rates dipped another 1¢, but the national flatbed rate held steady.

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.

Last update: 2/22/2017 – Next update: 3/01/2017

Fuel Prices
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DAT News & Blogs

Getloaded has been consolidated into DAT to create one gigantic super database.

More carriers to choose from

The consolidation of Getloaded carriers, plus DAT’s own growth, has resulted in a 36 percent increase in the number of carriers accessing DAT load boards compared to a year ago. The consolidation also diversifies DAT’s carrier base, as Getloaded has had a significant number of carriers moving flatbed and specialty freight, as well as hot shot and LTL loads.

Since 2015, DAT has doubled its carrier database to over 18,000 carriers with capacity exceeding 1.3 million trucks, by far the largest available capacity in the industry.

DAT and Getloaded are owned by the same parent company, but until recently the two have operated with independent databases. That meant that loads and trucks posted on one network were not seen on the other one. Getloaded customers have been transferred to the DAT platform, and the Getloaded platform has been retired.

Bigger is Better

Need a load board upgrade?

Learn more about DAT Power, DAT’s fastest and most advanced load board.

“In this case, bigger really is better. On the spot market, brokers want to connect with as many quality trucks that can deliver freight on a lane,” said Don Thornton, Senior Vice President at DAT.

It’s Mobile Too

All customers will benefit from DAT’s new mobile app, DAT Load Board for Truckers. It allows carriers to use their smartphones and tablets to find the same loads that they would using the desktop version of the load board. That’s a plus for brokers too, as they can reach carriers while they’re out on the road and looking for their next load.  The Android version is currently available in Google Play, and the iOS version is scheduled for early Spring.

Trucking Success partners with DAT to offer a special on the TruckersEdge load board. Sign up for TruckersEdge today and get your first 30 days free by signing up at http://www.truckersedge.net/promo123 or entering “promo123” during sign up.

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Industry Trends - Spot Market Industry Trends - Van Industry Trends - Flatbed Industry Trends - Reefer Industry Trends - Fuel Prices
Industry Trends WEEK MONTH YEAR
Feb 5 – 11 vs.
Jan 29 – Feb 4
Jan 2017 vs.
Dec 2016
Jan 2017 vs.
Jan 2016
Spot Market Loads +1.7% +0.6% +100%
Spot Market Capacity +3.2% +5.2% +5.2%
Van Load-To-Truck 8.6% 13% +76%
Van Rates (Spot) 1.8% 2.9% +1.2%
Flatbed Load-To-Truck +13% +14% +164%
Flatbed Rates (Spot) +2.1% 2.6% +1.6%
Reefer Load-To-Truck 11% 10% +62%
Reefer Rates (Spot) 1.0% 1.5% +3.2%
Fuel Prices 0.2% +2.8% +20%
Van and Reefer Rates Continue to Slide

National Flatbed Rate Adds 4¢

Feb 5 – 11 – Van and reefer rates continued to decline, which is typical for what’s normally a slow month for freight, but spot market volumes last week were strong for this time of year. The national flatbed rate rose 4¢ per mile last week.

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.

Last update: 2/15/2017 – Next update: 2/22/2017

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Industry Trends - Spot Market Industry Trends - Van Industry Trends - Flatbed Industry Trends - Reefer Industry Trends - Fuel Prices
Industry Trends WEEK MONTH YEAR
Jan 29 – Feb 4 vs.
Jan 22 – 28
Jan 2017 vs.
Dec 2016
Jan 2017 vs.
Jan 2016
Spot Market Loads +7.7% +0.6% +100%
Spot Market Capacity 2.1% +5.2% +5.2%
Van Load-To-Truck +2.9% 13% +76%
Van Rates (Spot) 1.8% 2.9% +1.2%
Flatbed Load-To-Truck +21% +14% +164%
Flatbed Rates (Spot) +0.5% 2.6% +1.6%
Reefer Load-To-Truck 1.9% 10% +62%
Reefer Rates (Spot) 3.0% 1.5% +3.2%
Fuel Prices +0.0% +2.8% +20%
Van and Reefer Rates Fall in Slow Season
 

National Flatbed Rate Adds 1¢

Jan 29 – Feb 4 – There was an uptick in spot market volumes last week, which followed a couple weeks of declining load posts. Van and reefer rates continued to decline during the slow season, but the national averages for each trailer type remain higher than they were in February 2016. The national flatbed rate rose 1¢ per mile.

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.

Last update: 2/8/2017 – Next update: 2/15/2017

Fuel Prices
+0.0%$2.56 / gallon
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Industry Trends - Spot Market Industry Trends - Van Industry Trends - Flatbed Industry Trends - Reefer Industry Trends - Fuel Prices
Industry Trends WEEK MONTH YEAR
Jan 22 – 28 vs.
Jan 15 – 21
Dec 2016 vs.
Nov 2016
Dec 2016 vs.
Dec 2015
Spot Market Loads 12% +13% +84%
Spot Market Capacity +4.8% 9.6% 3.9%
Van Load-To-Truck 13% +22% +80%
Van Rates (Spot) 0.6% +4.2% +0.6%
Flatbed Load-To-Truck 17% +35% +167%
Flatbed Rates (Spot) +0.5% +2.6% +0.5%
Reefer Load-To-Truck 20% +21% +66%
Reefer Rates (Spot) 0.5% +1.0% +1.0%
Fuel Prices 0.4% +2.9% +8.7%
Rates Decline Seasonally for Vans and Reefers

Volumes Strong Compared to Last Year

Jan 22 – 28 – Demand continued to decline seasonally, but spot market volumes haven’t fallen off sharply in January like they did around this same time a year ago. Van and reefer rates each fell an average of 1¢ per mile, while the national average flatbed rate rose by 1¢.

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.

Last update: 2/01/2017 – Next update: 2/8/2017

Fuel Prices
-0.4%$2.56 / gallon
Trucking Success partners with DAT to offer a special on the TruckersEdge load board. Sign up for TruckersEdge today and get your first 30 days free by signing up at http://www.truckersedge.net/promo123 or entering “promo123” during sign up.

DAT News & Blogs

Plus, getting your motor carrier authority can take a month or more, so by the time you get your DOT number and start your business, you’ll be ready for the spring freight season.

Remember: It takes a month if you don’t hit any delays along the way, but it could take longer. For example, if you needed to change your company name, or something comes up in the registration process, the FMCSA could take extra time before approving your authority. That’s why it’s crucial that you do your research before making the leap.

That goes for both regulations AND your business strategies. Insurance, registration fees, equipment, staffing, taxes – all these expenses are your responsibility once you get your own authority. The risks are high, but so are the potential rewards.

Ready to take the plunge? Here are 9 steps to starting your own trucking business.

  1. Get your commercial driver’s license – Get behind the wheel and get some experience
  2. Make a business plan – What are you hauling? Who are your customers?
  3. Choose a business structure – Choices include LLC, corporation, partnership, sole proprietorship, etc.
  4. Start-up expensesGet authority and save money to cover the first few months until you start getting paid
  5. Plan your operations – Staffing, parking, maintenance, back office – who does what?
  6. Safety compliance – State and federal regulations
  7. Insurance – $750,000 minimum liability
  8. Equipment – What tractor and/or trailer does your business need?
  9. Grow your business –Find loads

Want to get started as quickly as possible? Give us a call at 866-812-3379, and we can take care of the paperwork for you. That way you don’t have to worry about making a mistake that leads to you missing out on the busy season later this year.

You can also send us a message here to get started with your authority or anything else you need to keep your trucking business compliant.

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Industry Trends - Spot Market Industry Trends - Van Industry Trends - Flatbed Industry Trends - Reefer Industry Trends - Fuel Prices
Industry Trends WEEK MONTH YEAR
Jan 15 – 21 vs.
Jan 8 – 14
Dec 2016 vs.
Nov 2016
Dec 2016 vs.
Dec 2015
Spot Market Loads 14% +13% +84%
Spot Market Capacity +13% 9.6% 3.9%
Van Load-To-Truck 26% +22% +80%
Van Rates (Spot) 1.2% +4.2% +0.6%
Flatbed Load-To-Truck 20% +35% +167%
Flatbed Rates (Spot) +0.5% +2.6% +0.5%
Reefer Load-To-Truck 27% +21% +66%
Reefer Rates (Spot) 1.0% +1.0% +1.0%
Fuel Prices 0.4% +2.9% +8.7%
Demand Slows in Mid-January

Prices Dip for Vans and Reefers

Jan 15 – 21 – It’s typical for load counts to start tapering off in the third week of January, which is what happened last week. Load-to-truck ratios declined for all equipment types, but they also started out higher than normal for this time of year. National average rates fell 2¢ for both vans and reefers, but were up slightly for flatbeds.

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.

Last update: 1/25/2017 – Next update: 2/01/2017

Fuel Prices
-0.4%$2.57 / gallon
Trucking Success partners with DAT to offer a special on the TruckersEdge load board. Sign up for TruckersEdge today and get your first 30 days free by signing up at http://www.truckersedge.net/promo123 or entering “promo123” during sign up.