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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 TrendsWEEKMONTHYEAR
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 Capacity1.8%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-Truck3.9%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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