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DAT Trendlines™
powered by DAT iQ
Fuel Prices
Percent Change: +0.0%
Fuel Price: $3.73 /gallon
Spot rates level off at record highs
National Spot Rates: Van, Flatbed, Reefer
Calm returned after prior week’s frenzy
Nov 8 – 14 – Dry van and reefer spot rates remained relatively unchanged last week but are still $0.49/mile and $0.73/mile higher than this time last year. The volume of freight moving on the spot market has doubled in 2021 compared to pre-pandemic year, representing an average of 24% of the total freight marketplace. The remaining 76% of truckload freight moved on longer-term contract rates. In normal times, the split would typically be 14% spot and 86% contract.
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Trendlines shows a weekly snapshot of the month-to-date for national average rates from DAT RateView. National average spot market rates for the past four months, including fuel surcharges, are shown in the three graphs, above.
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Trucking Success partners with DAT to offer a special on the TruckersEdge Load Board to its members. Sign up for TruckersEdge today and get your first 30 days free by signing up at www.truckersedge.com/374122. This offer is available to new TruckersEdge subscribers only.
POWER from DAT One is the industry’s most advanced load board, with powerful tools for advanced filtering, group collaboration, automatic refreshes, multiple searching and posting simultaneously, partner research tools, and market-leading rate tools. Get your first 30 Days Free on DAT! Sign up here: www.dat.com/power/374122
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