Percent Change: +0.0%

Fuel Price: $3.19 /gallon

Upcoming Q1 close pushes spot volumes slightly higher

National Spot Rates: Van, Flatbed, Reefer

Dry van and reefer rates end March where they started, but flatbed rises or the 8th straight week

Mar 21 – 28 – Shippers traditionally make a dock-clearing push at end of month and end of quarter, but only modest spot volume increases were recorded last week. Dry van and reefer volumes increased less than 3%, while the flatbed market remains hot amid the tightest capacity we’ve seen since the Great Recession. In 2018, a strong industrial economy drove spot rates higher than contract for more than half of the year. This year, spot rates are already $0.20/mile higher than the same week in 2018 and just a few pennies shy of the record high set on June 14, 2018.

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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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