10/24/2011 12:00:00 AM
PORTLAND, Ore.-- Based on data from TransCore’s Truckload Rate Index, national van rates on the spot market were up 0.9 percent over the previous week, rates for refrigerated vans (reefers) gained 1.3 percent during the same time period, and flatbed rates were, up 0.3 percent.
Winning lanes for vans included outbound freight from Los Angeles, Stockton, California, and Columbus, Ohio, whose rates were all up 1.6 percent, with Chicago’s outbound lanes not far behind, showing a 1.5 percent rate increase from the previous week. Freight activity at L.A.’s international port picked up, signaling the arrival of consumer goods for the holiday retail season. The big loser was Denver, where rates on outbound lane rates for vans dropped 3.5 percent.
The five major markets – Chicago, Dallas, Denver, L.A. and Philadelphia – each saw an increase in reefer rates, contributing to an upward national trend. Although nationally flatbed rates showed a slight uptick, rates from Philadelphia and Chicago declined 9.9 and 2.4 percent week over week. As fall weather gives way to winter and construction slows, flatbed rates historically decline.
For current information on spot market freight activity and rates by equipment type, see TransCore Trendlines, which includes key indicators from the DAT Network of load boards, the nation’s largest spot marketplace, the American Trucking Associations and the U.S. Department of Energy.
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TransCore Freight Solutions
TransCore Freight Solutions serves brokers, carriers, owner-operators and shippers in the United States and Canada with best-in-class products. Load boards include Loadlink in Canada and TransCore 3sixty powered by the DAT Network in the United States, which has set the industry standard for the spot freight marketplace since 1978. TransCore provides Keypoint transportation software, the most popular broker logistics software, fleet compliance, distribution and intermodal services, as well as TransCore CarrierWatch, automated carrier safety and insurance monitoring and TransCore Truckload Rate Index for spot and contract markets rates. TransCore’s asset tracking and in-cab communications solutions feature the industry’s fastest response times and state-of-the-art satellite networking.
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