Rate Trend of the Week

Van rates reach their summertime slump
Van rates reach their summertime slump

The summer slowdown has arrived for spot market truckload freight. It’s typical for prices to drop around this time of year, but declines in reefer freight and oil field activity are also adding a drag on van rates this summer.

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Van rates fall after 4th of July
Van rates fall after 4th of July

It's typical for rates to fall after the Fourth of July, and this year was no different. Now that the holiday has passed, there's less urgency for the freight that's moving.

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Van rates ride high through Independence Day
Van rates ride high through Independence Day

Independence Day fell on a Thursday this year, so there were many people who took Friday off as well. That meant any shipments needing to be delivered last week had a tighter window, and those shipments moved at a premium.

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