Van rates skyrocket over July 4th week
Van rates hit $2.32 per mile at the end of June, a new record, only to skyrocket to the stratosphere during the 4th of July
Van rates hit $2.32 per mile at the end of June, a new record, only to skyrocket to the stratosphere during the 4th of July
Reefer markets continued to sizzle during the last week of June, as the end of Q2 and the upcoming 4th of July holiday added to
As expected, June went into the books with the highest spot market rates on record. The national averages for all three major equipment types were
Demand for flatbed loads have been red hot for months, and so are rates. It seems like every week we set a new record for flatbed
Van rates edged up another penny last week, to $2.31 per mile for the month to-date. Yet the national average load-to-truck ratio dropped 11% to
The national average rate for reefers added 1¢ last week, approaching a record high at $2.70/mile. But prices fell on a lot of the highest-traffic
Van rates continued to rise in the week after the annual Roadcheck inspection blitz, and we expect the end of June to bring record high
Trucks have been in short supply so far in June, and that’s been especially true in many of the major reefer markets. To get an
Spot market demand has already exploded in June. Last week was the annual inspection blitz, Roadcheck, which typically leads to tighter capacity and higher rates
The annual Roadcheck inspection blitz is taking place June 5 – 7. This is the first Roadcheck event since the implementation of the ELD mandate,
Demand outpaced capacity during the week that included Memorial Day. The scarcity of trucks pushed van rates higher during the holiday-shortened week, as the national
Many truckers adjusted their schedules ahead of Memorial Day to avoid running out of hours and getting stuck away from home on the long weekend.