Rate Trend of the Week

Post 21 to 30 of 346

Storms put damper on spot rates

Despite an increase in freight volumes, national average rates slipped again last week for vans and reefers. Even the arrival of produce season in several southern markets wasn't enough to boost national averages. Weather was a factor, with snowstorms affecting a large swath of the country's mid-section last week, from Colorado to the Upper Midwest and beyond. We're also seeing the effects of extra capacity from the record numbers of… Read More

Spring freight rates: Stable or stuck?

Van and reefer rates continue to move sideways. Refrigerated produce freight has been notably absent from the picture, so that likely has some reefers competing for van freight. There was very little price movement up or down last week and rates — and fuel prices — remain stable. DAT load boards provide the largest and most trusted digital freight marketplace in the… Read More

Flatbed freight finds its footing

While van and reefer rates saw a decline in March compared to February, flatbed bucked the trend, making gains in both freight volumes and rates. Flatbed rates have risen for 5 consecutive weeks, and the national average rate ended March at $2.34/mi. In the top 78 flatbed lanes, rates moved higher on 36 lanes, while 42 were lower. Even so, rates have increased 4% overall in the past two… Read More

Reefers still waiting for spring

It’s still early in the spring, but the refrigerated truckload sector is not picking up any momentum yet. I wouldn’t say spring was canceled, but it seems to have been delayed, partly due to flooding or continued rain in some regions. The lack of volume is hurting prices. While the Lakeland, FL market was a big winner last week — gaining over 20% more volume — those gains were more than offset by a… Read More

Spring surge delayed again

It looks like we'll have to wait a little longer for a spring surge. The spot market appeared heading for a rebound early in March, but a number of unexpected events have kept rates in check. Flooding in the Midwest closed roads and rail lines, which will impact freight markets for weeks to come. There was also a major tank fire in Houston last week, which added further disruption. The reefer segment is showing signs of life in… Read More

Severe weather causes freight rates to slip

Just as rates were about to turn around, they took another hit last week. Extreme weather closed highways and forced cancellations and delays. A huge snowstorm in Denver last week closed three interstate highways: I-25, I-70 and I-76. In Nebraska, snow followed by rain led to “historic flooding” that shut down traffic on I-80. The highways are open now, but there are still flood warnings in six states: Nebraska, parts of… Read More

Truckload rates halt 8-week slide

Van and reefer rates are stabilizing, after falling for eight straight weeks. The national average van rate held steady, and van volumes are actually higher now than they were at this time last year. The national averages for reefers and… Read More

Spot market demand heats up out West

The spot market continues to offer a mixed bag. Van volumes got a late-winter boost on the West Coast, which led to higher rates on many high-traffic lanes, but it wasn't enough to lift prices in the interior of the country. As a result, we saw continued decline in the national average rates for vans, reefers and flatbeds. That's a typical trend for this time of year, but… Read More

Is the spot market sputtering or stabilizing?

At first glance, it looks like the van spot market took a step back last week. Rates fell in most of the top 100 van lanes, but the big drops were all in lanes where rates rose in the prior week due to snow that closed mountain passes on those routes. The core lanes from top markets remained constant. One positive sign is that February van volumes are up almost 10% higher than last February, a month when rates are typically down.… Read More

Spot van rates poised for a rebound

We're still deep in the slow season, but spot market trends are actually running about a month ahead of schedule. There's been seasonal weakness, but we're already seeing volumes firming up, which is something we don't usually expect until mid-March. In other words, rates are gearing up for a rebound. While DAT predicted in early December that the spot market in Q1 would be weaker than in previous winters, trends are already… Read More