Flatbed Caps a Strong Monthly Rise

Nationally, flatbed rates are up $0.07 per mile in themonth of April. In the latest week, 28 of47 major lanes followed showed increases for a net 0.6% rate gain. Further, no major markets recorded a declinein price indicating nationwide support for flatbed freight.

Chicago remains the top gaining market in the latestweek, up by 2.5% and up by 5.3% for the month. Los Angeles has also been ‘hot’ lately moving up 6.5% in the last monthbut just 1.2% in the last week.

Rates to the East Coast continue to experience upwardrate pressure. The already high Chicagoto Philadelphia flatbed rate rose another $0.30 to $2.65 per mile, a 12.7%increase. This parallels trends seen forvan equipment type with rates rising to Philadelphia, and falling for van andreefer traffic leaving Philadelphia.

For detailed information on current spot market lanerates check out Truckload RateIndex. For weekly market trends, sign up for TransCore Trendlines.