Late summer van rates: Stable or stalled?

Last summer, the spot market didn't have enough trucks to meet the surge in demand, which gave rates a major boost. Now, we are seeing more traditional fluctuations on the market.

The threat of new tariffs, plus disappointing harvests due to adverse weather, have helped keep van rates in check this summer, but there are signs that this could be the bottom for truckload pricing. The increases and decreases on the Top 100 lanes were mostly balanced, and most changes in price were slight on a lane-by-lane basis. We could start to see demand and prices pick up steam again after Labor Day.

Looking for van loads? DAT load boards are the largest and most trusted digital marketplace for truckload freight.

Hot Market Maps show the number of available trucks vs. available loads and are available in the DAT Power load board and DAT RateView.

Rising Lanes

Buffalo, NY, saw a big rise in volume last week, which kept rates up. Columbus, OH, also saw a notable spike in volume which resulted in rate increases in top lanes coming out of the area.

  • Columbus to Buffalo climbed 13¢ to $2.82/mi
  • Seattle to Spokane, WA, increased 12¢ to $3.06/mi
  • Stockton, CA, to Denver also increased 12¢ to $2.16/mi
  • Buffalo to Allentown, PA, was up 8¢ to $3.06/mi

Falling Lanes

While Columbus to Buffalo was the biggest gain last week, the most significant drop was on the return trip from Buffalo to Columbus, which highlights how the balanced markets largely kept prices stable last week.. 

  • Buffalo to Columbus dropped 10¢ to $1.85/mi
  • Philadelphia to Boston fell 9¢ to $3.45/mi

930,000 Loads
Posted Daily


Allie Lewis

Allie joins us from the University of Oregon where she is majoring in Public Relations in the School of Journalism. Allie also volunteers as the PR Manager for a local non-profit, Christmas for Kids, as well as managing PR efforts for her sorority.



Comments

About DAT

DAT operates the largest truckload freight marketplace in North America. Transportation brokers, carriers, news organizations and industry analysts rely on DAT for market trends and data insights derived from 256 million freight matches and a database of 65 billion of market transactions.

The Original Load Board - Trusted Since 1978

The company was established in 1978 as the Dial-A-Truck (DAT) load finder service at Jubitz® truck stop in Portland, OR.

TIA
OOIDA
CSCMP
MATS