Spot Market Rate Trend of the Week: Van Rates Heat Up, After January Chill

Van rates outbound from Atlanta increased by 1.5% this week, while rates were stable from Chicago and Dallas. Outbound rates from the Los Angeles market continue to decline, along with most West Coast markets along Interstate-5, while inbound rates are rising in that region. Flatbed rates continue their upward trend, although the trajectory is not as steep as it has been in recent weeks.

Here are the markets with the biggest rate changes in the last 2 weeks, segmented by equipment type:

Increasing rates

Decreasing rates

Market

% Chg

Market

% Chg

Van

Atlanta

1.5%

Los Angeles

-3.2%

Flat

Atlanta

3.2%

Philadelphia

-3.4%

Reefer

Dallas

1.6%

Los Angeles

-6.2%

Van - increasing rates

Van rates overall have increased 1.1% in the past week led by increases from Atlanta. Example lanes showing an increase include:

  • Chicago to Los Angeles, up $0.05 per mile
  • Dallas to Los Angeles up by $0.06 per mile
  • Atlanta to Los Angeles up by $0.07 per mile
  • Atlanta to Charlotte and other short haul lanes are showing sharp increases.
  • Rates are stable in the Upper Rockies, Chicago and Dallas

Van - declining rates

Outbound rates from Los Angeles declined, as the inbound rates increased

  • Los Angeles to Atlanta lane has declined by $0.15 per mile in the past month, based on spot market pay to the truck.
  • Outbound rates declined from Philadelphia, specifically back hauls to Atlanta, Chicago and Columbus.

For national spot market rates, please visit our Rate Trend of the Week page.





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