TransCore Reports Spot Market Van Rates Up in 38 Percent of Nation’s Key Lanes

PORTLAND, Ore.-- For the week ending March 24, TransCore’s Truckload Rate Index showed linehaul rates for vans on the spot market increased in 38 percent of the nation’s 64 key lanes. However, rate declines in the remaining lanes pushed the national average up a modest 0.8 percent.

Atlanta was among the week’s leading markets, with outbound rates up by 5.9 percent compared to the previous week. Atlanta to Orlando van rates led the surge with a $0.19 per mile uptick, a 9.5 percent increase.

Van rates from Dallas fell by an average of 1.7 percent, on mixed results, with the steepest decline of $0.22 per mile, a 21 percent downward change, recorded on the intrastate lane from Dallas to Laredo. Vans heading to New Orleans from Dallas had better fortune, increasing by $0.18 per mile, a 16 percent uptick, week-on-week.

Flatbed and refrigerated (“reefer”) van spot market rates remained stable week-on-week. A more detailed analysis of weekly truckload rate trends can be found on TransCore Trendlines.

TransCore’s truckload rate trend of the week is derived from the company’s Truckload Rate Index, based on $4 billion in actual invoices updated daily for vans, reefers and flatbeds across the U.S. and Canada. The truckload rate trend of the week is a feature of TransCore Trendlines, published weekly with key indicators from TransCore's U.S. Freight Index. The Index is based on more than 60 million loads and trucks listed annually by freight brokers, logistic service providers (LSPs), shippers and carriers across the U.S. TransCore Trendlines also includes industry data from the American Trucking Associations and the U.S. Department of Energy.