TransCore’s Truckload Rate Index Shows Van Rates Leveling Off

PORTLAND, Ore.-- Dry van rates rose 0.5 percent on the spot market nationwide in the week ending April 13, as major key markets maintained steady rates, according to TransCore’s Truckload Rate Index. This follows a three month period where dry van rates have climbed 8.1 percent nationwide, a $0.10 per mile increase.

Rates from Chicago, Dallas, Denver and Los Angeles remained stable over the previous week, while outbound rates from Atlanta rose 2 percent.

Top volume lanes such as Atlanta to Orlando, which rose $0.01 per mile, recorded modest rate gains on the spot market. Dry van rate spikes were seen, however. Atlanta to Columbus rose $0.16 per mile (up 14 percent) and Dallas to Laredo jumped $0.18 per mile (up 13 percent) over the past week.

Conversely, Columbus reported the largest decline, down $0.05 per mile or 2.6 percent, which was led by rates to Philadelphia, down $0.11 per mile (5 percent) and to Atlanta, down $0.06 per mile (4 percent), compared to the previous week.

A more complete report of weekly and monthly 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, 3PLs, 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.

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