|Industry Trends |
FEB 22 - FEB 28 VS. FEB 15 - FEB 21
FEB 2021 VS. JAN 2021
FEB 2021 VS. FEB 2020
|Spot Load Posts ||+24.0%||+43.8%||+161.9%|
|Spot Truck Posts ||+11.4%||-10.1%||-24.5%|
|Van Load-To-Truck ||+13.4%||+76.5%||+308.8%|
|Van Spot Rates ||+6.5%||+2.0%||+34.2%|
|Flatbed Load-To-Truck ||+23.1%||+29.7%||+206.1%|
|Flatbed Spot Rates ||+1.8%||+2.9%||+19.5%|
|Reefer Load-To-Truck ||+0.9%||+95.2%||+312.5%|
|Reefer Spot Rates ||+3.7%||+3.2%||+28.3%|
|Fuel Prices ||+3.4%||+6.2%||-2.2%|
Percent Change: +3.0%
Fuel Price: $2.97 /gallon
Freight markets still reeling from historic storms
National Spot Rates: Van, Flatbed, Reefer
Spot volumes hit record levels
Feb 22 - 28 - With our first major winter storm event in the post-ELD era in the books, the impact on truckload capacity was evident, as many carriers struggled to rebalance their networks last week. National average spot rates are around the same levels we’d normally see during the post-Christmas holiday break when many drivers take time off to be with their families. The 2021 polar vortex event created similarly tight capacity, driving up spot rates in the process.
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Trendlines shows a weekly snapshot of the month-to-date for national average rates from DAT RateView. National average spot market rates for the past four months, including fuel surcharges, are shown in the three graphs, above.
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