powered by DAT iQ
|Industry Trends ||WEEK |
JUN 20 - JUN 26 VS. JUN 13 - JUN 19
JUN 2022 VS. MAY 2022
JUN 2022 VS. JUN 2021
|Spot Load Posts||-1.7%||-34.1%||-38.9%|
|Spot Truck Posts||-1.9%||-10.3%||-6.7%|
|Van Spot Rates||+0.1%||-0.9%||+0.5%|
|Flatbed Spot Rates||-0.6%||+0.0%||+9.6%|
|Reefer Spot Rates||+1.4%||-1.4%||-1.8%|
Percent Change: +0.3%
Fuel Price: $5.72 /gallon
Produce volumes not moving the needle this season
National Spot Rates: Van, Flatbed, Reefer
This is peak shipping week for produce season, but we’re still 16% behind this time in 2019, the last non-pandemic produce season
Jun 20 – 26 – Even though reefer load posts on the DAT network increased 18% last week, they’re still 38% lower than last year and almost identical to this time in 2018. In contrast, carriers posting their reefer equipment is at the highest level in six years, creating an oversupplied reefer market. In non-pandemic years, reefer linehaul rates typically increase by $0.12/mile in the first three weeks of June. This year, they’ve dropped by that same amount month-to-date. Reefer spot rates (including fuel) ended last week at just over $3.00/mile, where they’ve been for the last few weeks.
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