Spot rates down for the week, still up from a year ago

| Friday, September 26, 2014

Spot truckload load volume fell 3.5 percent while capacity was unchanged for the week ending Sept. 20, according to DAT Solutions, which operates the DAT network of load boards. 

Load-to-truck ratios also decreased for all three equipment categories. Van ratios went down 1.9 percent, reefer was down 3.1 percent, and flatbed ratios have decreased 5.6 percent.

In addition to load-to-truck numbers, rates have also weakened. Van and flatbed rates both slipped 2.4 percent, whereas reefer rates decreased by 1.3 percent.

Despite the week-to-week decline, numbers are still up when compared to a year ago. Spot market loads are up 44 percent and capacity is up 1.9 percent from August 2013. In relation to last year, rates for van, flatbed and reefers are up 8.7, 9.5 and 9.1 percent, respectively. According to DAT Solutions, the decline for the week is typical for this season.

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