Van spot rates remain steady for third straight week

| Thursday, November 06, 2014

Van, refrigerated and flatbed capacity decreased by 4.4 percent while available freight fell by 1.2 percent for the week ending Nov. 1, according to DAT Solutions, which operates the DAT network of load boards.

Load-to-truck ratios remained steady for van and flatbed loads, whereas reefer ratios slightly increased when compared to the previous week. Van ratios remained at 2.6, reefer went up 1.8 percent to 7.8 loads per truck, and flatbed ratios stood at 17.9.

In addition to load-to-truck numbers, rates have remained static for van freight at $2.01 per penny, marking three straight weeks at that value. Reefer rates went down a penny to $2.26 per mile, and flatbed rates slid 1.3 percent to $2.35.

Van rates in Los Angeles have increased its already high rate to $2.37 per mile. Other cities with strong rates include Columbus, Ohio ($2.26 per mile), Atlanta ($2.03 per mile), and Buffalo ($2.11).

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