Load boards reporting spot rate decline across all modes

| 8/19/2015

Two leading load boards are in agreement this week: Average spot rates for all modes went down last week. Analysis of rates provided by DAT Solutions, which operates the DAT network of load boards, and Truckstop.com reveal varied rates for reefer, van and flatbed rates.

Van rates went down 2 cents to $1.76, according to Truckstop.com. DAT also reports a 2-cent decrease for van rates $1.77, and load-to-truck ratios decreased by 1.2 percent to 1.8 loads per truck.

Reefer rates at Truckstop.com had a significant decrease of 6 cents to $1.98. DAT reefer rates show a more modest decline of only a penny to $2.04.

Truckstop.com is reporting a 3-cent decrease to $1.98 for flatbed rates. DAT reveals a larger decrease of 8 cents to $2.07.

Across all modes, Truckstop.com shows that load availability decreased by 4 percent and truck availability increased by 3 percent, indicating a relatively small disadvantage for truckers seeking loads in comparison to the previous week. According to DAT, van and reefer load-to-truck ratios had a small decline, whereas flatbed ratios slightly increased.

Based on both DAT and truckstop.com reports, load availability in Arkansas appears to be strong, with Texas and North Carolina also showing higher availability. Numbers for Rhode Island, New Hampshire and Connecticut indicate a weaker market for load availability. Weak and strong markets are little changed from the previous week.

Copyright © OOIDA