Spot freight rates show improvement from previous week's losses

| Wednesday, August 26, 2015

Two leading load boards show varying spot rates from last week, but indicate improvements from the previous week’s losses for all three modes.

Analysis of rates provided by DAT Solutions, which operates the DAT network of load boards, and Truckstop.com both reveal some unchanged rates, a step up from the across-the-board decline in the previous week for vans, reefers and flatbeds.

Van rates went down a penny to $1.76, and load-to-truck ratios decreased by 3.7 percent to 1.8 loads per truck, according to DAT. Truckstop.com van rates remained unchanged at $1.74.

DAT reefer rates were unchanged at $2.04. With a significant deviation from DAT’s numbers, Truckstop.com shows a large 7-cent increase for reefer rates to $2.05. Although a difference in the weekly change, it produced a consistent rate between the two boards.

Flatbed rates remained stagnant at $2.07, based on DAT stats. Conversely, Truckstop.com shows a 3-cent decrease to $1.95, building on the previous week’s gap between the two reported rates.

Across all modes, Truckstop.com shows that load availability decreased by 2 percent and truck availability was left unchanged, indicating a relatively small disadvantage for truckers seeking loads in comparison to the previous week. According to DAT, van and flatbed load-to-truck ratios declined, whereas reefer 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 past several weeks.

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