Little change in weekly average spot market rates for freight

By Tyson Fisher, Land Line staff writer | Wednesday, September 16, 2015

Two leading load boards were in agreement on the movement of rates for van, reefer and flatbed freight this week. Rates remained mostly unchanged from the previous week, after a slight increase.

Analysis of rates provided by DAT Solutions, which operates the DAT network of load boards, and Truckstop.com reveals stagnant rate when compared to the previous week, with one load board reporting minor decreases for two modes.

Van rates remained stagnant at $1.77, according to Truckstop.com. DAT van rates were down a penny to $1.77, leaving no room for argument on the status of van rates.

Reefer rates at Truckstop.com were also unchanged, maintaining a price of $2.10. Similarly over at DAT, reefer rates did not move from the previous week’s price of $2.04. Over the past several weeks, reefer rates between the two load boards have remained relatively close together.

Flatbed rates of $1.93 did not budge from the previous week, according to Truckstop.com. DAT is reporting a 1-cent decline for flatbed rates. Despite the consistent decline, rates vary greatly between the two load boards with Truckstop.com reporting flatbed rates at $1.93, a 10-cent difference.

Across all modes, Truckstop.com shows that load availability decreased by 9 percent, but truck availability went down by 12 percent, indicating a relatively small advantage for truckers seeking loads in comparison to the previous week. According to DAT, load-to-truck ratios for all three modes were up for the week ending Sept. 12.

Based on both DAT and Truckstop.com reports, load availability in Indiana appears to be strong, with Arkansas and South Dakota also showing higher availability. Numbers for Rhode Island, Massachusetts and Connecticut indicate a weaker market for load availability. South Dakota replaced Ohio in the strong market category. Ohio still remains a strong market relative to the rest of the country.

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