Average spot freight rates show minor changes for the week

| Wednesday, November 25, 2015

Spot rate averages for freight were up, down and unchanged for the three trucking modes for the week ending Saturday, Nov. 21. This is compared with the previous week, according to DAT Solutions, which operates the DAT network of load boards.

Average national van rates remained stagnant at $1.70 after a 2-cent decline the previous week. Los Angeles experienced rates as high as $2.01. Rates for the month of October were down 1.7 percent from the previous month and declined 15 percent since October 2014. Load-to-truck ratios increased 14 percent to 1.8 loads per truck. Five states – Connecticut, Florida, Illinois, Massachusetts and New Hampshire – have a ratio of 1 or lower.

National average reefer rates went up a penny to $1.93. Green Bay rates were as high as $2.67. Lakeland, Fla., had the low rates of $1.40. Compared with October 2014, reefer rates are down 14 percent. Load-to-truck ratios increased 14 percent to 4.6 loads per truck. North Dakota is the only state with a ratio of 12 or higher.

National average flatbed rates dropped 3 cents to $1.92. Harrisburg, Pa., had a high rate of $3.10. Phoenix marked a low rate of $1.75. Nationally, average rates are down 1.5 percent for the month and declined 14 percent in the last 12 months. There were 5.8 loads per truck for flatbeds, a decrease of 7 percent from the previous week. Eight states – three in the South and five towards the Northwest – have ratios of 18 or higher.

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