Rates fall, but still riding boom from earlier this year

| September 02, 2014

Per-mile rates on the spot market fell in August for the second straight month, as rates come down from the 5-month boom seen between February and June. Internet Truckstop released its monthly rate data Sept. 2.

June saw all-time highs for rates in all three segments — flatbed, reefer and dry van — before easing up in July. In August, all three remained well above rates seen in the same month in 2013.

Flatbed saw the smallest drop, 3 cents, putting it at $2.35 a mile in the month. It was 24 cents higher than August of last year.

Reefer rates fell 7 cents to $2.40, a dime higher than August 2013.

Dry van rates fell 10 cents to $2.12 — 17 cents higher than the same month last year.

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  • petie

    Where do they get these numbers???

  • pupeperson

    The fact that you post these numbers is nice, but they would be much more meaningful if there were some length of haul numbers to go along with them. If those rates are for lanes of 2800 miles or more, they aren’t bad, but if they are for lanes just long enough (say 700 miles) to eat up 2 days, or maybe really short lanes of say, 125 miles or so, not so much.

  • jim stewart

    I haul flatbed freight. I run anywhere from a few local miles up to a one hundred fifty mile radius and return empty ninety-nine percent of the time. I charge higher rates than most in order to make it worth my time to consistently run back empty to my customers. Sure, the shippers for whom I work exclusively on a weekly basis like to save money on transportation just as everyone else does however some are willing to pay extra for a “no drama-no nonsense” direct service to their best accounts. No industrial traffic manager likes receiving constant phone calls about lost loads, damaged loads, no shows, or belligerent morons who create additional issues while on the customers property. Believe me there’s already plenty drama out here in steering wheel holder-land.. Professional truckers on this blog know exactly what I mean. I sometimes wonder how some of these drivers survive more than a few months, not only due to lack of driving skills but also lack of what seems their own limited common sense. At any rate I believe the monetary opportunity for truckers with a little savvy is going to get much better over the next year or so. No one is going to just throw money at us but it’s out here..

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