Tag: spot market rates

Business

Spot rates surge to record highs

With spot market paid rates on the rise, dry van, reefer, and flatbed rates are all heading toward record highs. More information here on Overdrive.

June 4, 2018

Business

Rates find solid footing in April, flatbed soars

Per-mile spot market rates for all three major truckload segments — dry van, reefer and flatbed — rose in April, according to data from Truckstop.com. The gains are in line with seasonal trends, but they could also reflect the beginning of a rate swell predicted by trucking analysts to occur this year.

May 4, 2017

Business

Rates stagnant in October, reefer rates dip to lowest since 2013

Reefer rates fell to $1.97 a mile in October, the first time the segment has fallen below $2 a mile since February 2013. Van and flatbed rates were flat from September, but down year over year.

November 7, 2016

Business

Van, flatbed rates flat in September, reefer rates tumble

Per-mile rates on the spot market remain well below levels seen in 2014 and 2015, as diesel prices fell off and freight slowed.

October 5, 2016

Overdrive Extra

Rates, especially in the west, to spike due to major maritime carrier bankruptcy

Last week on the spot market, the load-to-truck ratio for outbound loads in the Los Angeles area shot up to about 7 load postings on DAT’s load board per one truck posting. The average is about two loads to one truck. The recent imbalance in loads to trucks puts upward pressure on rates.

September 27, 2016

Business

Spot rates slid in July, ending short upward streak

Per-mile rates on the spot market tumbled in July in all three major truckload segments, according to monthly rate data from Truckstop.com, ending a sunny quarter of positive momentum for rates on the spot market.

August 1, 2016

Business

Rates took a nosedive in February, major segments drop nearly a dime each

February’s rate declines were the continuation of about a now 18-month-long trend, as flatbed, reefer and van rates have steadily fallen since peaking at record highs in mid-2014. Here are the latest per-mile numbers for each.

March 9, 2016

Business

Spot market rates update: Van, flatbed sink in January while reefer sees small gain

Spot market rate averages in all three major truckload segments compiled from January transaction data.

February 9, 2016

Business

Van, flatbed rates ticked up in December to end five-month decline, reefer rates continue tumble

Per-mile sppt market rates in van and flatbed segments climbed a penny in December, while paid reefer rates fell three cents, according to Truckstop.com data.

January 19, 2016

Business

Reefer, van, flatbed all see rate increases in March

That’s the first across-the-board rate increase since June 2014 and at least a temporary bright spot in an otherwise rocky 8-month period, with gross rates largely trending downward in that time period and gains built up prior erased.

April 3, 2015

Business

Rates update: Van, reefer see big gains in November, flatbed falls

Per-mile spot market rates in reefer and dry van segments saw big jumps in November, keeping in line with seasonal trends, while flatbed rates fell a few cents in the month.

December 2, 2014

Business

Rates fall, but still riding boom from earlier this year

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.

September 2, 2014