spot market rates

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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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Spot market rates rise for second consecutive month

For the second straight month, all three segments experienced rate increases.

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The 2011 World's Strongest Man Competition, six tons of potato pride, diesel price averages, creature comforts plus Truck Gallery, trucking calendar and many more news items from the trucking industry are featured.

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