The short-lived $2 dry van
It didn’t last long, dry vanners — the spot market rate per mile for dry van loads eclipsed the $2 mark in June for the first time since load-matching service Internet Truckstop began its records in 2005. The rate hit $1.97 in June of 2008, but then dropped the next month to $1.90 and continued to fall until April 2009.
Then again in June of last year, dry van hit $1.96 – a tease, of course, as the rate dropped 13 cents the following month.
May’s $1.98 looked hopeful this year, though, as rates had been climbing since January, and in June, it delivered, hitting $2.01.
It apparently wasn’t meant to be, though: In data just released this week for July, the dry van rate dropped 15 cents to $1.86.
All segments saw decreases, though, with flatbed dropping 5 cents to $2.08 and reefer dropping 18 cents to $2.22.
See the September issue for more details on the rates and full graphs of rates for the last two years.
"There probably should be some minimum standards. But as long as the ...