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Van freight: Demand shift in the last week

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For Overdrive’s rate spotlight for this week, the DAT network of load boards reports outbound dry van demand on the spot market cooled off markedly in the Pacific Northwest states as well as Florida and elsewhere for a national van load-to-truck ratio that fell from 2.0 to 1.7. California and Arizona remain in the “hot states” column, showing local/regional ratios well above average, while Texas fell off the map.

Meanwhile, rates fell off a little in most major markets, DAT says.

The Stockton-to-Seattle run — averaging nearly $3 a mile for van owner-operators last week — heads up this week’s load-planning strategy highlight.

All spot market rate averages highlighted for the week are derived from DAT RateView, and are based on rate agreements between freight brokers and carriers. Reference rates include fuel surcharges but not accessorial or other fees.