After last week’s hopeful update, notes DAT’s Ken Harper, this week’s has March “starting to live up to its name” in spot volume and rates on DAT Load Boards.
Here’s the skinny on van, reefer and flatbed segments — check out the details hot-market maps below for a closer look at each.
“The flatbed market is especially strong in the Southeast in some unexpected places,” Harper says.
For instance, flatbed load-to-truck ratios are soaring in Alabama and Arkansas. And rates are skyrocketing in Raleigh: after a down month, four major lanes out of Raleigh had double-digit increases last week. Outbound from Jacksonville, Fla., rates rose 18 cents to $2.45/mile.
The top lanes for spot refrigerated truckload freight saw a 10 percent increase in volume during the week ending March 12. Reefer rates are trending up in California, Texas and Florida — “all key states for springtime produce harvests,” Harper notes.
“More loads moved last week in the top 90 lanes and a steady increase in volume should put pressure on rates: we still expect them to rise in the coming weeks.”