Reefer rates surged in January, van’s months-long rally ends

user-gravatar Headshot

Image 66 2017 02 01 10 56Reefer and flatbed rates climbed in the first month of 2017, according to monthly per-mile spot market rate data from Van rates, meanwhile, fell 3 cents a mile in the month, ending the segment’s four-month rally.

Van, however, was the only major truckload segment to post higher year-over-year rates. Compared to January 2016, van rates were up 2 cents, to $1.94 a mile:

Image 65 2017 02 01 10 56

Reefer rates surged in January from December, climbing 7 cents to $2.09 a mile. Reefer rates were down 4 cents compared to last January:

Image 64 2017 02 01 10 56

Flatbed gained 2 cents from December, averaging $2.04 a mile — down a penny from January 2016:

Image 63 2017 02 01 10 56

The Business Manual for Owner-Operators
Overdrive editors and ATBS present the industry’s best manual for prospective and committed owner-operators. You’ll find exceptional depth on many issues in the Partners in Business book, updated annually.
Partners in Business Issue Cover