Reefer, van rates continue to march skyward, flatbed stays strong

user-gravatar Headshot

Chart 32 2017 12 01 10 28Economic conditions continued to drive spot market rates higher in November, with per-mile rates for van and reefer climbing to multi-year highs, according to data from Flatbed rates dipped for the first time since July, according to, following months of strong gains.

Reefer rates led the increases among the three major truckload segments, climbing 8 cents a mile to $2.43 — reefer’s highest monthly average since July 2015. Compared to the same month last year, reefer rates were up 41 cents a mile.

Chart 30 2017 12 01 10 28

Van rates climbed 5 cents a mile to $2.31, the highest van average since December 2014. Van’s November average was up 40 cents from November 2016.

Chart 31 2017 12 01 10 28

Flatbed rates dipped 5 cents in November from October to $2.39 a mile. However, per-mile flatbed rates were up 38 cents from the same month last year.

Chart 29 2017 12 01 10 28

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 2022 edition of Partners in Business.
Partners in Business Issue Cover