Dry van, flatbed spot rates hit multi-year high marks in December

Updated Jan 9, 2021
Monthly rates data provided by Truckstop.com.Monthly rates data provided by Truckstop.com.

Despite other indicators showing a slowdown in the economic recovery in December, per-mile rates on the spot market for two prominent freight sectors continued to show strength.

Dry van loads averaged $2.64 a mile in December in Truckstop.com’s system — a 2-cent increase from November and an 80-cent jump from May, just seven months earlier. It was van’s strongest showing in two and a half years, since July 2018.

Flatbed rates, likewise, climbed 3 cents in December to $2.66 — a 45-cent gain from its recent low point in May. It was also a multi-year high mark for flatbed on Truckstop.com’s board, hitting its best monthly average since September 2018.

Lastly, reefer’s average in December slipped 8 cents, to $2.68 a mile. That’s still 46 cents higher than the segment’s low in April. It’s also 36 cents stronger than November 2019 (Truckstop.com averages were unavailable for December 2019).

Showcase your workhorse
Add a photo of your rig to our Reader Rigs collection to share it with your peers and the world. Tell us the story behind the truck and your business to help build its story.
Submit Your Rig
Reader Rig Submission