rates

Freight boom, ELDs created ‘most disruptive time seen in trucking’

Flatbed semi-truck

Economists and analysts last week at the annual FTR Conference recapped what was referred to as a "year of upheaval" in trucking, in which the combination of unexpected economic growth, the implementation of electronic logging devices and major hurricanes forced record-tight truck capacity and historically high rates. 

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Van rates rose in the ‘short’ Labor Day week, reversing recent seasonal falls

The short Labor Day week yielded some positive moves on the spot market around the country; headed into next week, with Hurricane Florence sitting offshore and bearing down on South and North Carolina and surrounding areas, a couple things to keep in mind ...

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Spot market tightens ahead of Labor Day — updates in van, flat, reefer

Market tightness slowed the recent trend of falling rates. The national average for van rates was down just 1 cent at $2.15 per mile, and on a lane-to-lane basis, the market stayed pretty well balanced, with regional demand shifts in reefers and flats.  

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Spot rates edge down in the last week for dry vans, reefers

Van volumes largely held, but reefer markets took a step back last week, and the national load-to-truck ratio actually dipped below where it was at this time a year ago -- it's showing its weakness all around the nation in this week's demand map.

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Summer seasonal rate doldrums starting to turn early in some dry van, reefer markets

Rates often hit something of a summer doldrums after the June peak, and the markets did soften in July. But prices may have turned a corner last week, with van rates holding steady on higher volumes in some key markets. Reefers mirrored the trend in some ways.

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An outsider’s perspective helps Isaac Ho navigate the trials of new authority

For owner-operator Ho, the first half of 2018 has been a fast-paced classroom on wheels, from jumping insurance and customer hurdles many new independents face to learning how to define "cheap freight," with little actual help, and using technological aptitude to advantage ....

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Spot rates recede slightly, still hot in all three segments

Spot market rates eased slightly in July from their record highs in June, according to monthly rates data from Truckstop.com, but rates in all three major segments are still trending well above their per-mile averages year over year.

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Despite seasonal dip, rates still ‘sky-high,’ with flatbed market tight nationwide

Though spot market rates have fallen slightly in recent weeks, they've come down only from record highs set in June, in line with annual seasonal trends, according to weekly rates data from DAT. "A decline in July is typical, but prices are still sky high," said DAT in its weekly report. A look at hot — and not so hot — van and flatbed lanes here.

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July seasonal downward trend in spot market rates is dipping from peaks well above typical

While truckload capacity has been tight all year, pushing up rates, the dynamic has eased gradually in July more so for vans than reefers, in somewhat typical seasonal fashion. At once, spot market conditions are still hotter than at the same time in prior years, and favorable to truckers.

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Spot market freight slows a bit, but ‘slump’ may be a stretch

Freight markets often begin to slide in mid-July, and last week’s national metrics fit the normal seasonal trend. That’s a signal that the red-hot demand seen in recent weeks has cooled, but it’s probably a stretch to call the slide a “slump.” 

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