reefer

Spot market: Latest demand, rates, volume pictures in all three major segments

It's looking more and more like we could get an early spring on the spot market. While the national average van rate declined for the sixth week in a row, it's still higher than at any point in 2017 at $2.17 per mile – and it's February. More on reefer, flatbed picture too.

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Hot economy pushes flatbedders’ income way above their peers

ATBS averages for independents and dry van haulers in 2017 were close to $60,000, but reefer haulers averaged only $49,267.

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Some mottling in recently intense spot market demand maps, as seasonal declines continue

Spot rates in many parts of the country are still above the peak prices from 2017, but van rates are starting to climb down from extreme heights of recent weeks, reefer rates at an even faster pace. At once, this is not a typical February.

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Independence basics: Binda Atwal’s attractions to trucking

It's the income possibilities owner-operator Binda Atwal names as his principal attraction to trucking, for his young family – Atwal and his wife are the proud parents of two children, a four- and one-year-old.

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Mid-January freight slowdown materializes in vans, reefers, though rates remain elevated

Normal seasonal declines in load posting activity have been occurring at a much slower pace than the pace of marked increases "after the ELD mandate went into effect," says DAT's Matt Sullivan. "Prices are still very elevated in many parts of the country."

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Spot market demand indicators drop but remain favorable for truckers

Load post counts were on the rise last week, but truck posts rose even higher after the holidays. It was the first week the van load-to-truck ratio declined since the ELD mandate went into effect. Yet the ratio was still 10.7 van loads per truck, way above what’s been historically typical, for any time of year.

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Rates shot up again in December in record-tight market

In addition to posting multi-year highs (again), rates in all three major truckload segments saw gains of about 40 cents a mile compared to December 2016.

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Spot market records broken again for first week of the year

With on-highway anecdotes of $5-plus/mile rates not hard to come by, the weekly spot market demand report gets a little closer to revealing ELDs' rates impact in van, reefer. The first week of the new year "has broken all the records we set when we ended the old year," says DAT's Matt Sullivan.

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Spot market extremely tight, favoring truckers, ahead of Christmas week

A lot of truckers took time off last week ahead of Christmas, which meant there were already fewer trucks on the road. It was also the first week under the electronic logging device mandate, and the combination of the upcoming holiday and new regulations pushed the national load-to-truck ratio for vans up higher than it’s ever been – 10.1 loads per truck.

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Spot market update: Closer-to-normal trends on offer in the last week, though the ELD mandate could change that

Dry van volumes were pretty similar last week to the week before. Rates started to settle down a little after peaks post-Thanksgiving, and the surge in volumes that sent prices skyward on the West Coast is mostly in the rearview – all normal stuff for this time of year. Then the ELD mandate happened. ...

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