Fleet Management

Spot Freight Rates Lose Momentum Following Recent Improvements

December 17, 2015

SHARING TOOLS        | Print Subscribe

A rally in spot truckload freight rates appears to have fizzled last week. Truck capacity jumped 21% while available freight fell 18% compared to the previous week, according to DAT Solutions, which operates the DAT network of load boards.

The national average van rate declined 2.8% to $1.72 per mile, led by a falling surcharge and declines in key markets. Los Angeles was down 9 cents to $2.02 per mile, and Memphis was off 10 cents to $1.94 per mile. 

The number of available van loads fell 25% week-over-week and truck posts increased 22%, producing a van load-to-truck ratio of 1.7 loads per truck.

The national average reefer rate dropped 0.5% to $1.94 per mile due to a lower fuel surcharge. The number of reefer load posts was down 26% while truck posts increased 24% for an average reefer load-to-truck ratio of 3.4.

The number of flatbed loads posted was off 1% and available truck capacity was up 18%, leading to a national load-to-truck ratio of 6.8. The average flatbed rate was $1.91 per mile, down 0.5% due to a lower fuel surcharge.

All this happened as the price of diesel fell another 4 cents to a national average of $2.34 per gallon.

Comment On This Story

Comment: (Maximum 2000 characters)  
Leave this field empty:
* Please note that every comment is moderated.


We offer e-newsletters that deliver targeted news and information for the entire fleet industry.


ELDs and Telematics

sponsored by
sponsor logo

Scott Sutarik from Geotab will answer your questions and challenges

View All

Sleeper Cab Power

Steve Carlson from Xantrex will answer your questions and challenges

View All