Heavy Duty Trucking Logo
MenuMENU
SearchSEARCH

Spot Market Freight Availability Hits Second Highest Level of 2016

While October was the second strongest month for spot market freight availability so far this year there were only small improvements in rates, according to the freight matching service provider DAT Solutions and its North American Freight Index.

by Staff
November 14, 2016
Spot Market Freight Availability Hits Second Highest Level of 2016

 

2 min to read


While October was the second strongest month for spot market freight availability so far this year there were only small improvements in rates, according to the freight matching service provider DAT Solutions and its North American Freight Index.

Compared to September, total spot market freight volume rose 1.8%. An 11% increase in flatbed freight volume was responsible for the month-over-month growth, as van volume dipped 0.6%, and reefers lost 4% in October, compared to September.

Ad Loading...

Flatbed freight is associated with energy exploration, as well as construction, which may have gotten a boost in October due to post-hurricane relief and rebuilding in the Southeast.

“The atypical trend included a surge in volume and rates on eastbound, long-haul van lanes out of the West Coast, although declining volume in other regions prevented van volume from exceeding September levels,” said DAT. “The west-to-east increases were likely due in part to re-scheduling of retail freight movements in the wake of the Hanjin Shipping bankruptcy, as well as abundant fall harvests in California and the Pacific Northwest.”

When October is compared to the month before van rates rose 1.4 %. Reefer rates experienced a seasonal decline of 1.2%, but flatbed rates rose 0.6%, month over month.

Ad Loading...

Year-over-year, October 2016 truckload freight availability was up 27%, as the number of loads on the spot market surpassed same-month levels from the previous year. October marked the third consecutive month of year-over-year increases.

Dry van freight availability increased 51% in October, and refrigerated volume rose 44%, compared to October 2015. Flatbed freight volume edged up 0.5%, marking the first year-over-year increase for flatbeds in 16 months.

Line haul rates declined for all three equipment types, however, compared to October 2015. Van rates dropped 2.7%, reefers lost 1.2%, and flatbed rates fell 4.6%, year over year.

The average fuel surcharge, a component of the total rate paid to carriers and pegged to the retail price of diesel, fell 4.3% year-over-year, but the surcharge rose 10% from September to October.

More Fleet Management

Tractor-trailers on a highway with a TRAFFIX market data graphic showing spot truckload rates up 48% year over year, tender rejections at 12.9%, and freight volumes up 4.7% over two weeks.
Fleet Management•by Deborah Lockridge•November 10, 2026

Holiday Freight Meets a Tight Trucking Market

There's no freight boom, but truckload carriers are finding themselves in a stronger position to negotiate rates. And holiday shipping demand could tighten the market further.

Read More →
Fleet Management•by Staff•November 10, 2026

What Trucking Events are Happening in 2027?

Looking for trucking-related conventions, expos, and other events? Heavy Duty Trucking has developed this list of national and larger regional trucking shows and events.

Read More →
Illustration of a dispatcher viewing load schedules and a route map, with connected icons representing dispatch, trailer tracking, maintenance, documents, and billing.
Fleet Management•by Deborah Lockridge•November 9, 2026

Does Your Trucking Fleet Need a New TMS?

Artificial intelligence and better integrations promise less busywork and more useful data. Can your TMS help your company solve problems? Do you need additional vendors or an upgrade? Or is it time to look for a new platform?

Read More →
Ad Loading...
Erik Neandross, President of Clean Transportation Solutions at TRC.
Fleet Management•by Staff•November 8, 2026

Fleet Costs Shape ACT Expo 2027 Agenda

With diesel prices high and operating expenses under pressure, ACT Expo's 2027 agenda emphasizes fuel efficiency, AI, safety and the return on fleet technology investments.

Read More →
HDT Talks Trucking YouTube thumbnail with host Deborah Lockridge and guest Bill Cain of TMW
Fleet Management•by Deborah Lockridge•November 5, 2026

Does Your Trucking Fleet Need a New TMS? [Video]

Cloud technology, AI and new integrations are changing what transportation management systems can do. But does taking advantage of those advances mean replacing your existing TMS?

Read More →
Saegic TrackRR Gateway solar-powered trailer telematics device shown alongside screenshots of the Saegic Cloud Platform displaying trailer location, tire monitoring, and equipment status.
Fleet Management•November 4, 2026

Road Ready Becomes Saegic, Launches New Trailer Telematics Gateway

Clarience Technologies is rolling out new hardware and expanding its plans for connecting trailer telematics, maintenance data, and video.

Read More →
Ad Loading...
HDT Cyber Stop graphic pairing a laptop displaying binary code with a person using a clipboard to inspect a truck chassis, against a background of padlock icons.
Fleet Management•November 2, 2026

Give Your Trucking Fleet a Cybersecurity Walkaround

Your fleet's cybersecurity policies may look good on paper. These seven checks can help you find out whether they’re working.

Read More →
Western Star pulling double trailers in the Permian Basic for Atlas Energy Solutions
Fleet Management•by Deborah Lockridge•October 30, 2026

Kodiak Lines Up Fleets for Driverless Trucking

An agreement for 75 trucks, a new Texas freight lane, and progress on safety validation move Kodiak closer to its planned driverless highway launch.

Read More →
Illustration with Star of David and EEOC logo
Fleet Management•by News/Media Release•October 28, 2026

ITS Logistics Settles Religious Harassment Case

The Nevada-based logistics firm agreed to pay more than $396,000 to settle a religious harassment charge involving an employee's Jewish identity.

Read More →
Ad Loading...
Truck on divided interstate highway driving toward sunrise
Fleet Management•October 27, 2026

Your Trucks Are Busy. That Doesn’t Mean They’re Winning.

High utilization doesn’t always mean strong margins. Looking beyond the current load can help fleets make better dispatch decisions and get more value from each truck’s time.

Read More →