Heavy Duty Trucking Logo
MenuMENU
SearchSEARCH

Spot Freight Rates Down, Vans Below $2 for First Time Since May

Rates on the spot market continue moving lower while truckload capacity jumped, the first indication of a more typical slow, winter freight season, according to the freight matching service provider DAT Solutions.

Evan Lockridge
Evan LockridgeFormer Business Contributing Editor
January 21, 2015
Spot Freight Rates Down, Vans Below $2 for First Time Since May

 

1 min to read


Rates on the spot market continue moving lower while truckload capacity jumped, the first indication of a more typical slow, winter freight season, according to the freight matching service provider DAT Solutions.

Reefers posted the biggest decline, 2.6%, Jan. 11 through Jan. 17, compared to the previous seven days. It registered an average of $2.29 per mile, its second straight weekly drop. Most of this was due to a decline in the line haul portion of the rate.

Ad Loading...

Flatbeds gave up 1.7% for an average of $2.25 per mile, also its second consecutive weekly decline, while vans fell 1.5% for an average of $1.98 per mile, the first time it has been below the $2 level since May.

Leading to the rate declines was a 24% increase in spot market truck capacity while the number of available loads to haul fell 1% during the period.

This resulted in lower load-to-truck ratios in all three sectors. Reefers declined 24% to 10.1 loads per truck while vans fell 20% to 3.1 loads per truck, the latter still relatively strong for this time of the year, according to DAT. Flatbeds dropped 17% to 13.7 loads per truck.

More Fleet Management

Illustration of past due invoices with red X on top with background of a truck at a loading dock
Fleet ManagementJuly 27, 2026

Freight Broker Bonds Just Got Harder to Get. Here's What That Means for Your Fleet.

When it gets harder for a freight broker to prove they are financially sound, the ones who cannot clear that bar get pushed out of the market. And those are exactly the brokers who used to leave motor carriers holding the bag.

Read More →
Photo of cable bridge crossing Detroit River
Fleet Managementby Deborah LockridgeJuly 23, 2026

Long-Awaited Canadian Border Bridge to Open in Detroit

For trucking, the bridge opening should offer immediate improvements in efficiency and reliability, with new customs facilities, expanded inspection capacity, and direct freeway-to-freeway connections.

Read More →
Blue International heavy-duty truck with Aurora driverless truck software coming head-on on an interstate highway
Equipmentby Deborah LockridgeJuly 22, 2026

Aurora Rolls Out Next Generation of Driverless Trucks for Commercial Freight

Aurora's latest autonomous trucks it's rolling out with International feature lower-cost hardware designed for a million miles as the company expands commercial driverless freight operations across the U.S. Sun Belt.

Read More →
Ad Loading...
American Trucking Associations for-hire tonnage graph
Fleet Managementby Deborah LockridgeJuly 21, 2026

Freight Tonnage Down, Rates up, as Lower Capacity Powers Trucking Recovery

The recovery from the freight recession continues to be driven by reduction in capacity rather than by increased demand.

Read More →
Cyberstop column header depicting images of ChatGPT prompt on a smartphone and shadowy hooded figure
Fleet Managementby Ben WilkensJuly 17, 2026

Think Your Trucking Fleet Isn't Using Much AI? Think Again

Shadow AI — the use of unauthorized artificial intelligence tools at work — is becoming increasingly common, putting sensitive company data at risk. Learn how trucking fleets can protect sensitive data while embracing AI.

Read More →
Photo of semi trucks with Panther, ArcBest, and ABF trailers backed up to docks, with ArcBest logo superimposed on top
Fleet Managementby Deborah LockridgeJuly 17, 2026

ArcBest Consolidates Brands, Cuts Workforce

The company will bring three business units under the ArcBest brand, eliminate about 2% of positions, and expects the changes to generate $40 million in annual savings.

Read More →
Ad Loading...
Cover of ATRI operational costs study with graph clip art and photo of trucks on highway in the background
Fleet Managementby Deborah LockridgeJuly 15, 2026

Trucking Fleets Faced Record Operating Costs During Third Year of Freight Recession

ATRI's annual operational cost report shows carriers trimmed fleets, delayed equipment purchases, and ran older trucks as expenses continued to outpace freight rates.

Read More →
Micheline AI Assistant.

Michelin Adds AI Assistant to MyConnectedFleet Platform

Michelin’s new generative AI tool delivers instant fleet insights, helping managers analyze fuel use, tire maintenance, vehicle status, and operational performance without manually creating reports.

Read More →
LytxOne Platform.

LytxOne Platform Now Features AI, Compliance, and Asset Tracking Tools

New enhancements add AI-powered insights, asset tracking, compliance automation, and configurable privacy controls to Lytx's all-in-one fleet management platform.

Read More →
Ad Loading...
Container ship at the Port of Long Beach.

July Imports Poised to Set Container Record

The National Retail Federation projects July container imports will surpass the pandemic-era record as shippers frontload freight ahead of expected August tariff increases.

Read More →