Spot Market Freight Availability Increases, Flatbed Rates Higher

April 8, 2015

By Evan Lockridge

SHARING TOOLS        | Print Subscribe

The spot truckload freight market followed seasonal patterns during the week ending April 4 as load availability increased and capacity tightened, according to load board operator DAT Solutions.

The overall number of available loads rose 3.2% from the previous week against a 1% decrease in posted capacity.

The national average rate for flatbed freight increased 5.4% to $2.22 per mile, reflecting a 5-cent uptick in the linehaul portion of the rate and a 2-cent drop in the fuel surcharge. 

Regionally, average flatbed rates out of Pittsburgh rose 27 cents to $2.36 per mile and Harrisburg, Pennsylvania added 20 cents to $3.59 per mile. Southeastern markets stayed strong as Tampa jumped 23 cents to $1.63 per mile while Jacksonville, fell 1 cent but registered $2.71 a mile.

Flatbed load availability was up 9% last week while capacity also added 3.4%. The load-to-truck ratio rose 5% from 19.9 to 20.9 loads per truck, meaning that for every available flatbed truck last week there were that many available loads.

Demand for refrigerated equipment slipped 0.8% while available capacity increased 1.9%, which pushed the reefer load-to-truck ratio down from 8.2 to 7.9. The national average rate for reefer freight was unchanged at $2.15 per mile while outbound freight in Green Bay was much higher at $2.83 per mile but it was just $1.69 per mile out of Lakeland, Florida.

The national average spot rate for van loads was $1.92 per mile last week, down 1% due to a decline in the fuel surcharge. The linehaul portion of the rate has been unchanged for four weeks.

Average van rates out of Los Angeles and Atlanta were better than $2 per mile while those out of Philadelphia and Dallas were at $1.85 and $1.72, respectively.

Van freight availability slipped 0.5%, with reduced activity at the end of the week due to Good Friday and the start of a new fiscal quarter, according to DAT. Truckload capacity fell 2.9%, boosting the van load-to-truck ratio 3.5% from 3.4 to 3.5 loads per truck.  

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