Truckload freight rates likewise increased year-over-year on the spot market for all equipment types, but mixed results emerged in October compared to September.
For dry vans, rates rose 6.3% compared to October 2010, and increased 1.5% compared to September. National average rates for flatbeds increased 12% year over year, but remained stable compared to September. Refrigerated van rates rose 2.7% year over year but cooled seasonally by 2.5% versus September.
These reference rates are derived from TransCore's Truckload Rate Index, and do not include fuel surcharges. Spot market rates are paid by brokers and 3PLs to the carrier.
Looking ahead to December, TransCore predicts that select Midwestern states will likely offer relatively high freight volume and a good ratio of outbound loads. Top choices there include Illinois, Ohio, Indiana and Wisconsin. In the Southeast, Georgia, Tennessee and North Carolina also look strong for early winter.