DAT Freight Index Higher Than Year Ago, Falls from October
Spot market freight rates and availability all posted healthy gains in November in the U.S. and Canada compared to the same time a year ago, according to the DAT North American Freight Index, however there were declines from the month before.
by Staff
December 11, 2014
Graphic: DAT Solutions
1 min to read
Graphic: DAT Solutions
Spot market freight rates and availability all posted healthy gains in November in the U.S. and Canada compared to the same time a year ago, according to the DAT North American Freight Index, however there were declines from the month before.
Rates increased for all three equipment types with vans adding 16%, reefers jumping 24% and flatbeds gaining 15%. Rates in November compared to October rose 6.1% for reefers, 3.2% for vans, while flatbed rates slipped 2.1%.
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Overall freight availability was also strong in November, with volume increasing 17% compared to the same month in 2013. However, on a month-over-month basis, volume declined in a typical seasonal pattern, dropping 15% compared to October.
Freight volume increased for the three major equipment types, compared to November 2013. Van demand rose 44%, while freight availability increased 29% for refrigerated trailers and 13% for flatbeds. Compared to October, freight volume increased 8.6% for reefers, but van freight availability dipped 3.6%, and flatbed demand dropped a full 34%.
The rates cited are for line haul only, excluding fuel surcharges, which declined on both a month-over-month and year-over-year basis, according to DAT.
The monthly DAT North American Freight Index reflects spot market freight availability on the DAT Network of load boards in the United States and Canada.
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