DAT North American Freight Index Rises Seasonally in June
Spot market freight volumes reported by the DAT North American Freight Index rose 2.2% in June, compared to May, according to newly released figures. Spot market rates rose 4.5% for vans.
by Staff
July 17, 2013
Credit: DAT.
2 min to read
Spot market freight volumes reported by the DAT North American Freight Index rose 2.2% in June, compared to May, according to newly released figures.
The month-over-month increase fell slightly short of seasonal norms, while freight volume increased from May to June in eight of the past ten years with an average increase of 10%.
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Credit: DAT.
Freight availability rose 1.8% in June for both vans and flatbeds compared to May, but only 0.6% for refrigerated trailers. Compared to the record volume of June 2012, however, freight availability declined 9.5%. Volume dropped 9.5% for vans and 6.8% for flatbeds, but reefer load availability rose 3.9%, year over year.
Spot market rates rose 4.5% for vans in June compared to May, flatbed rates edged up 0.6% and reefer rates rose 6.0%. On a year-over-year basis, van rates declined 2.1% and flatbeds dropped 8.3% from the extremely high pricing levels of June 2012 in that segment. Reefer rates rose only 0.6% in June, compared to June 2012.
Rates are derived from DAT RateView, which is based on $18 billion of actual transactions paid by brokers, 3PLs and shippers to carriers. Reference rates are for line haul only, excluding fuel surcharges, which were unchanged in June on a month-over-month basis, but declined 2.0 percent compared to June 2012.
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The monthly DAT North American Freight Index reflects spot market freight availability on the TransCore DAT network of load boards in the United States and Canada.
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