DAT: Spot Market Rates Fall but Still Strong
Newly released figures from the freight-matching service provider DAT show rates on the spot market are down slightly over the past week in two the three major categories and while it unchanged in another.

Newly released figures from the freight-matching service provider DAT show rates on the spot market are down slightly over the past week in two the three major categories and while it unchanged in another.

Nationally, the average spot rate for van freight was unchanged at $1.97 per mile during the week ending Feb. 15 compared to the previous week, despite a slight drop in load volume.
On the upside, halfway through the month, the average van rate is 21 cents higher than during February 2013.
Van-load volume decreased 3% last week while available capacity increased 4.6%. That moved the load-to-truck ratio to 4.8, down 7.2% from 5.2 the prior week. Load-to-truck ratios represent the number of loads posted for every truck posted on the DAT network of load boards.
The national average rate for flatbeds slipped a penny to $2.08 per mile. The number of posted flatbed loads decreased 3.6% last week while capacity tightened 1.1%. As a result, the load-to-truck ratio dropped 2.6% to 20.8 from 21.3 the prior week.
For reefers, overall load volume fell 5.1% last week and capacity increased 4.3%, pushing the load-to-truck ratio down 9% to 14.5 from 16 the prior week. The national average rate for reefers dipped 3 cents to $2.13 per mile after surging 10 cents per mile the prior week.
February is usually a slow month for over-the-road freight, but challenging weather and traffic conditions in much of the country have wreaked havoc on transportation schedules, according to DAT
Regionally, rates remain strong in weather-affected areas. The average outbound rate from Chicago climbed 9 cents and rates have increased 10% over the past four weeks. The average rate from Atlanta was unchanged at $2.00 per mile last week as another winter storm hit the area. Buffalo, the most volatile market this winter, increased 3 cents to $2.22 per mile last week; the average outbound rate is up 13.5% since mid-January.
More Fleet Management

Give Your Trucking Fleet a Cybersecurity Walkaround
Your fleet's cybersecurity policies may look good on paper. These seven checks can help you find out whether they’re working.
Read More →
Kodiak Lines Up Fleets for Driverless Trucking
An agreement for 75 trucks, a new Texas freight lane, and progress on safety validation move Kodiak closer to its planned driverless highway launch.
Read More →
ITS Logistics Settles Religious Harassment Case
The Nevada-based logistics firm agreed to pay more than $396,000 to settle a religious harassment charge involving an employee's Jewish identity.
Read More →
Your Trucks Are Busy. That Doesn’t Mean They’re Winning.
High utilization doesn’t always mean strong margins. Looking beyond the current load can help fleets make better dispatch decisions and get more value from each truck’s time.
Read More →
Why This Trucking Recovery Is Different
Freight demand remains sluggish, but rising costs and tougher enforcement have taken enough capacity out of the market to change the outlook for motor carriers.
Read More →
Platform Science Adds Dispatch and Safety Tools
Four additions to PS Fleet help fleets monitor loads, manage driver coaching, share truck locations and adjust video system settings.
Read More →
PrePass Intelligence Mines Fleet Bypass, Toll and Safety Data
PrePass Intelligence helps fleets measure bypass savings, flag potential toll overcharges, and spot suspicious transactions by combining data from separate systems.
Read More →
Motive Adds AI Agents for Fleet Operations
New tools automate follow-up on fleet data, from maintenance work orders to driver alerts, with two-way voice conversations planned for later this year.
Read More →Can You Beat Our Trucking Trivia Challenge?
Test your truck knowledge with 19 trivia questions from Heavy Duty Trucking Exchange. Can you keep up with the fleet pros?
Read More →
BeyondTrucks Adds Rules Checks to Dispatch
New Compatibility Engine checks driver qualifications, equipment requirements and fleet policies before loads are dispatched.
Read More →
