Flatbed Spot Market Rates Soar; Vans, Reefers Also Gain
Rates on the spot market keep heading higher, with all three major sectors posting increases, according to the freight matching service provider DAT.

Click on graphic to enlarge.
Rates on the spot market keep heading higher, with all three major sectors posting increases, according to the freight matching service provider DAT.
Flatbed rates soared 7% March 23 through March 29 compared to the previous seven days, averaging $2.30 per mile, due to high demand, along with tight capacity and improving weather conditions. Flatbed rates finished 9.5% higher than February and 9% over March 2013.
Reefers also posted a gain, 2.7% for the week, for $2.27 per mile, finishing March 8.1% higher than February and 15% over March 2013.

Van rates continue increasing but had the smallest hike, just 0.5%, for an average of $2.10 per mile, while the pace appears to be moderating. Rates finished March 5.5% higher than February and 18% higher over March 2013.
The increases came as the number of spot market loads available was unchanged from the previous seven days while capacity increased 6.2%.
Also, load-to-truck ratios fell by 11% for vans and 12% for reefers, but flatbeds gained 8.6%.
“This year has been different in many ways, and one of those atypical trends is playing out right now, Northern geographies are in the forefront, with the first surge of spring freight on the spot market,” writes DAT Analyst Mark Montague in his Freight Talk Blog.
He says from March 21 through March 27, compared to the previous seven days, Kentucky, Indiana, Michigan, and Ohio, displayed the biggest growth in freight, an 8.1% increase, while the next-highest growth consisted of Illinois, Missouri, Kansas, and Nebraska, with an increase of 7.5%.
“We can probably look to winter weather and pent-up demand as contributors to the strong results in those Northern states,” he said.
Tied for third place, two clusters of states exhibited a 7.0% increase; Maryland, Virginia, West Virginia, North Carolina, South Carolina, known as the Mid-Atlantic region; along with Arkansas, Louisiana, Oklahoma and Texas, known as the South Central region.

“The upward trend in the South Central region, however, is not directly related to weather, but more likely evidence of the increased influence of the energy sector on the U.S. economy,” said Montague. “Energy-related freight trends continue to originate in the South Central region, not only because of drilling in that area, but also because heavy equipment moves from Texas and surrounding states in the spring to shale oil and gas drilling sites elsewhere in the country. Production in those areas was suspended during the winter months, re-starting in spring.”
More Fleet Management

What Geotab's New AI Connector Means for Fleets
Fleets can now ask their usual AI assistants questions about maintenance, safety, fuel use, and vehicle performance, using their live Geotab data, and take action on the answers without leaving their preferred AI tool.
Read More →
New C.H. Robinson Tool Opens Door to More Predictable Freight
BidBoardX lets carriers search, bid on, and secure committed freight opportunities through a single digital marketplace.
Read More →
New York City's Microhub Project is Delivering Results
Trucking, last-mile delivery companies, and environmental advocates like what they are seeing so far with New York's microhub program.
Read More →
Why Truck Detention Keeps Costing Fleets Time and Money
A 2024 ATRI study found detention affects nearly 40% of truckload stops and costs the industry more than $15 billion annually. Despite the toll on drivers, fleets, and supply chains, the problem remains stubbornly persistent.
Read More →
Time is Running Out to Apply for Exclusive HDT Event
Heavy Duty Trucking Exchange brings fleet managers and suppliers together for the deeper conversations that lead to ideas, partnerships, and solutions. Time is running out to apply for the September event.
Read More →
Amazon Launches Less-Than-Truckload Freight Offering for All Businesses
This launch is the latest addition to Amazon Supply Chain Services, a portfolio of supply chain capabilities from Amazon, including freight, distribution, fulfillment, and parcel shipping.
Read More →
Import Cargo Volume to See Year-Over-Year Gain Again in June, Then Remain Below 2025 Levels Into Fall
After July, the report predicts a weakening in import volume as consumer uncertainty remains high and the impact of increasing inflation takes its toll.
Read More →
AUCTION OF EQUITY INTEREST IN HEAVY HAUL TRUCKING COMPANY!!
Mark your calendar: June 30, 2026 (10:00 a.m. PDT). A 37.5% ownership interest in MagnaTrans, LLC, a California limited liability company doing business as Magna Transportation Group, will be sold in an in-person and online auction to the highest bidder or bidders under Article 9 of the Uniform Commercial Code. The Rancho Cucamonga-based heavy haul and over-dimensional trucking company operates across California, Oregon, and Arizona.
Read More →
Volvo Trucks Adds Unattended Over-the-Air Software Update Capabilities
The latest evolution of Volvo’s over-the-air update technology allows software updates to run while trucks are parked, helping fleets keep vehicles current without disrupting operations.
Read More →How Waste Connections is Using Data, Telematics, and AI
How do you manage and maintain more than 18,000 connected trucks? Data. Lots of it.
Read More →

