The spot freight market posted its usual seasonal lull the week of Christmas, but one sector saw a slight overall rate improvement, according to the freight matching service provider DAT Solutions.
by Staff
December 31, 2014
Reefer rates saw a bump last week. (File photo courtesy Carrier Transicold.)
1 min to read
Reefer rates saw a bump last week. (File photo courtesy Carrier Transicold.)
The spot freight market posted its usual seasonal lull the week of Christmas, but one sector saw a slight overall rate improvement, according to the freight matching service provider DAT Solutions.
The number of overall loads to haul fell 35% from Dec. 21 through Dec. 27 compared to the previous seven days, while the number of trucks available fell by nearly the same margin, 38%.
Ad Loading...
The average reefer rate posted its first gain in three weeks, 0.9%, climbing to $2.36 per mile, despite a 1-cent decline in the average fuel surcharge. This gain was due to a 5.5% increase in the reefer load-to-truck ratio, which hit 10.2 loads per truck.
The average rate for both dry vans and flatbeds were unchanged during the period at $2.08 and $2.30 per mile, respectively, following two straight weekly drops. The van load-to-truck ratio fell 2.4% to 3.3 loads per truck. The flatbed ratio spiked 33% to 18.5 loads per truck, in what DAT said was likely a “temporary surge.”
Despite there being little to no improvement in overall rates, the one added benefit of the week was a 4% decline in fuel costs, with it hitting its lowest level of the year.
Fleetworthy's new Bestpass Toll360 add-on uses route data and AI to predict toll charges, reconcile invoices, and automatically file eligible disputes—helping fleets cut manual work and recover overpayments.
Mack Financial Services has introduced the Rolling Asset Program, offering physical damage insurance for all makes and models within a customer's fleet.
A new partnership brings free wireless ELD service plus load optimization and dispatch planning tools to fourth- and fifth-generation Freightliner Cascadia customers, with broader model availability planned through 2026.
This white paper examines how advanced commercial vehicle diagnostics can significantly reduce fleet downtime as heavy duty vehicles become more complex. It shows how Autel’s CV diagnostic tools enable in-house troubleshooting, preventive maintenance, and faster repairs, helping fleets cut emissions-related downtime, reduce dealer dependence, and improve overall vehicle uptime and operating costs.
The $283 million acquisition of FirstFleet makes Werner the fifth-largest dedicated carrier and pushes more than half of its revenue into contract freight.
B2X Rewards is a new, gamified rewards program aimed at driving deeper engagement across BBM’s digital platforms, newsletters, events, and TheFleetSource.com.