Heavy Duty Trucking Logo
MenuMENU
SearchSEARCH

Spot Freight Rates, Activity up with Start of 2016

Spot truckload freight activity increased sharply during the first full week of 2016, as rates also improved or held steady – while a separate report shows December was better than the month before.

Evan Lockridge
Evan LockridgeFormer Business Contributing Editor
January 13, 2016
Spot Freight Rates, Activity up with Start of 2016

 

3 min to read


Spot truckload freight activity increased sharply during the first full week of 2016, as rates also improved or held steady – while a separate report shows December was better than the month before.

Ad Loading...

According to the freight matching service provider DAT Solutions, which operates the DAT network of load boards, despite a 2-cent decline in the average fuel surcharge, national average rates rose for vans and reefers last week while flatbed rates were unchanged.

Ad Loading...

In the spot van market, load posts increased 28% while truck posts jumped 58% in the first full workweek of 2016.

As a result, the van load-to-truck ratio dropped 19%, meaning there were 2.7 van loads for every truck posted on the DAT network, a strong performance for early January, according to the company.

The national average van rate rose 1.2% to $1.73 per mile, although rates fell on high-volume lanes originating in the Northeast, Midwest, and on the West Coast. All reported rates include fuel surcharges.

Reefer load posts rose 6% and truck posts surged 51% during the week as the national average reefer rate gained 0.5% to $1.96 per mile. Compared to the shortened New Year’s holiday week, the load-to-truck ratio dipped 30% from 9.6 to 6.7.

Flatbed load posts jumped 61% and truck posts were up 74%. The flatbed load-to-truck ratio fell 8% as a national average, from 11.4 to 10.5 loads per truck, as the national average flatbed rate held steady at $1.92 per mile.

Ad Loading...

December Index Moves Higher

Meantime, newly released figures show spot market freight volume rebounded 15%  in December, month-over-month, and truckload line haul rates increased for the three primary trailer types, pushing the DAT North American Freight Index higher from the month before.

Compared to the extraordinary volume and rates of 2014, however, spot market indicators continued to lag.

By equipment type, van freight availability increased 19%, refrigerated volume rose 13% and flatbed trailers added 7.4%, compared to November.

Spot market rates rose 2% for vans, 2.3% for reefers and 1.8% for flatbeds, month-over- month, not including fuel surcharges.

Compared to the record levels of December 2014, overall freight availability declined 37% last month.

Ad Loading...

By equipment type, van demand was down 35%, reefer volume fell 33% and flatbed freight availability lost 47%, compared to November 2014.

Line haul rates declined 10% for vans, 11% for reefers, and 7.6% for flatbeds, year-over-year. Total rates paid to the carrier dropped by 17%, due to a 50% decline in the fuel surcharge, which comprises a portion of the rate.

"Trucks were readily available on the spot market in 2015, and at bargain prices, at least when you compare to average rates in 2014, said DAT Analyst Peggy Dorf, in the the DAT blog. "If you take a longer view, however, it's 2014 that looks like the exception. Spot market rates were higher in 2015 than in 2013, the most recent 'normal' year."

For 2016, assuming that total freight volume is stable or increases modestly, she projects there should be an uptick in spot market van load availability and rates, supporting renewed growth for intermediaries, small to mid-sized for-hire fleets, and owner-operators.

"As first quarter is historically a slow period on the spot market, we can expect the recovery to begin in late spring, barring big, unexpected events that affect transportation," Dorf said.

More Fleet Management

FTR market report for February 2026.
Fleet Managementby News/Media ReleaseApril 10, 2026

FTR Trucking Conditions Index Hits Four-Year High in February

Strong freight rates push TCI to 10.2, but FTR expects fuel-price volatility to skew March results.

Read More →
C.H. Robinson intermodal.

C.H. Robinson Offers Carriers Relief as Diesel Prices Surge

C.H. Robinson is waiving fees on fuel cards and cash advances for April and May, aiming to help carriers offset rising diesel costs tied to geopolitical instability.

Read More →
Fleet Managementby StaffApril 8, 2026

What Trucking Events are Happening in 2026?

Looking for trucking-related conventions, expos, and other events? Heavy Duty Trucking has developed this list of national and larger regional trucking shows and events.

Read More →
Ad Loading...
Peter Voorhoeve, president, Volvo Trucks North America.
Fleet Managementby Jack RobertsApril 6, 2026

Volvo’s Quiet Confidence Turns into a Full-Throated Bet on the Future

After years of steady, methodical progress, Peter Voorhoeve says the OEM’s latest lineup isn’t just evolutionary. It’s delivering real, measurable gains for fleets right now.

Read More →
Beyond Trucks Rate Agent TMS.
Fleet Managementby Jack RobertsApril 2, 2026

BeyondTrucks Targets Rate Complexity with New AI RateAgents

BeyondTrucks says its new RateAgents can turn plain-language rate logic into working code, starting with fuel surcharges — a critical but notoriously complex piece of carrier revenue.

Read More →
Magnus Koeck, vice president of strategy, marketing, and brand management, Volvo Trucks North America
Fleet Managementby Jack RobertsApril 2, 2026

Volvo Sees Market ‘Tipping Point’ as New VNL Orders Surge

Soft freight conditions persist, but aging fleets, strong order intake, and new-product momentum signal a more optimistic second half of 2026, Volvo Trucks North America says.

Read More →
Ad Loading...
Illustration of a semi-trailer with a sports playbook diagram on chalkboard
Fleet Managementby Deborah LockridgeApril 1, 2026

Cargo Theft’s New Playbook: Strategic Fraud, Double Brokering, and Cybercrime Hit Trucking

Cargo theft is evolving from regional smash-and-grab operations to sophisticated fraud schemes. Strategic theft now accounts for roughly a third of cargo crime, with incidents rising sharply in recent years. Here’s how the schemes work — and what fleets can do to protect themselves.

Read More →
Collage of Top 20 Product award ceremonies
EquipmentMarch 31, 2026

HDT Honors the Best New Products of 2025 at TMC [Photos]

Heavy Duty Trucking's Top 20 Products awards recognize the best new products and technologies. Check out the award presentations at the 2026 Technology & Maintenance Council annual meeting.

Read More →
freightliner whitepaper
SponsoredMarch 31, 2026

Detroit Engines: Trusted Performance, Built for What's Next

The Detroit® Gen 6 engine platform proves that real progress doesn’t require a complete redesign. Built on 20 years of trusted technology, these engines are designed for efficiency, stronger performance, and greater reliability than before. And they do it all while complying with 2027 EPA standards on every mile.

Read More →
Ad Loading...
Q&A graphic with Erik Neandross headshot
Fleet Managementby Deborah LockridgeMarch 27, 2026

Q&A: What's Real in Advanced Truck Tech? ACT Expo's Erik Neandross Weighs In

The 2026 ACT Expo is focusing heavily on what organizer Erik Neandross calls trucking's digital frontier. This interview excerpt dives into artificial intelligence, zero-emission vehicles, and tips to make sense of it all.

Read More →