Heavy Duty Trucking Logo
MenuMENU
SearchSEARCH

Spot Freight Rates at Highest Levels in Last Four Weeks

A hike in the average rate for refrigerated cargo leads increases in all three categories for spot freight, according to new figures released by the freight matching service provider DAT.

by Staff
May 28, 2014
Spot Freight Rates at Highest Levels in Last Four Weeks

 

2 min to read


A hike in the average rate for refrigerated cargo leads increases in all three categories for spot freight, according to new figures released by the freight marching service provider DAT.

Ad Loading...

From May 18 through May 24, compared to the previous seven days, the average reefer rate increased 0.9% to $2.33 per mile, at least the third straight weekly gain, hitting a four-week high, due to increased demand for trucks in the Southeast and South Central regions of the country.

Ad Loading...

The average rate for vans was also the best in the past four weeks, up 0.5% from a week ago to $1.97 per mile, while flatbeds gained 0.4% for $2.36 per mile, tying its best showing out of nearly the last month. Compared to April’s average, the current average rate for vans is five cents lower per mile while it’s one cent higher for flatbeds.

The increases came as overall available spot freight increased 1.7% from the previous reporting period while truck capacity increased by a wider margin of 4.3%. Load-to-truck ratios moved barely higher, with the reefer sector increasing 2% while flatbeds gained 0.4%. In contrast, the load-to-truck ratio for vans fell 3%.

Van freight volume expanded 3.3% on the spot market last week, mostly in the Southeast, while capacity added 6.5%, according to DAT. Flatbed load availability added 0.3% and truck capacity edged down less than 0.1% last week, yielding a 0.4% increase in the load-to-truck ratio, from 34.1 to 34.2. A 5% increase in load availability for reefers was partly offset by a 2.8% decline in capacity last week, yielding a 2% increase in the load-to-truck ratio, from 8.6 to 8.7. The average for the month of April declined to 9 from an atypical March high of 15.3.

More Fleet Management

ATA President Chris Spear.
Fleet Managementby Jack RobertsMarch 17, 2026

ATA’s Spear Warns Fuel Prices, Trade Policy, and Global Conflict Could Stall Trucking Recovery

Speaking at the TMC Annual Meeting in Nashville, ATA President Chris Spear said trucking faces mounting pressure from rising fuel prices, geopolitical instability, and uncertainty around trade policy.

Read More →
Illustration of author headshot with black-and-white old-fashioned rig in the background

New Entrants, Chameleon Carriers, and Safety: Is It Too Easy to Start a Trucking Company?

More than 100,000 new trucking companies enter the industry each year, but regulators manage to audit only a fraction of them. That churn creates opportunities for inexperienced startups — and for “chameleon carriers” that shut down after safety violations and reappear under new identities. Read more from Deborah Lockridge in this commentary.

Read More →
Panel discussion
Fleet Managementby Deborah LockridgeMarch 12, 2026

Fleet Managers Invited to Apply for Exclusive HDT Exchange Event

HDTX is an intimate event that connects heavy-duty trucking fleet managers with industry suppliers through small-group discussions, educational sessions, and structured one-on-one meetings.

Read More →
Ad Loading...
DAT iPhone Widget.
Fleet Managementby News/Media ReleaseMarch 12, 2026

DAT Launches iPhone Widget to Help Owner-Operators Find Loads Faster

New DAT One feature shows top-paying loads directly on an iPhone’s home screen, helping carriers react faster to spot-market opportunities.

Read More →
Optimal Dynamics Scale screen shot
Fleet Managementby News/Media ReleaseMarch 12, 2026

Optimal Dynamics Launches AI System to Help Carriers Choose Better Freight

Optimal Dynamics says its new Scale platform uses AI agents and optimization to help carriers find and secure freight that improves network balance and profitability.

Read More →
DAT March 2026 trucking conditions.
Fleet Managementby Jack RobertsMarch 12, 2026

DAT: Flatbed Demand Climbs as Van and Reefer Rates Soften

DAT Freight & Analytics data shows tightening flatbed capacity, easing produce markets, and softening van and reefer rates.

Read More →
Ad Loading...
YouTube thumbnail with Mike Roeth of NACFE saying "NACFE's Messy Middle: Which Fuel Wins?"
Fuel Smartsby Deborah LockridgeMarch 11, 2026

Run on Less “Messy Middle” Data Shows Multiple Paths Forward for Truck Powertrains [Watch]

NACFE's Run on Less - Messy Middle project demonstrates the power of data in helping to guide the future of alternative fuels and powertrains for heavy-duty trucks.

Read More →
Illustration of crowded New York street overlaid with dollar signs
Fleet Managementby Deborah LockridgeMarch 11, 2026

Federal Court Lets NYC Congestion Pricing Continue

A federal court ruling allows New York City’s congestion pricing program to continue, leaving truck tolls in place for fleets delivering into Manhattan.

Read More →
Fontaine Modification Access365
Fleet Managementby News/Media ReleaseMarch 10, 2026

Fontaine Modification Launches Real-Time Truck Modification Tracking Portal

Fontaine Modification has introduced a new customer portal designed to give fleets real-time visibility into the truck modification process, addressing one of the most common questions fleet managers face: “Where’s my truck?”

Read More →
Ad Loading...
FTR Tucking Conditions March 2026.
Fleet Managementby Jack RobertsMarch 10, 2026

FTR: Trucking Conditions Index Climbs to Highest Level Since 2022

Strong freight rates, rising volumes and tighter capacity push trucking conditions higher, though diesel prices could temper gains in the near term, FTR cautions.

Read More →