Heavy Duty Trucking Logo
MenuMENU
SearchSEARCH

Spot Freight Rates Continue Decline as Capacity Rebounds

The amount of freight available to haul declined 4.5% the second week of February compared to the week before while capacity increased 10%, causing rates to slide in the major equipment categories for the third straight week.

Evan Lockridge
Evan LockridgeFormer Business Contributing Editor
February 18, 2015
Spot Freight Rates Continue Decline as Capacity Rebounds

 

2 min to read


Freight availability and rates on the spot truckload freight market fell in the most recent week as truck capacity increased, according to DAT Solutions, which operates its network of load boards.

Ad Loading...

The amount of freight available to haul declined 4.5% the second week of February compared to the week before while capacity increased 10%, causing rates to slide in the major equipment categories for the third straight week.

Ad Loading...

The national average flatbed rate dropped 0.9% to $2.12 per mile. Despite this outbound rates in several markets remained strong including Los Angeles at an average of $2.43 per mile; Rock Island, Illinois., $2.60 per mile; Houston, $2.41 per mile; Memphis, $2.78 per mile; and Harrisburg, Pennsylvania., $3.29 per mile.

After losing 7 cents the previous week, the national average van rate fell just 0.5% to $1.86 per mile including fuel surcharge, which was unchanged. Countering the national trend, the average outbound rate rose in Buffalo, up 5 cents to $1.94 per mile, likely due to harsh weather, according to DAT.

The national average reefer rate slipped another 0.5% to $2.10 as line-haul rates drift down seasonally. Reefer rates across the West were down, with outbound freight from Los Angeles losing 14 cents to $2.54 per mile.

During this same time capacity recovered as number of van loads posted on the DAT Network fell 6.6% while available van capacity increased 10% compared to the previous week. The van load-to-truck ratio was down 15% to 2.1 van loads posted for every available van on DAT load boards last week.

Flatbed load availability increased 2.5% and truckload capacity increased 8.2% last week. The load-to-truck ratio dipped to 11.1 loads per truck, a 5.4% percent decline.

Ad Loading...

Demand for reefers gave back 11% last week, and capacity added 8.9%, reversing the previous week's brief trend. The resulting load-to-truck ratio declined 18% to 6.2 reefer loads per truck.

More Fleet Management

Illustration with stacks of money and a shattered car windshield
Fleet Managementby Deborah LockridgeApril 13, 2026

Bill in House Would Raise Minimum Insurance for Motor Carriers to $5 Million

The Fair Compensation for Truck Crash Victims Act would increase insurance requirements for interstate motor carriers by nearly seven times.

Read More →
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 →
Ad Loading...
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 →
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 →
Ad Loading...
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 →
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 →
Ad Loading...
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 →