Spot Freight Rates Hold, Freight Availability Down Slightly
The summer doldrums appear to have kicked in on the spot freight market, with rates barely moving for the second straight week, according to the freight matching service provider DAT.


The summer doldrums appear to have kicked in on the spot freight market, with rates barely moving for the second straight week, according to the freight matching service provider DAT.
The average rate for van ($2 per mile) and reefers ($2.28 per mile) are unchanged for Aug. 17 through Aug. 23 compared to the previous seven days. This is the third straight week vans have been unchanged, although reefer rates were 9 cents higher than the same time a year ago.
The average rate for flatbeds fell by 0.4% to $2.44 per mile, despite strong demand and tight truck capacity, but still tying its best performance out of the last four-weeks.
Overall freight availability fell 1.4% for the period while truck capacity was nearly unchanged. This led to load-to-truck ratios falling 2% for vans to 3.1 to 1, with flatbeds dropping 3.3% to 35.3 to 1. In contrast, the load-to-truck ratio for reefers increased 7.3% to a seasonal high of 10.3 to 1, due to a 4.8% increase in freight availability in the sector and truck capacity shrinking 2.4%.
DAT Analyst Mark Montague noted recently in the company’s Freight Talk Blog that the freight transportation business is currently in a “transitional season." Demand is shifting from one part of the country to another, and certain types of cargo levels are falling with others are rising. However, the trend for the fourth quarter retail season is strong, he said.
Montague noted for vans, freight availability has been cooling in Southeastern hubs, but picking up in some northern areas such as Cleveland, Grand Rapids, Cleveland and Green Bay, while the California drought has suppressed freight availability for reefers.
More Fleet Management

Give Your Trucking Fleet a Cybersecurity Walkaround
Your fleet's cybersecurity policies may look good on paper. These seven checks can help you find out whether they’re working.
Read More →
Kodiak Lines Up Fleets for Driverless Trucking
An agreement for 75 trucks, a new Texas freight lane, and progress on safety validation move Kodiak closer to its planned driverless highway launch.
Read More →
ITS Logistics Settles Religious Harassment Case
The Nevada-based logistics firm agreed to pay more than $396,000 to settle a religious harassment charge involving an employee's Jewish identity.
Read More →
Your Trucks Are Busy. That Doesn’t Mean They’re Winning.
High utilization doesn’t always mean strong margins. Looking beyond the current load can help fleets make better dispatch decisions and get more value from each truck’s time.
Read More →
Why This Trucking Recovery Is Different
Freight demand remains sluggish, but rising costs and tougher enforcement have taken enough capacity out of the market to change the outlook for motor carriers.
Read More →
Platform Science Adds Dispatch and Safety Tools
Four additions to PS Fleet help fleets monitor loads, manage driver coaching, share truck locations and adjust video system settings.
Read More →
PrePass Intelligence Mines Fleet Bypass, Toll and Safety Data
PrePass Intelligence helps fleets measure bypass savings, flag potential toll overcharges, and spot suspicious transactions by combining data from separate systems.
Read More →
Motive Adds AI Agents for Fleet Operations
New tools automate follow-up on fleet data, from maintenance work orders to driver alerts, with two-way voice conversations planned for later this year.
Read More →Can You Beat Our Trucking Trivia Challenge?
Test your truck knowledge with 19 trivia questions from Heavy Duty Trucking Exchange. Can you keep up with the fleet pros?
Read More →
BeyondTrucks Adds Rules Checks to Dispatch
New Compatibility Engine checks driver qualifications, equipment requirements and fleet policies before loads are dispatched.
Read More →
