Heavy Duty Trucking Logo
MenuMENU
SearchSEARCH

Spot Market Freight Availability Hits Second Highest Level of 2016

While October was the second strongest month for spot market freight availability so far this year there were only small improvements in rates, according to the freight matching service provider DAT Solutions and its North American Freight Index.

by Staff
November 14, 2016
Spot Market Freight Availability Hits Second Highest Level of 2016

 

2 min to read


While October was the second strongest month for spot market freight availability so far this year there were only small improvements in rates, according to the freight matching service provider DAT Solutions and its North American Freight Index.

Compared to September, total spot market freight volume rose 1.8%. An 11% increase in flatbed freight volume was responsible for the month-over-month growth, as van volume dipped 0.6%, and reefers lost 4% in October, compared to September.

Ad Loading...

Flatbed freight is associated with energy exploration, as well as construction, which may have gotten a boost in October due to post-hurricane relief and rebuilding in the Southeast.

“The atypical trend included a surge in volume and rates on eastbound, long-haul van lanes out of the West Coast, although declining volume in other regions prevented van volume from exceeding September levels,” said DAT. “The west-to-east increases were likely due in part to re-scheduling of retail freight movements in the wake of the Hanjin Shipping bankruptcy, as well as abundant fall harvests in California and the Pacific Northwest.”

When October is compared to the month before van rates rose 1.4 %. Reefer rates experienced a seasonal decline of 1.2%, but flatbed rates rose 0.6%, month over month.

Ad Loading...

Year-over-year, October 2016 truckload freight availability was up 27%, as the number of loads on the spot market surpassed same-month levels from the previous year. October marked the third consecutive month of year-over-year increases.

Dry van freight availability increased 51% in October, and refrigerated volume rose 44%, compared to October 2015. Flatbed freight volume edged up 0.5%, marking the first year-over-year increase for flatbeds in 16 months.

Line haul rates declined for all three equipment types, however, compared to October 2015. Van rates dropped 2.7%, reefers lost 1.2%, and flatbed rates fell 4.6%, year over year.

The average fuel surcharge, a component of the total rate paid to carriers and pegged to the retail price of diesel, fell 4.3% year-over-year, but the surcharge rose 10% from September to October.

 

 

More Fleet Management

A woman holding a tablet with a screen showing rectangles of various colors
SponsoredSeptember 16, 2026

Color Match Smarter: Tools That Restore & Perform

For fleet managers and collision repair professionals keeping heavy-duty trucks on the road, getting the color right the first time isn't just about appearance — it's about efficiency, turnaround time, and bottom-line results. Discover how today's digital color tools are transforming the repair process from guesswork to precision.

Read More →
Mobile tablet showing Motus screen against highway background with Motus logo
Fleet Managementby StaffSeptember 15, 2026

FMCSA Pauses Biennial-Update Enforcement Amid Motus Transition

Carriers whose updates were due on or after June 1 have more time, while FMCSA works to stabilize its new registration system and warns of phishing sites impersonating its new carrier registration system, Motus.

Read More →
Geotab Whitepaper Cargo Theft Cover
SponsoredSeptember 14, 2026

2026 Blueprint for Countering Smarter Supply Chain Theft

Cargo theft is no longer just the cost of doing business. It's a multi-billion-dollar criminal enterprise exploiting vulnerabilities across your fleet, drivers, and supply chain.

Read More →
Ad Loading...
A monitor with a bar graph with a person sitting next to it wearing a headset.
SponsoredSeptember 1, 2026

How Telematics Improves Visibility, Control, and Performance in Refrigerated Fleets

Explore how telematics help refrigerated fleets improve visibility, uptime, efficiency, compliance, and cargo protection across connected cold chain operations.

Read More →
Graphic with U.S. and Canadian flags over background illustration of an ink-stamp that says Tariffs.
Equipmentby Deborah LockridgeAugust 24, 2026

What the U.S.-Canada Trade War Means for Trucking

Escalating U.S.-Canada tariffs could disrupt cross-border freight, reduce truck volumes, raise costs, and create new uncertainty for carriers on both sides of the border.

Read More →
Fleet Managementby News/Media ReleaseAugust 24, 2026

What Are Trucking’s Top Concerns for 2026?

The American Transportation Research Institute wants to know what's worrying trucking fleet managers, drivers, and other stakeholders in its annual Industry Issues survey.

Read More →
Ad Loading...
Four men in suits on the National Mall with giant video screen showing capitol building in the background
Fleet Managementby Deborah LockridgeAugust 24, 2026

American Trucking Associations Looks for a New Leader

ATA President and CEO Chris Spear abruptly left his job at the association on August 21, at a pivotal time for the trucking industry.

Read More →
The Cyber Stop column header with photo of a smiling driver in truck with a laptop and a wi-fi icon
Fleet ManagementAugust 21, 2026

Public Wi-Fi Cybersecurity Risks: How Truck Drivers and Fleets Can Protect Their Data

Public Wi-Fi can expose truck drivers and fleets to credential theft, malware, and other cyber threats. Here’s how to reduce the risk on the road.

Read More →
Woman in white blazer superimposed on background showing a row of Fraley & Schilling truck, plus the HDT Truck Fleet Innovators 2026 logo
Fleet Managementby Deborah LockridgeAugust 19, 2026

For Nicky Cupp, Fleet Innovation Starts With Frustration

HDT Truck Fleet Innovator Nicky Cupp turns everyday pain points at Fraley & Schilling into opportunities for better technology and smarter processes.

Read More →
Ad Loading...
Headshot of Adam Buttgenbach with a Pepsi-branded Tesla Semi in the background
Fleet Managementby Deborah LockridgeAugust 18, 2026

Adam Buttgenbach’s Approach to Electric Trucks: Start With Where They Fit

HDT Truck Fleet Innovator Adam Buttgenbach helped PepsiCo build one of North America’s largest EV fleets by focusing on where electric trucks make operational sense.

Read More →