Heavy Duty Trucking Logo
MenuMENU
SearchSEARCH

Spot Market Freight Rates Continue to Languish

Rates and the amount of available freight on the spot market continue to be lackluster, but there is an indication prices could pick up at least somewhat in the near future.

Evan Lockridge
Evan LockridgeFormer Business Contributing Editor
Read Evan's Posts
September 16, 2015
Spot Market Freight Rates Continue to Languish

 

2 min to read


Rates and the amount of available freight on the spot market continue to be lackluster, but there is an indication prices could pick up at least somewhat in the near future.

Figures released from the freight matching service provider DAT Solutions, based on their network of load boards, show van rates fell Sept. 6-12 compared to the previous week by 0.6% to an average of $1.77 per mile. That follows a small gain last week.

Ad Loading...

The average flatbed rate turned in a similar performance, falling 0.5%, to an average of $2.03 per mile. That's its lowest out of the past four weeks, despite an uptick in demand during the Labor Day holiday week.

Reefer rates were unchanged during the period at an average of $2.04 per mile – the same as it has been for three out of the past four weeks. Outbound rates rose in the Pacific Northwest and parts of California, as well as the Upper Midwest, while an off-season surge in demand also boosted reefer rates in Texas in McAllen and Dallas, according to DAT.

Much of the reason for the rate stagnation is the number of spot market loads available fell 13% during the period as available truck capacity declined by 18%.

On the upside, all three sectors showed increased load-to-truck ratios, which can be indicative of higher rates to come.

Flatbeds recorded a 13% increase to 11.3 loads per truck, as flatbed load availability slipped 11%, and truck posts declined 21%.

Ad Loading...

Vans saw a 4.9% improvement, pushing the load-to-truck ratio from 2.0 to 2.1 loads per truck aslLoad availability declined 15% and truck capacity dropped 19% last week.

Reefers posted a more modest 2.6% increase due to a 12% drop in load posts and a 15% slide in truck capacity, resulting 5.2 loads available per truck. Part of the increase was likely due to potatoes starting to roll out of Idaho and apples being shipped from Wisconsin, according to DAT Analyst Peggy Doft in the DAT blog.

Despite the slightly encouraging news, spot market rates last month were well below those from a year earlier, due to dramatically lower freight volume, according to numbers put out earlier this week by DAT from its North American Freight Index.

More Fleet Management

2026 Mack Anthem rolls off the assembly line
Fleet Managementby News/Media ReleaseFebruary 3, 2026

Mack Financial Services Launches Physical Damage Insurance For All Makes

Mack Financial Services has introduced the Rolling Asset Program, offering physical damage insurance for all makes and models within a customer's fleet.

Read More →
Illustration of phishing email with trucks in background
Fleet Managementby News/Media ReleaseFebruary 3, 2026

New Phishing Scheme Targets Motor Carriers, FMCSA Warns

Beware of a new phishing scheme targeting motor carriers. Scammers are sending emails posing as FMCSA or DOT officials to steal data.

Read More →
Daimler-Class8 partnership.
Fleet Managementby News/Media ReleaseFebruary 2, 2026

DTNA Partners with Class8 to Expand Digital Services for Freightliner Owner-Operators

A new partnership brings free wireless ELD service plus load optimization and dispatch planning tools to fourth- and fifth-generation Freightliner Cascadia customers, with broader model availability planned through 2026.

Read More →
Ad Loading...
SponsoredFebruary 1, 2026

Reducing Fleet Downtime with Advanced Diagnostics

This white paper examines how advanced commercial vehicle diagnostics can significantly reduce fleet downtime as heavy duty vehicles become more complex. It shows how Autel’s CV diagnostic tools enable in-house troubleshooting, preventive maintenance, and faster repairs, helping fleets cut emissions-related downtime, reduce dealer dependence, and improve overall vehicle uptime and operating costs.

Read More →
SponsoredFebruary 1, 2026

Stop Watching Footage, Start Driving Results

6 intelligent dashcam tactics to improve safety and boost ROI

Read More →
M&A illustration with Werner and FirstFleet logos
Fleet Managementby Deborah LockridgeJanuary 29, 2026

Werner Expands Dedicated Fleet Nearly 50% With FirstFleet Acquisition

The $283 million acquisition of FirstFleet makes Werner the fifth-largest dedicated carrier and pushes more than half of its revenue into contract freight.

Read More →
Ad Loading...
Bobit Business Media B2X Rewards.
Fleet Managementby News/Media ReleaseJanuary 29, 2026

Bobit Business Media Launches B2X Rewards Engagement Program

B2X Rewards is a new, gamified rewards program aimed at driving deeper engagement across BBM’s digital platforms, newsletters, events, and TheFleetSource.com.

Read More →
Trucking Trends series graphic
Fleet Managementby Deborah LockridgeJanuary 29, 2026

AI is Reshaping Trucking in 2026, from the Back Office to the Shop

Trucking’s biggest technology shifts in 2026 have one thing in common: artificial intelligence.

Read More →
Column graphic illustration with Deborah Lockridge head shot and a small fleet truck in the background
Fleet Managementby Deborah LockridgeJanuary 27, 2026

Why Small Trucking Fleets Are Still Standing [Commentary]

Why discipline, relationships, and focus have mattered more than size for smaller trucking fleets during the freight recession.

Read More →
Ad Loading...
Fleet Managementby Deborah LockridgeJanuary 23, 2026

Cargo Theft Is Surging. A Bill in Congress Could Help. [Video]

Cargo theft losses hit $725 million last year. In this HDT Talks Trucking Short Take video, Scott Cornell explains how a bill moving in Congress could bring federal tracking, enforcement, and prosecutions to help address the problem.

Read More →