Spot Market Freight Rates Improve Over Previous Week
Spot market freight rates have posted slight gains, but one sector continues to see rates slide, according to the freight matching service provider DAT Solutions.

Graphic: DAT Solutions

Graphic: DAT Solutions
Spot market freight rates have posted slight gains, but one sector continues to see rates slide, according to the freight matching service provider DAT Solutions.
Van gained 0.5% for an average of $2.03 per mile Nov. 16 through Nov. 22 compared to the previous seven days, while reefers gained even more, adding 1.3% for $2.34 per mile, its highest level out of the last four weeks. The increase in the average van rate was due to greater demand for freight movements and bad weather, according to DAT, while severe storms during the period may also have contributed to the increase in reefer rates as fleet productivity could have been hurt at key freight hubs.
In contrast, flatbed rates fell 0.9% for an average of $2.30 per mile, its lowest level out of the last four weeks as the sector begins to enter the winter doldrums.
This happened as the number of spot market loads available increased 13%, spot market truck capacity fell 0.5% and translating into gains in load-to-truck ratios.
The van load-to-truck ratio increased 21% to 3.6 loads per truck, while it posted 28% improvement for reefers, jumping from 9.8 to 12.6 loads per truck. Flatbeds recorded a more modest 5.9% gain for a ratio of 16 loads per truck.
The period was heavily affected by winter storms that dumped snow on a number of key freight markets, according to DAT Analyst Mark Montague in the company’s Freight Talk Blog.
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 →
