Spot Truckload Freight Market Sees Weekly, Monthly Gains
Unseasonably high freight volumes combined with higher fuel prices and rough winter weather pushed spot truckload rates upward to start 2017, according to DAT Solutions and its network of load boards, while a separate measure showed the market improved for the sixth straight month in December.


Unseasonably high freight volumes combined with higher fuel prices and rough winter weather pushed spot truckload rates upward to start 2017, according to DAT Solutions and its network of load boards, while a separate measure showed the market improved for the sixth straight month in December.
The total number of posted loads increased 17% while available capacity was up 9.5% during the week ending Jan. 7 compared to the previous week. National average rates for reefers increased 5 cents to an unseasonably high $2.03 per mile while van added 4 cents for $1.77 per mile. In contrast, the average flatbed rate fell 3 cents to $1.92 per mile.
All rates include fuel surcharges and this most recent activity happed as national average price of on-highway diesel gained a penny to $2.60 per gallon.
This tighter capacity pushed van and flatbed load-to-truck ratios higher, while refrigerated freight dipped. The van load-to-truck ratio increased 10% to 4.9 loads per truck while flatbeds jumped 7% to 28.6 loads per truck. Reefers fell 4% to 10.7 loads per truck.
Van activity picked up gradually in the week following the holidays. Van load posts were up 20% compared to the previous week and truck posts increased 9%. But rates fell sharply in many key markets over the past week especially in the Midwest and West including:
Los Angeles, $2.08 per mile, down 8 cents
Chicago, $2.12 per mile, down 11 cents
Houston, $1.57 per mile, down 2 cents
Atlanta, $1.96 per mile, down 3 cents
Philadelphia, $1.75 mile, down 3 cents
Demand for reefer trucks slipped compared to the boom week between Christmas and New Year's but the load-to-truck ratio remained unseasonably high. Spot market load posts increased 3% but truck posts rose 7%. According to DAT, freight volume kept climbing in Nogales, Arizona with Mexican produce crossing the border, and load counts also started the year strong in Philadelphia, a big market for produce imports from Europe.
Despite these improvements average rates on several reefer lanes declined last week:
Chicago-Denver, $2.11 per mile, down 86 cents
Dallas-Phoenix, $1.30 per mile, down 42 cents
Miami-Baltimore fell to pre-Christmas levels at $1.72/mile
Elizabeth, New Jersey-Boston came back down 38 cents to $3.50/mile: still high but traffic and weather make travel difficult on that lane, plus there’s not much freight coming out of Boston.
Flatbed load posts increased 26% and truck posts increased 18% last week. That pushed the load-to-truck ratio up to its highest level since September 2014.
December Index Shows Continuing Improvements
Meantime, a separate reported showed The DAT North American Freight Index rose 8% in December, capping off an extraordinarily strong month for spot truckload freight and six straight months of increased volume.

E-commerce and grocery items were major sources of December freight for what is usually a quiet period on the spot market, according to DAT.
"Van rates and volumes shot up in places like Memphis and Columbus, both associated with e-commerce fulfillment, and even Denver and Seattle exhibited unusually robust rates and shipping patterns," said Mark Montague, DAT industry analyst.
Van freight availability increased 10% compared to November and surged 52% year over year, for an average van load-to-truck ratio of 3.8 to 1, a 22% increase compared to November and 80% higher year-over-year.
The national average spot truckload rate for vans was $1.73 per mile including a fuel surcharge. The average rate was the highest for the year, up 7 cents month over month and 1 cent compared to December 2015.
Reefer freight availability increased 10% in December compared to November, primarily due to demand for fresh and frozen foods at Christmas. The reefer load-to-truck ratio of 8.2 to 1 was the highest monthly ratio in the past 21 months. Compared to December 2015, reefer volume was up 55% in December.
The national average spot market rate was $1.98 per mile for reefers, up 2 cents from November to December and equal to the June peak season average. Compared to December 2015, the average rate was 2 cents per mile higher.
Demand for flatbed trucks increased 2.3% compared to November and 48% compared to December 2015. Flatbed rates increased 5 cents compared to November, to $1.95 per mile. That national average was up 1 cent compared to December 2015.
Despite a strong second half of 2016, spot market freight volume for the entire year fell 7.7% compared to 2015.
"While overall demand for truckload capacity grew 23% in the second half of 2016, those gains were more than offset by a 29% decline during the first half," Montague said.
More Fleet Management

What Geotab's New AI Connector Means for Fleets
Fleets can now ask their usual AI assistants questions about maintenance, safety, fuel use, and vehicle performance, using their live Geotab data, and take action on the answers without leaving their preferred AI tool.
Read More →
New C.H. Robinson Tool Opens Door to More Predictable Freight
BidBoardX lets carriers search, bid on, and secure committed freight opportunities through a single digital marketplace.
Read More →
New York City's Microhub Project is Delivering Results
Trucking, last-mile delivery companies, and environmental advocates like what they are seeing so far with New York's microhub program.
Read More →
Why Truck Detention Keeps Costing Fleets Time and Money
A 2024 ATRI study found detention affects nearly 40% of truckload stops and costs the industry more than $15 billion annually. Despite the toll on drivers, fleets, and supply chains, the problem remains stubbornly persistent.
Read More →
Time is Running Out to Apply for Exclusive HDT Event
Heavy Duty Trucking Exchange brings fleet managers and suppliers together for the deeper conversations that lead to ideas, partnerships, and solutions. Time is running out to apply for the September event.
Read More →
Amazon Launches Less-Than-Truckload Freight Offering for All Businesses
This launch is the latest addition to Amazon Supply Chain Services, a portfolio of supply chain capabilities from Amazon, including freight, distribution, fulfillment, and parcel shipping.
Read More →
Import Cargo Volume to See Year-Over-Year Gain Again in June, Then Remain Below 2025 Levels Into Fall
After July, the report predicts a weakening in import volume as consumer uncertainty remains high and the impact of increasing inflation takes its toll.
Read More →
AUCTION OF EQUITY INTEREST IN HEAVY HAUL TRUCKING COMPANY!!
Mark your calendar: June 30, 2026 (10:00 a.m. PDT). A 37.5% ownership interest in MagnaTrans, LLC, a California limited liability company doing business as Magna Transportation Group, will be sold in an in-person and online auction to the highest bidder or bidders under Article 9 of the Uniform Commercial Code. The Rancho Cucamonga-based heavy haul and over-dimensional trucking company operates across California, Oregon, and Arizona.
Read More →
Volvo Trucks Adds Unattended Over-the-Air Software Update Capabilities
The latest evolution of Volvo’s over-the-air update technology allows software updates to run while trucks are parked, helping fleets keep vehicles current without disrupting operations.
Read More →How Waste Connections is Using Data, Telematics, and AI
How do you manage and maintain more than 18,000 connected trucks? Data. Lots of it.
Read More →

