Heavy Duty Trucking Logo
MenuMENU
SearchSEARCH

Spot Truckload Market Volume Jumps, Rates Move Higher

The availability of spot truckload freight gained 4.8% and the number of trucks posted slipped 3.2%, while rates remained unseasonably high, for the week ending Nov. 4, according to DAT Solutions and its network of load boards.

Evan Lockridge
Evan LockridgeFormer Business Contributing Editor
November 8, 2017
Spot Truckload Market Volume Jumps, Rates Move Higher

 

3 min to read


The availability of spot truckload freight gained 4.8% and the number of trucks posted slipped 3.2%, while rates remained unseasonably high, for the week ending Nov. 4, according to DAT Solutions and its network of load boards.

National average spot van and reefer rates jumped after receding for three straight weeks while the flatbed rate declined after two months of steady increases. However, national average spot rates remain above seasonal norms:

Ad Loading...
  • Van: $2.07 mile, up 4 cents from last week

  • Flatbed: $2.34 per mile, down 5 cents from the week before

  • Reefer: $2.36 per mile, up 5 cents from the previous week

(All rates cited include fuel surcharges.)

The number of van load posts increased 7% as retail freight enters the truckload distribution pipeline. Combined with a 4% decline in the number of trucks posted, this sent the van load-to-truck ratio up from 5.9 to 6.3 van loads per truck.

Ad Loading...

The van ratio has declined since hitting a peak of 7.0 loads per truck during the final week in September but is more than double what it was last year at this time.

Tighter capacity pushed spot market van rates higher across much of the country, as average outbound prices rose on 58 of the top 100 van lanes. Los Angeles remained the number one market for van load volume where the average outbound rate gained 11 cents to $2.49 per mile last week.

With holiday goods moving through the cold chain, the number of spot reefer load posts increased 18% last week. The reefer load-to-truck ratio increased from 9.7 to 11.8 loads per truck as available capacity fell 3%.

Of the top 72 reefer lanes, 39 had rising rates. Among the markets showing strength over the past week:

  • Green Bay, $3.72 per mile, up 12 cents

  • Chicago, $3.33 per mile, up 14 cents

  • Elizabeth, New Jersey, $2.20 per mile, up 6 cents

  • Los Angeles, $2.73 per mile, unchanged

Ad Loading...

Rebuilding efforts in Florida and the rest of the Gulf Coast have put tremendous pressure on flatbeds lately. Compared to September, flatbed load posts were up 5% in October while truck posts climbed 12%. That resulted in a 6% decline in the load-to-truck ratio compared to the previous month's spike. At 39.5 loads per truck, the ratio last month was 172% higher than in October 2016.

The national average price of on-highway diesel during this time ticked upward to $2.88 per gallon, the highest level since June 2015.

With spot freight rates being unseasonably higher than normal, this naturally begs one question: how much longer will rates stay this high?

“It could be a couple more months, at least,” said the latest DAT Blog. “Retail freight is expected to be more plentiful this year, and port traffic is way up. With the ELD mandate coming in December, it seems likely that prices will stay above normal for a while. Demand usually tapers off in February, so rates could slip lower then, until activity picks up again in the spring.” 

More Fleet Management

Lance Evans, Director of Safety at K&B Transportation.

Inside Modern Fleet Safety: AI, Cameras & Speed Control at K&B Transportation

How a former commercial vehicle enforcement officer turned director of safety at K&B Transportation is embracing real-world safety technology.

Read More →
TEN disaster prep.
Fleet ManagementMay 1, 2026

How Fleets Can Avoid Equipment Blind Spots in Disaster Response

When the unexpected happens, how you react to, and deal with operational blind spots is critical. Here’s how to keep you recovery on track, when nothing is normal.

Read More →
Illustration of cybersecurity images with "The Cyber Stop" text
Fleet Managementby Ben WilkensApril 30, 2026

AI Security Risks for Trucking Fleets: What to Know About Deepfakes and Agentic AI

As fleets adopt artificial intelligence for routing, maintenance, and load matching, new security risks are emerging. Learn where the vulnerabilities are and how to put the right controls in place.

Read More →
Ad Loading...
Mobile tablet showing Motus screen against highway background with Motus logo

FMCSA’s Motus System Is Coming. What Fleets Need to Know Now

The long-awaited registration system promises a single portal — and tighter fraud controls.

Read More →
CargoNet 2026 Qi report.
Fleet Managementby News/Media ReleaseApril 24, 2026

Cargo Theft Incidents Fall in Q1, but Organized Crime and Impersonation Drive New Risks

CargoNet reports fewer supply chain crime events to start 2026. But losses hold steady as organized crime shifts tactics toward impersonation schemes and high-value goods.

Read More →
Graphic with light bulbs, HDT Truck Fleet Innovators logo, and the word Nominations
Fleet ManagementApril 24, 2026

Nominations Open for HDT Truck Fleet Innovators 2026

Heavy Duty Trucking is searching for forward-looking leaders at trucking fleets as nominations for HDT’s Truck Fleet Innovators 2026. Deadline is May 15.

Read More →
Ad Loading...
Illustration with trojan horse and lock with inside of cargo container in background
Fleet Managementby News/Media ReleaseApril 23, 2026

New Trojan Driver Cargo Theft Scam Bypasses Carrier Vetting Systems

Cargo theft rings plant operatives as drivers inside legitimate, fully vetted carriers, then execute coordinated thefts that look like a traditional straight theft from the outside.

Read More →
ATA Truck Tonnage Index March 2026.
Fleet Managementby News/Media ReleaseApril 22, 2026

March Truck Tonnage Posts Strongest Annual Gain Since 2022

A modest sequential increase capped the strongest quarterly performance in years, signaling continued freight momentum in early 2026.

Read More →
Toll road.
Fleet Managementby Jack RobertsApril 22, 2026

Ohio Turnpike Targets $5.2 Million in Unpaid Tolls from Trucking Firms

More than 300 carriers across 26 states have been sent to collections as the Ohio Turnpike cracks down on toll evasion and delinquent payments.

Read More →
Ad Loading...
Illustration with ATRI logo and square blocks spelling out "research"
Fleet Managementby Deborah LockridgeApril 20, 2026

'Beyond Compliance,' Regulations, Driver Coaching on ATRI’s 2026 Research List

The American Transportation Research Institute will examine driver coaching, regulatory impacts — including the "Beyond Compliance" concept —and weather disruptions that shape trucking operations.

Read More →