Heavy Duty Trucking Logo
MenuMENU
SearchSEARCH

Spot Truckload Rates Fairly Stable Despite Lower Freight Volume

Spot truckload freight volume continued a seasonal decline, falling 12% for the week ending Jan. 28 compared to the previous week, but overall rates moved little, according to DAT Solutions and its network of load boards.

Evan Lockridge
Evan LockridgeFormer Business Contributing Editor
February 1, 2017
Spot Truckload Rates Fairly Stable Despite Lower Freight Volume

 

2 min to read


Spot truckload freight volume continued a seasonal decline, falling 12% for the week ending Jan. 28 compared to the previous week, but overall rates moved little, according to DAT Solutions and its network of load boards.

Unlike this time last year, spot freight activity did not drop off sharply toward the end of January as truck capacity increased 4.8%.

Ad Loading...

Van load posts were 9% lower last week as truck posts increased 4%, which sent the load-to-truck ratio down 13% to 2.5 loads per truck. The national average van rate edged down 1 cent to $1.69 per mile and is down 8 cents from the week of Jan. 7 while slipping again in key markets:

  • Los Angeles, $1.95 per mile, down 3 cents

  • Chicago, $2.01 per mile, down 6 cents

  • Atlanta, $1.88 per mile, down 1 cent

  • Buffalo, $1.94 per mile, down 3 cents

While Houston was one of a few major van markets where prices did not decline last week, unchanged at $1.54 per mile, outbound lanes from Dallas fell off the pace with Dallas-Houston falling 6 cents to $2.09 per mile and Dallas-Chicago down 1 cent to $1.13 per mile. All rates include fuel surcharges.

Ad Loading...

In the reefer market, while volumes actually improved on the top 72 lanes for refrigerated freight, the reefer load-to-truck ratio fell a full 20% to 5.3 to 1 nationally as the number of posted reefer loads declined 14% and capacity rose 8%. The average reefer rate lost just 1 cent to $1.97 per mile but is 6 cents less than it was three weeks earlier.

No single market or region is driving produce freight right now, so volumes are shifting around the country, according to DAT. Last week, the big swings were in the Midwest. The average rate from Grand Rapids-Madison, Wisconsin rose 31 cents to $2.71 per mile while Green Bay-Des Moines paid 13 cents better at $2.20 per mile.

Green Bay and Grand Rapids also happened to have two of the biggest declines last week. Green Bay-Joliet, Illinois fell 31 cents to $2.92 per mile and Grand Rapids-Atlanta declined 25 cents to an average of $2.12 per mile.

Flatbed load posts declined 15% and truck posts rose 3%. The load-to-truck ratio fell 17% to 18.1 loads per truck while the national average rate actually gained a penny to $1.91 per mile. Even with the small increase, rates are still down 1 cent from three weeks earlier after falling 3 cents the second week of the year.

More Fleet Management

Geotab screen on AI concept background
Fleet ManagementJune 17, 2026

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 →
Image of computer screen with BidBoardX interface

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 →
Amazon electric cargo bike on New York City street
Fleet ManagementJune 15, 2026

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 →
Ad Loading...
Illustration of hourglass and trucks backed up to a dock
DriversJune 15, 2026

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 →
Panel discussion
Fleet Managementby Deborah LockridgeJune 12, 2026

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 →
Empty trailer with worker loading a pallet of cargo
Fleet ManagementJune 10, 2026

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 →
Ad Loading...
Stacks of intermodal containers at port with truck driving between them

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 →
Equity Interest Auction
SponsoredJune 8, 2026

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 OTA updates.

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 →
Ad Loading...
Podcast thumbnail illustration
Fleet ManagementJune 4, 2026

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 →