Flatbed markets remained strong and van markets surged as overall spot freight availability rose 12% and capacity stayed flat, according to the latest numbers from DAT Solutions.
Vans Surge as Spot Freight Availability Increases
Flatbed markets remained strong and van markets surged as overall spot freight availability rose 12% and capacity stayed flat, according to the latest numbers from DAT Solutions.
by Staff
April 2, 2015
Source: DAT
1 min to read
Van and reefer spot market rates were unchanged from the previous week at $1.94 and $2.15 per mile, respectively, though van rates increased slightly out of Los Angeles thanks to a recovery in the flow of freight out of Southern California ports.
Flatbeds were once again solid with load availability up 13% and capacity falling 7.3%. These fluctuations pushed the load to truck ratio to 19.9 loads per truck, up from 16.4 in the week prior.
Demand for reefers were relatively unchanged, up only .3% and capacity fell 3.9%. The reefer truck-to-load ratio rose 4.4% to 8.2 loads per truck. Van freight availability increased by 19% and capacity actually increased as well by 2.8%. The two metrics usually move in opposite directions. Van load-to-truck ratio rose as well to 3.4 loads per truck.
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