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Spot truckload freight rates switched patterns over the past week, following seasonal highs hit by vans and reefers and a decline in flatbeds, as overall cargo volume was lower than anticipated, according to DAT Solutions and its network of load boards.
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Spot truckload freight rates showed either a big improvement or turned in a disappointment over the past week while a monthly gauge of the market reveals its best performance of the year, according to DAT Solutions and its network of load boards.
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Rates on the spot truckload freight market either moved higher or remained the same for the week ending June 2. The number of loads jumped 10% while shippers rushed to move freight before the end of the quarter and the start of the July 4 weekend, according to DAT Solutions and its network of load boards.
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Despite increased load-to-truck ratios, national average spot truckload rates were unchanged as overall market activity slowed during the week ending June 25, according to DAT Solutions and its network of load boards.
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Seasonal increases in spot truckload freight rates are continuing, according to new figures posted by the freight matching service provider DAT Solutions.
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The latest weekly numbers on the spot truckload freight market are both a good news and not so good news situation.
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While spot truckload freight rates showed some improvements in May from the month before, they remain below levels from a year earlier, according to new figures released by the freight matching service provider DAT Solutions.
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Rates on the spot truckload freight market turned higher over the past week amid optimism the usual seasonal bump in the spring and early summer has finally arrived, according to the freight matching service provider DAT Solutions.
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National average truckload van and flatbed rates each rose a penny on increased demand for freight hauling services during the week ending May 28 compared to the previous week, according to DAT Solutions and its network of load boards.
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Spot truckload freight rates and volume both saw no improvements for the week ending May 21 compared to the previous week, according to DAT Solutions and network of load boards. However, load-to-truck ratios increased and diesel prices have been rising sharply, an indication that spot rates may pick up soon.
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