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The FTR Trucking Conditions Index for June jumped up 56% from May to a reading of 7.66, hitting the highest level of 2015 so far.
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The number of spot market loads available on DAT's network of load boards increased 3.8% for the week ending Aug. 1 compared to the previous seven days, as truck capacity fell by 2.7%.
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Seasonal trends continued to push spot market freight rates and availability lower for the week ending July 25, according to new figures released by DAT Solutions, the operator of the DAT network of load boards.
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The availability of truckload freight on the spot market hit a lull during the week ending July 18 compared to the previous week, leading to a decline in rates and load-to-truck ratios in all three equipment types, according to DAT Solutions, which operates the DAT network of load boards.
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A measure of base linehaul truckload rates show increases last month while intermodal rates fell for the sixth straight month, according to reports released Wednesday.
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Average spot truckload rates last week rose for van and refrigerated loads but dipped for flatbeds, reports DAT Solutions.
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Increased freight availability and falling truckload capacity was not enough to keep freight rates on the spot market from falling slightly for the week ending June 27, according to DAT Solutions, which operates the DAT network of load boards.
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Average spot truckload rates dipped during the week ending June 20 compared to the previous week but remain well above the averages for May, according to DAT Solutions, which operates the DAT network of load boards.
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Newly released figures show the Cass Truckload Linehaul Index once again remained higher in May than in each of the past three years, coming in 3.5% higher than May 2014 and 9.5% higher than two years ago.
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National average spot market freight rates remained at high levels last week, holding steady in all three equipment categories after seeing a large increase in the first week of June.
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