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DAT Solutions

DAT August Rates Almost Climb to All-Time High

According to DAT Freight & Analytics, August’s spot truckload rates almost set an all-time high, with spot van, refrigerated and flatbed rates higher month over month and load-to-truck ratios increasing at the end of summer.

Demand for Truckload Raises Rates

According to DAT Solutions, spot truckload rates for van, refrigerated, and flatbed have all seen increases since last month, with supply chain disruptions caused by COVID-19 pushing more freight to the spot market at a time when demand for truckload capacity usually declines.

Spot Market May be Softening

Looking at the spot market for the third week of July, it's hard to tell where we may be going, with rates and volumes hard to compare to typical seasonal trends due to COVID-19.

Spot Rates Recover to Pre-COVID Levels

According to DAT Freight Trends for the week of June 1-7, average van, refrigerated, and flatbed rates have recovered to where they were prior to widespread shutdowns of the U.S. due to the COVID-19 outbreak.