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Spot Freight Rates Hit Seasonal Slump

Freight rates on the spot market, along with the number of loads available, have hit their typical seasonal slump, according to new figures released from the freight-matching service provider DAT.

Spot Freight Rates Remain Above Norm Despite Declines

Demand remained strong and rates were above the norm, despite a slight seasonal decline during the week ending July 19 compared to the previous seven days, according to the freight matching service provider DAT and its network of load boards.

Spot Freight Rates Soar Over Past Week

Rates on the spot market soared over the past week, according to new figures from the freight-matching service provider DAT. Flatbeds led the hikes gaining 4.1% June 29 through July 5, compared to the previous seven days, hitting $2.54 per mile.

Spot Market Van Rates Near Record High

They increased 1.1% during the second week in June compared to the first week, for an average of $2.07 per mile, with it made up of $1.59 per mile for the linehaul charge and 48 cents for the fuel surcharge.

Spot Freight Rates Continue Surging

Rates for spot market freight moved significantly higher over the past week following big gains over the past month, according to the freight matching service provider DAT.

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