Spot Flatbed Rate Rises for 3 Straight Weeks
The national average rate for spot flatbed loads increased for the third straight week and the flatbed load-to-truck ratio topped 70 to 1 during the week ending Feb. 24, said DAT Solutions, which operates the DAT network of load boards.
The number of available flatbed loads increased 10% compared to the previous week while truck posts dipped 1%. The load-to-truck ratio rose 10% from 64.2 to 70.8 loads per truck and the national average flatbed rate gained 5 cents to $2.35/mile.
Van and refrigerated freight rates continued their gradual slide but remain higher than at this point last year.
The national average van rate lost 1 cent to $2.14 per mile on a 6% decline in the number of van loads and a 1% gain in available capacity. The van load-to-truck ratio fell slightly to 6.7 loads per truck.
The national average reefer rate fell 2 cents to $2.43/mile. The number of available loads was down 2% and truck posts edged up 1% for a 9.3 load-to-truck ratio.
Diesel prices fell to $3.023/gallon.
Category: Featured, General Update, News
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