Spot Market Insights: Spot Rates Were Mixed in the Latest Week

With load postings falling more than truck postings, the Market Demand Index fell to 74.4, which is the lowest level in four weeks

Spot Market Insights is provided weekly by Truckstop with analysis and commentary from FTR.

Data from Truckstop and FTR Transportation Intelligence for the week ended May 31 show stable rates overall, but the individual equipment types saw notable differences. As with the overall market rate, dry van spot rates were basically flat versus the previous week. However, refrigerated spot rates suffered their largest drop since the fifth week of the year. Flatbed rates were up for a third straight week, which had not happened since January. While the main equipment types moved differently, the week-over-week changes each were directionally in line with the changes for the same week last year.

With load postings falling more than truck postings, the Market Demand Index fell to 74.4, which is the lowest level in four weeks.

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