Spot Truckoad Rates Fall 1 Cent for Vans, Reefers

Overall demand for capacity on the spot truckload market was stable for the week ending Dec. 19, slipping just 1.9% compared to the previous week, according to DAT Solutions.

In the van market, the number of posted loads fell 5% while available capacity was up 1%. The resulting load-to-truck ratio fell 6% to 1.6 loads per truck, meaning there were 1.6 van loads for every truck posted on the DAT network. The national average van rate fell 1 cent to $1.71 per mile.

The number of posted reefer loads increased 2% while truck posts declined 3%, for a 3.6 load-per-truck ratio as a national average. The national average reefer rate continued to slip, losing a penny to $1.93 per mile.

Flatbed load posts were down 2% and truck capacity declined 1%, leaving the national flatbed load-to-truck ratio unchanged at 6.8. The national average flatbed rate edged up 1 cent to $1.92 per mile.

The average price of diesel continued to fall, plunging 6 cents to $2.28 per gallon.

Category: General Update