The total number of posted loads fell 6.2 percent while available truck capacity dropped 9.3 percent. Load-to-truck ratios increased across all three equipment types.
VANS: The van load-to-truck ratio rose 3 percent to 2.8 loads per truck, reflecting a typical buildup in demand to close the second quarter. The national average spot van rate was unchanged at $1.61/mile for the third straight week.
California markets continue to pick up, with the average outbound rate from Los Angeles adding 7 cents to $2.21/mile. Demand continues to heat up for vans in the Southeast, as loads from Charlotte, N.C., averaged $2.09/mile, up 5 cents, while Atlanta rose 4 cents to $1.94/mile.
REEFERS: The national average spot market rate was unchanged at $1.95/mile. However, a 9 percent increase in the load-to-truck ratio — to 5.8 available reefer loads per truck — signals that rates are likely to rise soon due to end-of-quarter and pre-holiday demand.
FLATBEDS: At $1.95/mile, the national average flatbed rate was unchanged compared to the previous week and several markets and lanes gave back last week’s gains:
Pittsburgh to Houston: $1.15/mile, down 46 cents
Harrisburg, Pa.: $3.01/mile, a 5-cent drop
Rock Island, Ill.: $2.37/mile, down 8 cents
Baltimore to Springfield, Ill.: $3.30/mile, down 11 cents
Flatbed load posts fell 7 percent and capacity decreased 4 percent last week, as the load-to-truck ratio fell 3 percent to 17.6 loads per truck.
Rates are derived from DAT RateView, which provides real-time reports on prevailing spot market and contract rates, as well as historical rate and capacity trends. All reported rates include fuel surcharges.
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