Spot rates surge to record highs

Jun 4, 2018

Per-mile rates on the spot market continued to surge upward in May, according to monthly data from loadboard Truckstop.com, with the three major truckload segments — dry van, reefer and flatbed — pressing to new record highs.

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Flatbed rates jumped 9 cents in May to $2.75 a mile, the segment’s highest average since Truckstop.com began distributing monthly rates data. It’s also a 50-cent jump from the same month last year.

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Reefer rates grew 10 cents in May from April, to $2.81 a mile — a 74-cent increase from May 2017 and the highest monthly average on record for reefer haulers.

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