Create a free Overdrive account to continue reading

Spot market update: Local demand indicators for three major segments in the last week

user-gravatar Headshot

A somewhat lackluster week on the spot market saw van and reefer volume increase slightly, but rates were more or less unchanged as a national average. Flatbed volume and rates considered broadly continued to drift down.

Neither trend was unusual for this time of year, notes DAT’s Ken Harper.

The maps below depict the relationship between load posts and truck posts in each state last week. The darker-colored states had above-average load-to-truck ratios, so there were more loads relative to the number of trucks available. When load-to-truck ratios increase, the additional competition tends to subsequently drive rates up.