Van rates, meanwhile, tumbled in February, the third straight month the segment’s rates have been in decline. Van rates fell 11 cents a mile in February to $1.83 — their lowest mark since last February, when van rates also averaged $1.83:
Reefer rates in February added 2 cents, pushing reefer to $2.11 a mile. Compared to the same month last year, reefer rates were up 7 cents a mile:
Flatbed rates gained a penny in February, averaging $2.05 a mile. Flatbed rates were up 8 cents a mile compared to February 2016:
The rate data from Truckstop.com are averages of verified rates paid to carriers by brokers and shippers.