TransCore Sees Spot Market Rates Dip but Retain Seasonal Strength as Truckload Freight Volume Remains Stable

PORTLAND, Ore. --(BUSINESS WIRE)-- As overall spot market freight volume remained stable week over week, the national average linehaul rates for dry vans ($1.37 per mile) and flatbeds ($1.74 per mile) dipped but remained above end-of-May highs according to TransCore’s Truckload Rate Index. Freight availability on TransCore’s DAT Network of load boards typically peaks in June on the spot market, however capacity concerns led some brokers and shippers to accelerate freight movements to the first half of the month.

On the spot market, load volume declined 1.9 percent week over week for dry vans, the primary transportation mode, and remained flat for flatbeds and refrigerated (“reefer”) vans, according to TransCore Trendlines, a weekly barometer for spot market freight trends.

Rates rose for reefers, which are in high demand due to seasonal fruit and vegetable shipments, particularly in California. TransCore’s special Seasonal Produce Report provides a more detailed look at key market areas.

TransCore Trendlines is published weekly with spot market and contract market rates, and other key indicators from TransCore's U.S. Freight Index. It is based on more than 60 million loads and trucks posted annually on the DAT Network of load boards by freight brokers, 3PLs, shippers and carriers across the U.S. TransCore Trendlines also includes industry data from the American Trucking Associations and the U.S. Department of Energy.  

For the full story: Log In, Register for Free or Subscribe