Spot Market Truck Volume Up 39 Percent

Spot market volume on TransCore’s network of load board slipped 3.7 percent in October from September and rose 39 percent year-over-year.

Higher load volume made October the biggest month for the spot truckload market since the aftermath of Hurricane Katrina in 2005, TransCore said. Truckload spot pricing for various equipment types were mixed.

The national average dry van spot market rates rose 1.5 percent from September and 6.3 percent from a year ago. Refrigerated rates fell 2.5 percent from September and rose 2.7 percent from a year ago. Flatbed rates were flat from September but jumped 12 percent year-over-year.

In a recent survey, TransCore Freight Solutions found for-hire truckload carriers increased their revenue and pricing 10 percent in the first half of the year.

-- Contact Mark Szakonyi at mszakonyi@joc.com. Follow him on Twitter @Szakonyi_JOC