U.S. rates steady despite volume increases: DAT
BEAVERTON, OR – While U.S. truck volumes increased in many van lanes last week, rates are holding steady because of available capacity, DAT RateView reports in its latest findings. Combined with lower fuel surcharges, van and reefer rates actually dipped a penny a mile. Average flatbed rates rose a mere cent on their own.
Spot loads in February were down 8.6% compared to January, while spot market capacity was up 4.7%.
Spot van rates dropped 3% while van loads per truck were down 25% during the same period, the analysts report. Flatbed spot rates in February were up 2.1%, while their loads to trucks up 16%.
Reefer spot rates dropped 4.6% while reefer loads to truck were down 4.6% for the month.
DAT is owned by Roper Technologies, which also owns Link Logistics in Canada.
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