National average spot truckload rates for van, reefer, and flatbed freight all held steady for the week ending April 22, while prices in many major freight markets continued a slow springtime climb, according to DAT Solutions and its network load boards.
Evan Lockridge・Former Business Contributing Editor
April 26, 2017
Graphic: DAT
2 min to read
National average spot truckload rates for van, reefer, and flatbed freight all held steady for the week ending April 22, while prices in many major freight markets continued a slow springtime climb, according to DAT Solutions and its network load boards.
Ad Loading...
The number of available loads jumped 10% compared to the previous week while truck capacity tightened 1.5%. Load-to-truck ratios increased for all three equipment types:
Ad Loading...
Van ratio: 3.6 loads per truck, up 11%
Reefer ratio: 6.7 loads per truck, up 2%
Flatbed ratio: 47.8 loads per truck, up 20%
The national average van rate was $1.68 per mile. All reported rates include fuel surcharges. Lanes with rising rates continue to outnumber falling lanes on a week-to-week basis but not enough to bump up the national average.
The average rate on each of these lanes hit their highest marks in the last six weeks:
Philadelphia-Boston, up 27 cents to $3.34 per mile
Memphis-Columbus, $1.89 per mile, up 14 cents
Dallas-Denver, up 11 cents to $1.94 per mile
Stockton-Seattle, up 15 cents for $2.18 mile
Buffalo and Denver are the only markets where outbound rates are down more than 1% for the month.
Ad Loading...
The top five markets for van load posts were all in the South:
Atlanta, $1.94 per mile, up 2 cents
Charlotte, $1.91 per mile, down 1 cent
Houston, $1.66 per mile, down 1 cent
Dallas, $1.64 per mile, up 5 cents
Memphis, $1.95 per mile, unchanged
Last week reefer load posts held steady while truck posts declined 2%. One market where freight patterns are shifting is Florida. Volumes were down and wildfires and evacuations made it more expensive to move freight.
For instance, Miami-Boston reefer rates were up 23 cents to $2.14 per mile and Lakeland, Florida-Baltimore climbed 26 cents to $2.00 per mile. The largest drop last week was on the lane from Chicago-Philadelphia, which fell 23 cents to $2.37 per mile.
The flatbed load-to-truck ratio jumped 20% to 47.8 loads per truck. That’s the highest weekly flatbed load-to-truck ratio in years. Flatbed load posts increased 14% while truck posts declined 5%.
ACT Research data shows volumes hitting a four-year high and supply-demand balance strengthening, but higher oil prices are undercutting tariff relief and tempering optimism.
The patent-pending cargo solution integrates a digitally connected cargo door and an intelligent locking system with the TrailerHawk.AI technology platform.
Speaking at the TMC Annual Meeting in Nashville, ATA President Chris Spear said trucking faces mounting pressure from rising fuel prices, geopolitical instability, and uncertainty around trade policy.
More than 100,000 new trucking companies enter the industry each year, but regulators manage to audit only a fraction of them. That churn creates opportunities for inexperienced startups — and for “chameleon carriers” that shut down after safety violations and reappear under new identities. Read more from Deborah Lockridge in this commentary.
HDTX is an intimate event that connects heavy-duty trucking fleet managers with industry suppliers through small-group discussions, educational sessions, and structured one-on-one meetings.
Optimal Dynamics says its new Scale platform uses AI agents and optimization to help carriers find and secure freight that improves network balance and profitability.
NACFE's Run on Less - Messy Middle project demonstrates the power of data in helping to guide the future of alternative fuels and powertrains for heavy-duty trucks.