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Flatbed markets remained strong and van markets surged as overall spot freight availability rose 12% and capacity stayed flat, according to the latest numbers from DAT Solutions.
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In a mixed week for the spot market, Flatbeds saw the only gain again continuing the trend in demand for the trailer type.
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A measure of freight rates in one trucking sector improved in February over the past year, but declined from the month before.
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The average flatbed rate on the spot market picked up a little more steam while rates in the other two sectors remained stable as both the number of loads to move and truck capacity increased.
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The freight-matching service provider DAT Solutions reports the biggest increase on its network of load boards was in the van segment.
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Some economic indicators have not bounced back as well as others in the recovery from the Great Recession, but trucking is doing well, and a capacity crunch leads economic expert John Larkin to project truckload rates will rise this year.
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Rates on the spot freight market increased in all three major categories for the first time in weeks, according to the freight matching service provider DAT Solutions.
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Linehaul rates in the truckload sector posted a significant gain last month, according to newly released figures, while a separate report shows a drop in intermodal rates for the first time in more than a year.
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Rates on the spot freight market appear to have stabilized following three straight weeks of declines with a hike in one sector, according to the freight matching service provider DAT Solutions.
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The amount of freight available to haul declined 4.5% the second week of February compared to the week before while capacity increased 10%, causing rates to slide in the major equipment categories for the third straight week.
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