Mike
Well-Known Member
Spot rates on DAT MembersEdge continued to buck the trends for late July as shippers and freight brokers look to the spot market for to help them work through supply chain imbalances.
The number of van, reefer, and flatbed loads on the MembersEdge fell 3% during the week ending July 26 while the number of trucks posted increased 2%.
Yet national average rates for all three equipment types were tracking well ahead of seasonal expectations through last week. The national average line-haul van rate (excluding fuel surcharges) hit $1.88 per mile last week, equal to the same week in 2018 when capacity was considerably tighter. The number of load posts was roughly 30% higher year over year.
The number of van, reefer, and flatbed loads on the MembersEdge fell 3% during the week ending July 26 while the number of trucks posted increased 2%.
Yet national average rates for all three equipment types were tracking well ahead of seasonal expectations through last week. The national average line-haul van rate (excluding fuel surcharges) hit $1.88 per mile last week, equal to the same week in 2018 when capacity was considerably tighter. The number of load posts was roughly 30% higher year over year.
National average spot rates, July
- Van: $2.03 per mile, up 22 cents compared to June.
- Flatbed: $2.19 per mile, up 12 cents.
- Reefer: $2.29 per mile, up 14 cents.
Spot rates stay unseasonably warm, DAT reports
Spot rates are strong as freight brokers sort out supply chain imbalances, reports DAT Solutions. Retail, imports and DIY home construction business is up.
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