Rolling 4-Week Archives
Van spot rates were mixed in the latest week
Broker-posted spot rates in the Truckstop.com system rose week over week for both dry van and flatbed equipment during the week ended September 25 (week 38), but refrigerated van rates declined largely in line with seasonal expectations. The flatbed spot rate uptick also was seasonally expected, but the increase for dry van equipment was unusual for a comparable week. During the current week (week 39) dry van and flatbed spot rates almost always rise while refrigerated rates usually fall.
Van spot rates decline while flatbed rates rise
Broker-posted spot rates in the Truckstop.com system were mixed during the week ended September 18 (week 37) as flatbed spot rates rose sharply while dry van and refrigerated van rates weakened in line with seasonal expectations. Spot rate increases for comparable weeks are quite rare for all three principal equipment types, but the increase in flatbed rates was the largest in a corresponding week since at least 2008. Van spot rates almost always decline further during the current week (week 38).
Van spot rates rise modestly as fuel prices surge
Broker-posted spot rates in the Truckstop.com system for dry van and refrigerated equipment continued to move higher mostly seasonally during the week ended September 11 (week 36), but surging diesel prices basically wiped out the gains. Flatbed spot rates returned to their downward trend after rising during the previous week for the first time in 12 weeks. The next couple of weeks at least typically are soft for all equipment types, but the need for fuel cost recovery could raise the floor.
Spot rates rise sharply as seasonally expected
For the first time since May, broker-posted spot rates in the Truckstop.com system rose for all equipment types during the week ended September 4 (week 35). The total market rate, which has declined during most weeks of that period, also rose by the most since May. Spot rate gains are the norm for comparable weeks as the week heading into Labor Day often is the strongest week between the mid-year peak and around Thanksgiving. Among the week’s milestones is the first flatbed rate increase in 12 weeks.
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Truckstop's Brent Hutto dishes on spot market activity and other hot topics.