
Post-holiday normalization in the spot market continued in the latest week. Broker-posted spot rates in the Truckstop.com system for dry van and refrigerated van equipment both fell during the week ended January 16 (week 2) by considerably more than they did in the previous week and by more than they typically do in comparable weeks. Flatbed spot rates were the highest since mid-year. Van spot rates usually continue falling in week 3, although weather can be disruptive as was the case in 2024’s week 3.

With holiday capacity shortfalls over, broker-posted spot rates in the Truckstop.com system for dry van and refrigerated equipment fell sharply as expected during the week ended January 9 (week 1). Flatbed spot rates increased modestly – similar to post-holiday performance in recent years – and were at their highest level since July. Spot load volume surged following the New Year’s Day holiday. During the current week (week 2), van spot rates always fall while flatbed spot rates almost always rise.

As expected, broker-posted spot rates in the Truckstop.com system rose during the week ended January 2 (week 52 of 2025), resulting in the highest rates for dry van and refrigerated equipment in several years. Refrigerated spot rates posted a large week-over-week gain and were the highest since February 2022. Dry van spot rates increased only modestly but once again were at their highest level since the beginning of 2023. Barring weather disruptions, van spot rates likely will decline in early January.

Broker-posted spot rates in the Truckstop.com system were mixed by equipment type during the week ended December 26 (week 51), but refrigerated and dry van posted healthy gains as is typical for late December. Refrigerated spot rates rose by the most in two years except for this year’s International Roadcheck week in May. The dry van spot rate increase was in a typical range for late December in recent years. Spot rates for both were at their highest levels since the beginning of January 2023.
Updated weekly on Tuesday, FTR's Avery Vise analyzes Truckstop data and more.
Truckstop's Brent Hutto dishes on spot market activity and other hot topics.