Rolling 4-Week Archives
Dry van spot rates rise sharply during Thanksgiving week
Although broker-posted spot rates in the Truckstop.com system declined for refrigerated equipment and barely moved in flatbed during Thanksgiving week, dry van spot rates powered the overall market rate to its strongest increase in eight weeks. Dry van spot rates posted their strongest gain since mid-year during the week ended November 28 (week 47). The moves were typical for Thanksgiving weeks, which generally see strong dry van increases, declines in refrigerated, and little change in flatbed.
Spot rates rise heading into Thanksgiving week
Broker-posted spot rates in the Truckstop.com system increased for the three principal equipment types during the week ended November 21 (week 46). Spot rates continue to move seasonally, although comparisons with 2024 will be less reliable for a couple of weeks due to calendar distortions. Dry van spot rates rose to their highest level since July while refrigerated spot rates were the strongest since the week before Labor Day. Flatbed spot rates increased for the first time in four weeks.
Spot rates continue to move seasonally
Broker-posted spot rates in the Truckstop.com system performed roughly as expected during the week ended November 14 (week 45). Refrigerated spot rates rose modestly as they do virtually every year during comparable weeks, and flatbed spot rates fell as they almost always do. Dry van spot rates increased marginally, which technically contrasts with recent years, but until 2020 they always rose in comparable weeks. Prior-year comparisons will become less reliable for a few weeks due to calendar distortions.
Van spot rates rise as expected in the latest week
Total broker-posted spot rates in the Truckstop.com system barely moved during the week ended November 7 (week 44), but rates for both refrigerated and dry van equipment rose as they typically do in the run-up to Thanksgiving and Black Friday/Cyber Monday. Dry van spot rates were up for the first time in three weeks. Refrigerated rates returned to their upward trend after a one-week decrease. Flatbed spot rates declined slightly in a week that typically sees a larger decrease in rates.
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