September freight up 22% over last year; spot freight volume down 5.3% over August
“This year, third-quarter volume was up 13 percent compared to the same period in 2012,” the reported said, noting that weather earlier in the year postponed agricultural and construction seasons and related freight movements, boosting third-quarter volumes.
The Trucker News Services
PORTLAND, Ore. — Although summer freight was strong and steady, states a DAT North American Freight Index report, “spot market truckload freight volume showed a seasonal decline, dipping 5.3 percent in September compared to August.”
Seen on a year-over-year basis, however, the Index was up 22 percent — the highest level recorded for the month of September since the Index was established in 1996.
Third-quarter freight normally starts to drop about July, followed by mixed trends in August and September, the DAT report noted. “This year, third-quarter volume was up 13 percent compared to the same period in 2012,” the reported said, noting that weather earlier in the year postponed agricultural and construction seasons and related freight movements, boosting third-quarter volumes.
Month-over-month, load availability declined 1.6 percent for vans and 4.6 percent for flatbeds in September but increased 1.1 percent for refrigerated freight. Van rates rose 0.7 percent and reefer rates were up 1.9 percent while flatbed rates declined 8.1 percent compared with August.
Year-over-year, van freight volumes rose 12 percent, flatbed loads increased 43 percent and reefer freight was up 30 percent. Van rates went up a modest 0.7 percent and reefer rates gained 1.9 percent while flatbed rates decreased 8.1 percent compared with August.
So far this year, freight volume is 1.8 percent higher than in 2012.
Rates are cited for line-haul only and exclude fuel surcharges, which rose in September on a month-over-month basis but declined compared with September of last year.
The Trucker staff can be reached to comment on this article at firstname.lastname@example.org.
Find more news and analysis from The Trucker, and share your thoughts, on Facebook.