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DAT: Spot rates slip despite post-holiday bump

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DAT: Spot rates slip despite post-holiday bump
Latest data from DAT shows a decline in spot truckload rates.

BEAVERTON, Ore. — Despite a post-holiday bump in load and truck posts, spot truckload rates slipped last week

Load posts on DAT One rebounded after the holiday-shortened workweek, jumping 32% to 2.5 million loads during the week of July 6-12.

“That’s up 18% year over year,” DAT said. “The number of truck posts increased by 9% to 222,511. Despite higher load-to-truck ratios, national average van and reefer spot rates declined as load volumes approached a seasonal drop. Flatbed load posts surged to the highest week 28 total in three years.”

Broker-to-Carrier 7-Day Average Spot Rates

â–¼ Dry van: $2.06 per mile, down 1 cent week over week

â–¼ Refrigerated: $2.36 per mile, down 6 cents

— Flatbed: $2.47 per mile, unchanged

“At 1.17 million, the number of van load posts on DAT One was the highest since the week of May 11-17, when CVSA International Roadcheck occurred,” said Dean Croke, DAT iQ industry analyst. “The number of available reefer loads–614,849–was also the most since Roadcheck week.”

Dry van

â–² Van loads: 1.17 million, up 34% week over week

â–² Van equipment: 152,744, up 10%

â–¼ Linehaul rate: $1.69 net fuel, down 1 cent

â–² Loads per truck: 7.7, up from 6.3. 4-week average: 6.5, trending â–²

Reefer

â–² Reefer loads: 614,849, up 13% week over week

â–¼ Reefer equipment: 41,514, down 1%

â–¼ Linehaul rate: $2.00 net fuel, down 5 cents

â–² Loads per truck: 14.8, up from 13.2. 4-week average: 12.5, trending â–²

“The July 4 holiday marks the start of a slowdown in produce-hauling activity, and with it, lower spot reefer rates,” Croke said. “Although the national average reefer rate fell nearly 5 cents to $2.00 per mile, this year’s week 28 average was 2 cents higher than last year and nearly the same as 2023.”

Flatbed

â–² Flatbed loads: 792,281, up 47% week over week

â–¼ Flatbed equipment: 28,253, up 20%

— Linehaul rate: $2.10 net fuel, unchanged

â–² Loads per truck: 28.0, up from 22.8. 4-week average flatbed LTR: 24.9, trending â–²

“Houston led the nation in opportunities for flatbed haulers, with load posts increasing by 27% week over week,” Croke said. “The four busiest outbound flatbed lanes all originated in Houston.”

  • Houston-Lubbock: $2.50 per mile.
  • Houston-Fort Worth: $2.87 per mile.
  • Houston-El Paso: $2.40 per mile.
  • Houston-Dallas: $2.84 per mile
Dana Guthrie

Dana Guthrie is an award-winning journalist who has been featured in multiple newspapers, books and magazines across the globe. She is currently based in the Atlanta, Georgia, area.

Avatar for Dana Guthrie
Dana Guthrie is an award-winning journalist who has been featured in multiple newspapers, books and magazines across the globe. She is currently based in the Atlanta, Georgia, area.
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