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DAT: Spot capacity tightens further in latest week

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DAT: Spot capacity tightens further in latest week
DAT Freight & Analytics latest data shows further tightening of spot capacity.

BEAVERTON, Ore. —Total load posts on DAT One fell to 3.31 million last week, down 7% from the prior week, with demand softening across all three equipment types.

“The supply side of the market tightened, with equipment posts down 4% to 221,154 as carriers trimmed capacity alongside the volume drop,” DAT said. “National 7-day average broker-to-carrier spot van and reefer rates moved lower, while the flatbed rate reflected solid demand for trucks.”

â–¼ Dry van: $2.35 per mile, down 2 cents week over week
â–¼ Refrigerated: $2.72 per mile, down 4 cents
â–² Flatbed: $2.98 per mile, up 3 cents

Van: Loads and Trucks Both Retreated

â–¼ Van loads: 1,194,862, down 7% week over week
â–¼ Van equipment: 160,825, down 4%
â–¼ Linehaul rate: $1.99 per mile, down 2 cents week over week
â–¼ Load-to-truck ratio: 7.4, down from 7.6 the prior week

According to Dean Croke, industry analyst, DAT Freight & Analytics, lower fuel prices pulled van rates down.

“Last week’s national average dry van linehaul spot rate dipped 2 cents to $1.99 per mile, influenced by a 25-cent drop in the national average retail diesel price to $5.56 a gallon,” Croke said.

Reefer: Load Posts Declined Sharply

â–¼ Reefer loads: 498,788, down 10% week over week
â–¼ Reefer equipment: 38,844, down 5%
â–¼ Linehaul rate: $2.35 per mile, down 4 cents
â–¼ Load-to-truck ratio: 12.8, down from 13.4

Croke also noted that reefer equipment posts hit a 10-year low.

“The national average reefer rate fell by 4 cents last week to $2.35 per mile,” Croke said. “That’s 45 cents above this time last year. Reefer load posts remain strong relative to last year, exceeding figures for the same period by over 35%. Equipment posts also saw a 5% decline last week, reaching their lowest level for week 16 in 10 years, reflecting a broader tightening of truckload capacity.”

Flatbed: Rates Keep Climbing

â–¼ Flatbed loads: 1,616,113, down 7% week over week
— Flatbed equipment: 21,485, roughly flat
â–² Linehaul rate: $2.61 per mile, up 3 cents
â–¼ Load-to-truck ratio: 75.2, down from 81.0

“Defying the cooling trend in other sectors, the average flatbed spot rate increased for the fifth straight week and was just 3 cents per mile lower than the week 16 record in 2021,” Croke said.

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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