Spot rates rise as number of available trucks drops

199
Truck at loading dock
Spot rates rose the week of May 11-17, according to information released by DAT.

According to information released by DAT on May 19, spot market metrics continued their upward trend the week of May 11-17, with ratios on the DAT One network climbing in response to seasonal demand.

As some states attempt to return to normal life and produce enters supply chains, the increased demand brings some relief for carriers that have struggled with low rates during the COVID-19 crisis. For the latest freight forecasts in response to COVID-19, visit DAT.com/COVID-19. For more info on lane rates, check out the Rate Trend of the Week on the DAT blog.

The charts below show the national average rates for the month to date, including fuel surcharges.

 Dry Van May 11-17
DAT Dry Van Rates May 11 17
Flatbed May 11-17
Flatbed Rates May 11-17
Reefer May 11-17
Reefer Rates May 11-17

For over 30 years, the objective of The Trucker editorial team has been to produce content focused on truck drivers that is relevant, objective and engaging. After reading this article, feel free to leave a comment about this article or the topics covered in this article for the author or the other readers to enjoy. Let them know what you think! We always enjoy hearing from our readers.

2 COMMENTS

  1. It’s nice to see that the rates are becoming better for drivers are we’re starting to move on to a new normal. The rates during this crisis to logisitcally move shipments have been less than ideal, and these drivers shouldn’t have to be chasing pennies to help stock shelves.

COMMENT ON THIS ARTICLE

Please enter your comment!
Please enter your name here