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Spot rates rise as number of available trucks drops

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Spot rates rise as number of available trucks drops
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
The Trucker News Staff

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The Trucker News Staff produces engaging content for not only TheTrucker.com, but also The Trucker Newspaper, which has been serving the trucking industry for more than 30 years. With a focus on drivers, the Trucker News Staff aims to provide relevant, objective content pertaining to the trucking segment of the transportation industry. The Trucker News Staff is based in Little Rock, Arkansas.
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2 Comments

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.

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Clark Transfer