Truckload market recovery speeds up during holiday week

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Truck with dry van
Spot rates for dry van, refrigerated and flatbed shipments rebounded last week after significant drops in earlier weeks.

According to DAT trendlines, spot market recovery sped up the week of May 25-31. Large increases in load-to-truck ratios indicated higher demand for dry van, refrigerated and flatbed shipments. Truckload rates followed suit, rising on most lanes and gaining momentum as the industry heads into June, typically a peak month for the spot market.

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

 

Reefer
Reefer
Flatbed
Flatbed
Dry Van
Dry Van

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