For the week ended July 7 freight rates reached record highs at the end of June, only to shoot even higher during the July 4th holiday week, DAT Trendlines reports.
The national average van rate rose to a new record of $2.45 per mile and the national reefer rate jumped to $2.77 per mile.
The national flatbed rate held steady at $2.82 per mile, but the flatbed load-to-truck ratio declined for the fourth week in a row. Load-to-truck ratios declined for vans and reefers, as well, due partly to holiday vacation schedules the DAT report said.
When compared to the previous week, spot market loads were down 32 percent; van load-to-truck ratios decreased 16 percent; spot van rates were up 5.6 percent and flatbed load-to-truck ratios were down 23 percent.
Spot flatbed rates, however, stayed the same, while refrigerated load-to-truck ratios were down 29 percent and reefer spot rates were up 3 percent.
Fuel costs were up six tenths of a cent for the week.
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