The pattern for almost all of 2025 so far continued as broker-posted spot market rates in the Truckstop system rose for flatbed equipment and decreased for van equipment during the week ended March 21 (week 11). Flatbed spot rates were the highest since June. Dry van rates were the lowest since September, and refrigerated rates were the lowest since June 2020. While dry van rates exceeded those in a few weeks during 2023 and 2024, they were only about 2 cents higher than they were in June 2020.

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Broker-posted spot market rates in the Truckstop system for flatbed equipment saw their sharpest increase since October – and otherwise the largest since the end of 2022 – during the week ended March 14 (week 10). Flatbed also continued to see strong volume growth, mostly due to activity in the Southeast region. Meanwhile, van spot rates continued to slide. Dry van spot rates declined to their lowest level since late September while refrigerated spot rates fell to their lowest level since June 2020.

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Broker-posted spot market rates in the Truckstop system for dry van and refrigerated equipment declined slightly during the week ended March 7 (week 9). The decrease in refrigerated spot rates was mostly in line with expectations for that week of the year, at least over the past five years. Dry van spot rates, however, have declined only three times during a comparable week dating back to at least 2008. Flatbed spot rates continued their steady climb and were at their highest level since July.

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Broker-posted spot market rates in the Truckstop system for dry van and refrigerated equipment returned to their downward trend during the week ended February 28 (week 8) after rising for the first time in six weeks during the prior week. Refrigerated spot rates fell their lowest level since April 2023. Dry van spot rates were at their second lowest level since October. Flatbed spot rates rose to their highest level since late July, and flatbed volume was the strongest since July 2022.

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