August 11 |
Van spot rates mixed in the latest week |
For the first time in eight weeks, broker-posted spot rates in the Truckstop.com system for dry van and refrigerated equipment moved in opposite directions during the week ended August 8 (week 31). Refrigerated spot rates posted a modest increase for a second straight week while dry van rates declined after rising for the first time in four weeks during the previous week. Flatbed spot rates declined marginally. Spot rates continue to move largely according to seasonal expectations.
August 4 |
Van spot rates end post-holiday slide |
Broker-posted spot rates in the Truckstop.com system for dry van and refrigerated equipment increased for the first time in four weeks during the week ended August 1 (week 30), although the gains in both cases were small. Flatbed spot rates declined for the fourth straight week, but the decrease in the latest week was marginal. The moves for all three equipment types were in line with seasonal expectations for the beginning of August as van rates tend to stabilize while flatbed rates continue to fade.
July 28 |
Spot rates fall again for all equipment types |
Spot rates complied with seasonal expectations in the latest week as late July reliably means falling rates. Broker-posted spot rates in the Truckstop.com system declined for all equipment types during the week ended July 25 (week 29). Dry van spot rates have erased almost all the gains from the two-week spike in late June and early July. Refrigerated spot rates are still more than 5 cents higher than they were before their mid-year surge. Flatbed spot rates were the lowest since February.
July 21 |
Spot rates fall as seasonally expected |
Broker-posted spot rates in the Truckstop.com system fell for all equipment types during the week ended July 18 (week 28) as is typical for mid-July. After two weeks of declines, dry van spot rates have essentially erased the spike that occurred during the week that included the Independence Day holiday. Refrigerated spot rates fell further after more than offsetting the July 4th week gain during the previous week. Flatbed spot rates decreased to their lowest level since early March.
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