Total load postings fell 17.2%, which is similar to declines typically seen during Labor Day holiday weeks. Volume was about 41% below the same 2021 week and nearly 4% below the five-year average for the week. Load postings were down in all regions. Truck postings fell 14.5%, and the Market Demand Index – the ratio of loads to trucks in the Truckstop.com system – eased to its lowest level since week 33.
The total broker-posted rate in the system eased 1 cent. The broker-posted rate was nearly 13% below the same 2021 week but nearly 11% above the five-year average. However, FTR estimates that excluding an imputed fuel surcharge, rates were nearly 26% below the same week last year.
Dry van spot rates declined by two-tenths of a cent after two weeks of increases. Rates were nearly 22% lower than the same 2021 week but 0.6% higher than the five-year average for the week. However, dry van rates were about 37% lower than the same 2021 week if an imputed fuel surcharge is excluded. Dry van load postings fell nearly 12%. Volume was about 42% below the level posted in the same 2021 week and about 3% below the five-year average for the week.
Refrigerated spot rates increased 1.2 cents after rising about 12 cents in the prior week. Rates were about 22% below the same 2021 week but more than 4% above the five-year average for the week. Rates excluding fuel surcharges were 34% below the same week last year. Refrigerated load postings fell 11.6%. Volume was about 38% below the same 2021 week but nearly 12% above the five-year average for the week.
Flatbed spot rates eased by a tenth of a cent. Rates were 5.7% below the same 2021 week, but they were still nearly 18% above the five-year average for the week. Excluding an imputed surcharge, flatbed rates were about 18% below the same week last year. Flatbed load postings fell 23.3%. Volume was about 48% below the same 2021 week and about 18% below the five-year average for the week.