---
title: Spot Market Insights from FTR & Truckstop.com - week of June 10, 2024
description: Total broker-posted spot rates in the Truckstop system barely changed for a second straight week during the week ended June 7 (week 23).
---

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# **Total spot rates barely move for another week**

Total broker-posted spot rates in the Truckstop system barely changed for a second straight week during the week ended June 7 (week 23). Flatbed spot rates increased for the fourth straight week – the first such streak since January – but dry van and refrigerated spot rates were down from the previous week. Load postings rose sharply after a drop during Memorial Day week. The week-over-week moves in rates and volume were roughly in line with seasonal expectations for each equipment type.

 

![Total loads_061024](https://freight.ftrintel.com/hs-fs/hubfs/SMI%20-%20Spot%20market/06.10.2024/Total%20loads_061024.png?width=474&height=271&name=Total%20loads_061024.png)

 

Total load activity rose 14.2% after falling 17% during the holiday week. Total volume was more than 1% below the same 2023 week and about 30% below the five-year average for the week. Total truck postings rose 4% during the holiday week, and the Market Demand Index – the ratio of load postings to truck postings in the system – increased.

 

 

 

 

![Total rates_061024](https://freight.ftrintel.com/hs-fs/hubfs/SMI%20-%20Spot%20market/06.10.2024/Total%20rates_061024.png?width=474&height=271&name=Total%20rates_061024.png)

 

The total broker-posted rate ticked up two-tenths of a cent, reversing a decline of the same scope during the previous week. Rates were about 4.5% below the same 2023 week and nearly 8% below the five-year average for the week. The total market rate was marginally closer to the prior-year level than it has been over the last four weeks, but the comparison with the five-year average was the most negative since the beginning of this year. 

 

 

 

![Dry van rates_061024](https://freight.ftrintel.com/hs-fs/hubfs/SMI%20-%20Spot%20market/06.10.2024/Dry%20van%20rates_061024.png?width=474&height=271&name=Dry%20van%20rates_061024.png)

 

Dry van spot rates declined by 2.5 cents after holding nearly flat during the prior week. Rates were nearly 2% below the same 2023 week and more than 10% below the five-year average. Dry van loads increased 8.5% after falling nearly 14% during the holiday week. Volume was just under 1% below the same 2023 week and nearly 27% below the five-year average for the week.

 

 

 

 

![Refrigerated rates_061024](https://freight.ftrintel.com/hs-fs/hubfs/SMI%20-%20Spot%20market/06.10.2024/Refrigerated%20rates_061024.png?width=474&height=271&name=Refrigerated%20rates_061024.png)

 

Refrigerated spot rates decreased about 4 cents after falling about 11 cents in the previous week. Rates were nearly 3% below the same 2023 week – the weakest y/y comparison since week 12 – and almost 8% below the five-year average for the week. Refrigerated loads rose 12.6% after falling nearly 19% during the holiday week. Volume was more than 4% below the same 2023 week and nearly 31% below the five-year average for the week.

 

 

 

![Flatbed rates_061024](https://freight.ftrintel.com/hs-fs/hubfs/SMI%20-%20Spot%20market/06.10.2024/Flatbed%20rates_061024.png?width=474&height=271&name=Flatbed%20rates_061024.png)

 

Flatbed spot rates rose more than 1 cent after gaining about the same amount during the prior week. Rates were almost 5% below the same 2023 week and more than 7% below the five-year average for the week. Flatbed loads jumped 18% after falling nearly 20% during the holiday week. Volume was about a little more than 1% below the same week last year and more than 34% below the five-year average for the week.

 

---

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