Total load activity declined 3.6%. Total volume was nearly 11% higher than it was during the same 2024 week but almost 20% below the five-year average. Total truck postings increased 4.4%, and the Market Demand Index – the ratio of load postings to truck postings in the system – fell to its lowest level in three weeks.
The total market broker-posted spot rate fell a little more than 4 cents for a second straight week. Total rates were about 1% below the same 2024 week and nearly 10% below the five-year average. With current diesel prices very close to where they were a year ago, the y/y change in rates excluding a calculated fuel surcharge was not significantly different than that for the all-in rate.
Dry van spot rates decreased by about 4 cents after declining by just over 4 cents during the previous week. Rates were nearly 2% below the same 2024 week and almost 13% below the five-year average. Dry van loads declined 5%. Volume was more than 1% below the same week last year and nearly 31% below the five-year average.
Refrigerated spot rates declined by 2.6 cents after falling 4 cents in the prior week. Rates were in line with prior-year levels at just 0.3% below the same 2024 week. As was the case in the previous week, refrigerated rates were about 8% below the five-year average for the week. Refrigerated loads decreased 6.5%. Load volume was 13.5% below the same week last year and about close to 37% below the five-year average.
Flatbed spot rates fell about 5 cents after declining about 4 cents in the previous week. Rates were 2% below the same 2024 week – the largest negative comparison since February – and close to 11% below the five-year average. Flatbed loads declined 3.1%. Load volume was almost 24% above the same 2024 week but about 13% below the five-year average.