Total load activity increased 5.5% after falling more than 10% in the previous week. Total volume was more than 25% higher than it was during same 2024 week but about 14% below the five-year average. In a highly unusual situation, total truck postings essentially matched the increase in loads, and the Market Demand Index – the ratio of load postings to truck postings in the system – barely changed.
The total market broker-posted spot rate was unchanged after barely budging during the previous week. Total rates were 1.4% higher than during the same 2024 week but were 7.5 % below the five-year average.
Dry van spot rates increased about 2 cents after declining by more than 1 cent in the prior week. Rates were 0.5% higher than in the same 2024 week but nearly 12% below the five-year average. Dry van loads increased 3.2%. Volume was 10.5% higher than in the same week last year but nearly 31% below the five-year average.
Refrigerated spot rates increased 3.7 cents after rising by about 2 cents in each of the previous two weeks. Rates were more than 2% higher than during the same 2024 week but about 8% below the five-year average for the week. Refrigerated loads increased 4.4%. Load volume was about 10% below the same week last year and more than 37% below the five-year average.
Flatbed spot rates dipped a tenth of a cent. Although rates technically have been down for six consecutive weeks, the cumulative decrease in the past three weeks has been just over half a cent. Rates were nearly 1% above the same 2024 week but 7.5% below the five-year average. Flatbed loads rose 5.4%. Load volume was about 50% above the same 2024 week but about 1% below the five-year average.