Transport Topics Online  
The Newspaper of Trucking and Freight Transportation
Welcome  Guest  Log In         
7/10/2014 11:35:00 AM Write a Letter to the Editor Write a letter to the Editor

Spot Freight Rates Rise to Record, DAT Reports


MoDOT/Flickr

Spot market freight activity declined in the holiday week ended July 5, but average dry van rates rose to an all-time high, according to the latest DAT Trendlines report.

National average van rates jumped 7 cents, or 3.4%, to a record $2.15 per mile, DAT reported July 10.

The monthly average van rate rose by 10 cents in June from May, matching the all-time high of $2.08 per mile set in March.

Load availability and truckload capacity were stable, as overall load board activity fell 21% due to the shortened workweek.

Refrigerated rates rose 7 cents per mile, to $2.49, and flatbed rates jumped 10 cents, to $2.54, as shippers rushed to close the fiscal quarter on a high note, DAT said.

By Transport Topics

Follow Transport Topics on Subscribe to get up to the minute news briefs and more from our feeds. RSS Twitter Twitter Facebook Facebook

© 2014, Transport Topics Publishing Group. All rights reserved.


  RELATED ARTICLES

 
LATEST NEWS



 
LATEST JOBS
Follow Us

Newsletters

TTExpress
This free daily newsletter delivers the latest headlines.

TT Executive Suite
This subscriber-only newsletter program tailors your news.

Services

Advertising

TFM

EMU
iTech
© American Trucking Associations, Inc., All Rights Reserved TTNews.com Privacy Statement