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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

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.

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