Shipping and Logistics

September 8, 2020
Trucking Reports Higher Demand and Rates
Written by Sandy Williams
Spot rates continued to rise for all truck categories in September. Spot load posts were up 1.4 percent in the week ending Sept. 6 versus the last week of August, while spot truck posts increased 1.6 percent on the DAT Loadboards. Hurricane Laura-related disruptions added volumes to the market pushing up spot prices, especially for dry van freight. The average line haul rate of $2.22 per mile was the highest on record for dry vans, said DAT.
National flatbed rates ended August at $2.37 per mile compared to $2.07 in June. Volumes at the end of the month pushed the national flatbed load-to-truck ratio to 36.68, jumping from 28.26 in the week ending Aug. 16.


