Shipping and Logistics

December 8, 2020
Trucking Rates Show Signs of Easing
Written by Sandy Williams
Trucking spot rates are easing for the first time in nearly 220 days, says DAT Trendlines. Signs of lower rates were seen on some key lanes for all three trucking types—van, reefer and flatbed during the week ending Dec. 6.
“Despite load posts hitting a five-year record last week, increasing by 21 percent over the weekly average of the last eight weeks, rates headed south on some key lanes, which could be a sign supply is catching up to demand. The fact that overall volumes are down Y/Y and spot market volumes are up substantially is one of the features of the out-of-balance, pandemic-driven freight market,” said DAT.


