Photo: DAT Solutions
Fleetowner 38407 061919 Dat Hot Market Map Reefer 2019 June 16
Fleetowner 38407 061919 Dat Hot Market Map Reefer 2019 June 16
Fleetowner 38407 061919 Dat Hot Market Map Reefer 2019 June 16
Fleetowner 38407 061919 Dat Hot Market Map Reefer 2019 June 16
Fleetowner 38407 061919 Dat Hot Market Map Reefer 2019 June 16

Spot rates, volumes stay firm after Roadcheck

June 20, 2019
The number of truck posts on the spot truckload freight market jumped 14% during the week ending June 16.

The number of truck posts on the spot truckload freight market jumped 14% during the week ending June 16, said DAT Solutions, which operates the industry’s largest load board network. The increase is in line with expectations following CVSA International Roadcheck, the annual enforcement initiative, which tends to have a dampening effect on available capacity.

With the number of load posts down 10% last week, load-to-truck ratios declined for all three equipment types. Still, national average spot rates were above May averages, and van and refrigerated freight volumes were each up nearly 20% compared to the previous week.

National average spot rates through June 16:

  • Van: $1.90/mile, 11 cents higher than the May average
  • Reefer: $2.26/mile, 11 cents higher
  • Flatbed: $2.32/mile, 4 cents higher

Van trends: The national average van load-to-truck ratio dipped from 3.8 to 3.0 and rates were lower on 61 of the top 100 van lanes by volume. However, several major van markets including Los Angeles, Dallas, Atlanta, and Chicago were up significantly in terms of available loads.

Demand was strong in the Southeast and West. The average outbound van rate from Memphis was up 8 cents to $2.33/mile, as was Los Angeles at $2.31/mile.

Van lanes with gains:

  • Memphis to Columbus, up 24 cents to $2.23/mile
  • Stockton, Calif., to Portland, Ore., up 18 cents to $2.86/mile
  • Los Angeles to Seattle, up 15 cents to $2.72/mile
  • Charlotte to Buffalo, up 15 cents to $2.54/mile

It’s almost always good news when rates rise in both directions on lanes in the same region of the country, as they did on a handful of van lanes that connect Memphis, Charlotte, and Atlanta. Memphis to Charlotte paid $2.16/mile, up 6 cents, and Charlotte to Memphis paid $1.65, up 3 cents, for a roundtrip average of $1.91/mile. That’s up 9 cents compared to the previous week.

Even when rates dropped in one direction, the roundtrips improved over the previous week’s averages. Memphis to Atlanta went for $2.50, up 10 cents, but Atlanta to Memphis paid $1.86/mile, down 3 cents. The roundtrip average was $2.18, up 7 cents compared to the previous week.

Reefer trends: While the national average reefer load-to-truck ratio dropped from 6.4 to 4.5, volumes increased out of both California and Texas, signs that produce season is on. Average outbound reefer rates were higher in Sacramento ($2.76/mile), Ontario ($2.80/mile), and Fresno ($2.46/mile)—three of the top four California markets (Los Angeles fell 2 cents to $2.93/mile).

Freight volumes were up more than 40% out of Nogales, Ariz., on the Mexico border. The largest reefer lane-rate increase was Nogales to Dallas, up 49 cents to $3.36/mile.

DAT Trendlines is a weekly snapshot of month-to-date national average rates from DAT RateView, which provides real-time reports on spot market and contract rates, as well as historical rate and capacity trends. The RateView database is comprised of more than $60 billion in freight payments. DAT load boards average 1.2 million load posts searched per business day.

About the Author

Fleet Owner Staff

Our Editorial Team

Kevin Jones, Editorial Director, Commercial Vehicle Group

Cristina Commendatore, Executive Editor

Scott Achelpohl, Managing Editor 

Josh Fisher, Senior Editor

Catharine Conway, Digital Editor

Eric Van Egeren, Art Director

Sponsored Recommendations

Tackling the Tech Shortage: Lessons in Recruiting Talent and Reducing Turnover

Discover innovative strategies for recruiting and retaining tech talent in the trucking industry at our April 16th webinar, where experts will share insights on competitive pay...

Stop Sweating Temperature Excursions

Advanced chemical indicators give you the peace of mind that comes from reliable insights into your supply chains. Compromised shipments can be identified the moment they arrive...

Stop Sweating Temperature Excursions

Advanced chemical indicators give you the peace of mind that comes from reliable insights into your supply chains. Compromised shipments can be identified the moment they arrive...

How Electric Vehicles Help You Prolong the Life of Your Fleet

Before adopting electric vehicles for commercial/government fleets, prioritize cost inquiries. Maintenance is essential; understand the upkeep of EV fleets. Here’s what you need...

Voice your opinion!

To join the conversation, and become an exclusive member of FleetOwner, create an account today!