After a 17% jump the previous week, spot truckload freight volume increased a modest 1.3% during the week ending March 11, according to DAT Solutions, which operates the DAT network of load boards.
Truckload rates and load-to-truck ratios generally maintained their levels for all three equipment types. The national average van rate fell 3 cents to $1.63/mile while the refrigerated rate slipped 1 cent to $1.87/mile. The flatbed rate also dipped 1 cent, to $2.01/mile, after a 6-cent gain the previous week.
Load-to-truck ratios held firm:
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Van ratio: 2.8 loads per truck, down 2%
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Reefer ratio: 5.8, up 1%
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Flatbed ratio: 35.8, up 4%
REEFER TRENDS
While weather has upended planting and harvest schedules in California and elsewhere, one reefer market in particular has stayed hot: Texas, home to three of the top five markets for reefer load posts last week. McAllen was No. 2 behind Atlanta and had some sizzling rate increases, including outbound to Atlanta (up 24 cents to an average of $2.12/mile), Elizabeth, N.J. (up 18 cents to $2.09/mile), and Chicago (gaining 16 cents to $1.97/mile).
Houston was the nation’s No. 3 reefer market, followed by Elizabeth and Dallas at No. 5.
VAN TRENDS