• ITVI.USA
    9,157.620
    -27.560
    -0.3%
  • OTRI.USA
    2.590
    -0.020
    -0.8%
  • OTVI.USA
    9,162.320
    -26.570
    -0.3%
  • TLT.USA
    2.670
    -0.010
    -0.4%
  • TSTOPVRPM.DALLAX
    1.230
    -0.070
    -5.4%
  • TSTOPVRPM.PHLCHI
    1.100
    -0.030
    -2.7%
  • TSTOPVRPM.CHIATL
    1.290
    -0.060
    -4.4%
  • TSTOPVRPM.LAXSEA
    1.700
    0.130
    8.3%
  • TSTOPVRPM.ATLPHL
    1.520
    0.060
    4.1%
  • TSTOPVRPM.LAXDAL
    1.120
    -0.030
    -2.6%
  • WAIT.USA
    139.000
    -12.000
    -7.9%
  • ITVI.USA
    9,157.620
    -27.560
    -0.3%
  • OTRI.USA
    2.590
    -0.020
    -0.8%
  • OTVI.USA
    9,162.320
    -26.570
    -0.3%
  • TLT.USA
    2.670
    -0.010
    -0.4%
  • TSTOPVRPM.DALLAX
    1.230
    -0.070
    -5.4%
  • TSTOPVRPM.PHLCHI
    1.100
    -0.030
    -2.7%
  • TSTOPVRPM.CHIATL
    1.290
    -0.060
    -4.4%
  • TSTOPVRPM.LAXSEA
    1.700
    0.130
    8.3%
  • TSTOPVRPM.ATLPHL
    1.520
    0.060
    4.1%
  • TSTOPVRPM.LAXDAL
    1.120
    -0.030
    -2.6%
  • WAIT.USA
    139.000
    -12.000
    -7.9%
EconomicsNews

DAT report: flatbeds on fire

 Source: ShutterStock
Source: ShutterStock

A rate of $2.14 remained in place for the second consecutive week in the DAT spot market freight trends report on national vans. Reefer rates were steady; flatbed rates were not. 

  • The biggest change in the DAT report for the week ended March 10 is that flatbed rates jumped 11 cts, to $2.50. The load-to-truck ratio for flatbeds was at a record high of almost 90-1 last week. “Flatbed load posts increased 10%, and truck posts declined 1%,” DAT said in its online commentary accompanying the release of the data. “That pushed the load-to-truck ratio 11% higher, from 79.9 to 88.5 loads per truck.” That’s the highest number DAT has recorded for flatbeds.
  • It wasn’t just a fluke week. DAT said that for February, flatbed load posts were up 17%, but truck posts were down 2%. That led to a monthly average rate of 66.5 loads per truck, and that’s up 150% from February of last year.
  • The national average van rate held at $2.14. Reefer rates also held steady, at $2.40. The load-to-truck ratio for vans dropped to 6.8. For reefer rates, it dropped to 10.5
  • Specific cities for van rates were mostly unchanged. Los Angeles ($2.14), Dallas ($1.89), Chicago ($2.67), Atlanta ($2.40) were all status quo. Philadelphia was up 10 cts to $2.18, reversing a 10 cts drop a week earlier. 
  • For February as a whole, the national average van rate was down 11 cts from January, which DAT said was a record high. The rate was still 51 cts above February 2017.
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