Spot market capacity in the trucking industry rose 34 percent last week compared to the week prior, as fuel prices fell 0.2 percent during the same time frame, according to DAT.
The average spot market pricing for van, flatbed and refrigerated transportation all fell, with flatbed pricing leading the way with a 5.5-percent drop to $1.66. Van rates were down 2.1 percent to $1.36, and reefer rates decreased 1.8 percent to $1.61. The average prices exclude fuel surcharges, which averaged $0.49 for van activity.
Contract rates for van ended the week at $1.56, while flatbed rates came out to an average of $1.83, and reefer prices stood at $1.70.
U.S. truck spot prices down
