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In trucking, a spot rate is the cost of quickly moving specific freight or a load. Spot rates are the short-term counterparts of longer-term contract rates.
Average spot and contract van rates were virtually equal in February, but the gap between spot and contract van rates reached an all-time high in November: 69 cents, according to DAT.
The rate averaged $2.37 a mile in September 2020. At $3.25 per mile, the national average spot reefer rate was up 10 cents compared to August and was 68 cents higher year over year.
Spot prices to move truckload freight continued their months-long slide in August, despite stronger load volumes, according to DAT Freight & Analytics. The national average rate to move dry and ...
FTR expects spot rates to increase 5.5% to 6% in 2025, though this forecast is also down from a September prediction of 6.5% to 7.5%. “The growth rate is not especially robust,” Vise said, but ...
Spot reefer: $2.41 a mile, up 9 cents Spot flatbed: $2.52 a mile, unchanged Line-haul rates, which subtract an amount equal to an average fuel surcharge, increased for all three equipment types.
While spot rates increased, rates declined for freight moving under longer-term contracts. The average shipper-to-broker van rate slipped 8 cents in December to $2.96 a mile, unchanged compared to ...
LONDON – Spot ocean container rates fell this week, marking their fifth consecutive weekly drop since they began to soar in early May, according to container rate tracker Drewry. Spot rates fell 3% ...
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