Demand for capacity on the spot truckload market was stable for the week ending Dec. 19, slipping just 1.9 percent compared to the previous week, according to DAT Solutions, which operates the DAT network of load boards.
In the van market, the number of posted loads fell 5 percent while available capacity was up 1 percent. The resulting load-to-truck ratio fell 6 percent to 1.6 loads per truck, meaning there were 1.6 van loads for every truck posted on the DAT network. The national average van rate fell 1 cent to $1.71 per mile.
The number of posted reefer loads increased 2 percent while truck posts declined 3 percent, for a 3.6 load-per-truck ratio as a national average. The national average reefer rate continued to slip, losing a penny to $1.93 per mile.
Flatbed load posts were down 2 percent and truck capacity declined 1 percent, leaving the national flatbed load-to-truck ratio unchanged at 6.8. The national average flatbed rate edged up 1 cent to $1.92 per mile.
The average price of diesel continued to fall, plunging 6 cents to $2.28 per gallon.
Rates are derived from DAT® RateView, which provides real-time reports on prevailing spot market and contract rates, as well as historical rate and capacity trends. All reported rates include fuel surcharges.
Load-to-truck ratios represent the number of loads posted for every truck available on DAT load boards. The load-to-truck ratio is a sensitive, real-time indicator of the balance between spot market demand and capacity. Changes in the ratio often signal impending changes in rates.
For complete national and regional reports on spot rates and demand, visit dat.com/Trendlines. DAT Trendlines is a weekly report on spot market freight availability, truck capacity, and rates.