Spot rates rise as number of available trucks drops

Truck at loading dock
Spot rates rose the week of May 11-17, according to information released by DAT.

According to information released by DAT on May 19, spot market metrics continued their upward trend the week of May 11-17, with ratios on the DAT One network climbing in response to seasonal demand.

As some states attempt to return to normal life and produce enters supply chains, the increased demand brings some relief for carriers that have struggled with low rates during the COVID-19 crisis. For the latest freight forecasts in response to COVID-19, visit DAT.com/COVID-19. For more info on lane rates, check out the Rate Trend of the Week on the DAT blog.

The charts below show the national average rates for the month to date, including fuel surcharges.

 Dry Van May 11-17
DAT Dry Van Rates May 11 17
Flatbed May 11-17
Flatbed Rates May 11-17
Reefer May 11-17
Reefer Rates May 11-17

Original Source: https://www.thetrucker.com/trucking-news/business/spot-rates-rise-as-number-of-available-trucks-drops/

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