Spot market rates fall more than expected across all major truckload segments
Dry van, refrigerated, and flatbed rates dropped more than expected last week, according to weekly reports from FTR Transportation Intelligence and DAT Freight & Analytics.
Historical data shows that flatbed rates haven’t fallen this much in a comparable week since 2008. Meanwhile, refrigerated rates dropped for the first time in a few weeks. The total market broker-posted rate dropped over 7 cents last week, hitting its lowest level since early April.
