The expected seasonal decline from October to November was just 2.3 percent, significantly less than the 16 percent average over the past five years, a further indication of spot market freight strength going into the holidays.
TransCore also reported improving spot market rates, confirming November's robust volume. The national average line-haul rates for refrigerated ('reefer') and flatbed trucks rose by $0.01 (0.7 percent) on the spot market month-over-month while van rates remained stable, according to the TransCore Truckload Rate Index. Spot market rates are the rates that brokers and third-party logistics (3PL) companies pay to the carrier.