Overview
- Last week, market rates fell 2.2% to $3.20. Compared to last year, rates are up 38.2%.
- Flatbed rates fell the most in a comparable week since at least 2008. Rates declined 2.3% to $3.34.
- Van rates declined 2.6% to $2.62. Dry van spot rates have fallen by a larger degree in a comparable week only once before.
- For week 32 in the spot market, 3 of the 4 key market indicators decreased.
- The overall Market Demand Index (MDI) fell 7.0 points to 127.9 as load availability decreased 2.8% and truck availability rose 2.6%.
- Compared to last year, the MDI is up 46.2 points, or 56.7%.
- National fuel prices remained at $5.31 per gallon from the previous week.
- Last week, market rates fell 2.2% to $3.20. Compared to last year, rates are up 38.2%.
- Refrigerated rates fell 0.8% to $3.30, and Specialized rates fell 1.5% to $3.26.
- Compared to last year, Van rates are up 36.1%, Refrigerated rates are up 37.3%, Flatbed rates are up 41.1%, and Specialized rates are up 30.2%.