Freight Volumes in Spot Market up Slightly in June

The 2.2 percent increase didn’t meet the 10 percent average of the same period in eight of the past ten years.

Spot market freight volumes reported by the DAT North American Freight Index rose 2.2 percent in June, compared to May. The month-over-month increase fell slightly short of seasonal norms. While freight volume increased from May to June in eight of the past ten years, the average increase was 10 percent.

Freight availability rose 1.8 percent in June for both vans and flatbeds compared to May, but only 0.6 percent for refrigerated ("reefer") trailers. Compared to the record volume of June 2012, however, freight availability declined 9.5 percent. Volume dropped 9.5 percent for vans and 6.8 percent for flatbeds, but reefer load availability rose 3.9 percent, year over year.

Spot market rates rose 4.5 percent for vans in June compared to May, flatbed rates edged up 0.6 percent and reefer rates rose 6.0 percent. On a year-over-year basis, van rates declined 2.1 percent and flatbeds dropped 8.3 percent from the extremely high pricing levels of June 2012 in that segment. Reefer rates rose only 0.6 percent in June, compared to June 2012.

 

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish