Freight trends from DAT One and DAT iQ
Aug 21, 2024Spot loads on DAT One declined marginally; truck posts were down 5.5%
The number of loads posted on DAT One edged 1% lower to 1.67 million last week, which is 11% lower year over year. Truck posts fell 5.5% to 317,457. Compared to Week 33 in 2019 (pre-pandemic conditions), load posts were up 9% and truck posts were down 17%.
Dry Vans
▼ Van loads: 799,020, down 3.3% week over week (16% lower Y/O/Y)
▼ Van equipment: 208,792, down 5.4% (18% lower Y/O/Y)
▼ Linehaul rate: $1.62 net fuel, down 1 cent week over week
— Load-to-truck ratio: 3.8, unchanged
Reefers
▼ Reefer loads: 387,070, down 6.0% week over week (21% lower Y/O/Y)
▼ Reefer equipment: 63,102, down 4.7% (24% lower Y/O/Y)
— Linehaul rate: $1.97 net fuel, unchanged
▼ Load-to-truck ratio: 6.1, down from 6.2
Flatbeds
▲ Flatbed loads: 486,836, up 7.8% week over week (12% higher Y/O/Y)
▼ Flatbed equipment: 45,563, down 7.3% (24% lower Y/O/Y)
▼ Linehaul rate: $1.97 net fuel, down 2 cents
▲ Load-to-truck ratio: 10.7, up from 9.2
Market Notes from Dean Croke, DAT Principal Analyst:
- DAT One’s Top 50 van lanes (based on the number of loads moved) averaged $1.99 a mile, down 1 cent week over week but 37 cents higher than the national average.
- After a flat four weeks, reefer load posts sagged last week. The U.S. Dept. of Agriculture reported that truckload produce shipments were down 4% year over year. Weather played a role in the mid-Atlantic region, where the remnants of Hurricane Debby soaked Maryland and Delaware.
- After four weeks of declines, flatbed load post volumes reversed course and rose 8%. The market found sufficient capacity, however, resulting in another 2-cent decrease in the national average spot rate. The rate was 4 cents higher than the same week last year and 9 cents higher than in 2019.
- Next week is CVSA Brake Safety Week. From August 25-31, jurisdictions in North America will increase commercial vehicle and driver inspections with a focus on brake linings and pads.
| 29-Oct-23 | $1.54 | 3.3 | $1.89 | 5.9 | $1.83 | 8.8 | ||
| 5-Nov-23 | $1.53 | 2.6 | $1.92 | 5.2 | $1.82 | 7.1 | ||
| 12-Nov-23 | $1.54 | 2.9 | $1.95 | 5.4 | $1.81 | 7.4 | ||
| 19-Nov-23 | $1.59 | 2.5 | $1.95 | 3.2 | $1.82 | 5.5 | ||
| 26-Nov-23 | $1.64 | 5.6 | $1.93 | 6.5 | $1.86 | 10.8 | ||
| 3-Dec-23 | $1.63 | 3.4 | $1.90 | 4.0 | $1.85 | 7.9 | ||
| 10-Dec-23 | $1.62 | 3.0 | $1.89 | 3.7 | $1.84 | 8.2 | ||
| 17-Dec-23 | $1.67 | 3.3 | $1.98 | 5.0 | $1.92 | 8.1 | ||
| 24-Dec-23 | $1.72 | 4.1 | $2.18 | 9.6 | $1.94 | 8.2 | ||
| 31-Dec-23 | $1.70 | 5.4 | $2.10 | 9.4 | $1.92 | 14.2 | ||
| 7-Jan-24 | $1.68 | 4.1 | $2.06 | 7.0 | $1.94 | 13.2 | ||
| 14-Jan-24 | $1.72 | 5.1 | $2.13 | 9.6 | $1.96 | 12.9 | ||
| 21-Jan-24 | $1.72 | 4.7 | $2.09 | 7.3 | $1.97 | 13.0 | ||
| 28-Jan-24 | $1.70 | 3.9 | $2.04 | 6.2 | $1.97 | 12.7 | ||
| 4-Feb-24 | $1.64 | 2.9 | $1.98 | 4.8 | $1.95 | 12.5 | ||
| 11-Feb-24 | $1.59 | 2.8 | $1.92 | 4.6 | $1.93 | 13.7 | ||
| 18-Feb-24 | $1.56 | 2.5 | $1.87 | 3.9 | $1.91 | 13.6 | ||
| 25-Feb-24 | $1.55 | 3.0 | $1.85 | 4.3 | $1.92 | 16.0 | ||
| 3-Mar-24 | $1.55 | 2.9 | $1.86 | 4.7 | $1.92 | 17.4 | ||
| 10-Mar-24 | $1.54 | 3.2 | $1.87 | 5.0 | $1.93 | 17.9 | ||
| 17-Mar-24 | $1.54 | 3.3 | $1.85 | 5.0 | $1.97 | 19.7 | ||
| 24-Mar-24 | $1.55 | 3.9 | $1.86 | 5.3 | $1.98 | 21.3 | ||
| 31-Mar-24 | $1.54 | 3.5 | $1.83 | 4.5 | $1.97 | 21.1 | ||
| 7-Apr-24 | $1.53 | 4.0 | $1.82 | 5.1 | $1.97 | 19.7 | ||
| 14-Apr-24 | $1.52 | 3.2 | $1.81 | 4.4 | $1.97 | 17.4 | ||
| 21-Apr-24 | $1.51 | 3.2 | $1.83 | 4.6 | $1.96 | 15.8 | ||
| 28-Apr-24 | $1.53 | 3.7 | $1.88 | 5.5 | $1.97 | 17.6 | ||
| 5-May-24 | $1.55 | 3.6 | $1.90 | 5.2 | $1.99 | 16.5 | ||
| 12-May-24 | $1.61 | 4.9 | $1.96 | 7.9 | $2.03 | 19.4 | ||
| 19-May-24 | $1.65 | 4.6 | $1.98 | 6.4 | $2.07 | 17.6 | ||
| 26-May-24 | $1.66 | 5.1 | $1.97 | 6.1 | $2.07 | 18.8 | ||
| 2-Jun-24 | $1.66 | 4.2 | $1.97 | 5.8 | $2.08 | 17.4 | ||
| 9-Jun-24 | $1.66 | 4.3 | $1.98 | 6.3 | $2.08 | 15.2 | ||
| 16-Jun-24 | $1.69 | 4.9 | $2.00 | 7.6 | $2.06 | 13.3 | ||
| 23-Jun-24 | $1.70 | 5.7 | $2.03 | 8.7 | $2.08 | 13.7 | ||
| 30-Jun-24 | $1.70 | 3.6 | $2.04 | 5.8 | $2.05 | 9.1 | ||
| 7-Jul-24 | $1.67 | 4.7 | $2.00 | 7.1 | $2.05 | 14.2 | ||
| 14-Jul-24 | $1.65 | 4.0 | $2.00 | 6.3 | $2.02 | 12.5 | ||
| 21-Jul-24 | $1.64 | 3.9 | $1.96 | 6.2 | $2.00 | 11.5 | ||
| 28-Jul-24 | $1.64 | 4.4 | $1.97 | 6.9 | $2.02 | 11.4 | ||
| 4-Aug-24 | $1.63 | 3.8 | $1.97 | 6.2 | $1.99 | 9.2 | ||
| 11-Aug-24 | $1.62 | 3.8 | $1.97 | 6.1 | $1.97 | 10.7 |
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Truckload freight trends from DAT One and DAT iQ
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