In last week’s spot market, volumes rose while average rates fell – Notice Important Web

Volumes last week made up for the freight decline from the previous week. According to the reports of both firms, there has been a significant rise in load postings in DAT One and Truckstop across all equipment types.

DAT reported that the number of loads posted on DAT One increased by almost 66% to 2.13 million. This spike more than made up for the previous week’s 48% drop. The number of load posts was 6% higher than the same week last year.

The number of truck postings on DAT One also rose by 19% from the week of Independence Day to 327,847. This rise in truck postings did not totally make up for the previous week’s 21% decline.

According to DAT, dry van load postings rose a whopping 62.2% week over week to 1.01 million, while dry van truck postings rose 19.1% to 215,244. This was the lowest count of available dry van trucks on DAT One for Week 28 since 2017.

Refrigerated load postings were up 44.4% to 475,682, while truck postings rose 16.2% to 67,489. Flatbed load postings saw the most dramatic increase—rocketing 94.6% week over week to 639,646—while flatbed truck postings only rose 22.5% to 45,114.

The dramatic increase in flatbed load postings is still in line with the week’s annual trends, as noted by Dean Croke, principal analyst at DAT.

“Flatbed load post volumes returned to within 2% year over year but were still 38% lower than the Week 28 eight-year average, excluding years impacted by the pandemic,” Croke said. “Flatbed equipment posts were up 23% week over week but 24% lower than last year.”

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FTR reported that load and truck posting activity on Truckstop also surged last week. Total load postings increased 61%, up almost 7% year over year but more than 23% below the week’s five-year average. Total truck postings on Truckstop rose 17.4% week over week.

FTR’s report finds that, last week, dry van load postings increased by 47.8% week over week, up 3% from 2023 but 20% below the five-year average for the week. Refrigerated loads increased 25.3%, more than 11% above the same 2023 week but almost 13% below the five-year average. Similar to DAT’s findings, FTR reported that flatbed load postings on Truckstop skyrocketed by 90.4%, marking a year-over-year increase of nearly 14% but remaining 30% below the week’s five-year average.

Dropping rates across the board

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In last week’s spot market, volumes rose while average rates fell – Notice Important Web – #Market – BLOGGER – Market, Average, fell, Important, Market, Notice, Rates, rose, spot, volumes, Web, weeks

Volumes terminal hebdomad prefabricated up for the transport fall from the preceding week. According to the reports of both firms, there has been a momentous uprise in alluviation postings in DAT One and Truckstop crossways every equipment types. DAT reportable that the sort of loads posted on audiotape One accumulated by nearly 66% to 2.13 …

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