Dry Van Rate
|
May |
June 2010 |
Month-over-Month: June 2010 vs. May 2010 |
June 2009 |
June 2010 |
Year-over-Year: June 2010 vs. June 2009 | |||
| Spot Market | $1.24 | $1.32 | + 6.5% |
|
$1.11 | $1.32 | + 19% |
|
| Contract | $1.40 | $1.42 | + 1.4% |
|
$1.38 | $1.42 | + 2.6% |
|
Rate information provided by TransCore's Truckload Freight Index
- Spot market line haul rates rose by 6.5% for dry vans in June, compared to
the corresponding average for May. Compared to last year, spot market rates
increased by 19% for vans, on average, due to increased demand . Rates on the
spot market are those paid to carriers by freight brokers and third-party
logistics (3PL) companies.
- Average contract line haul rates for dry vans increased by 1.4% in June, compared with
May. Compared to June 2009,
contract rates rose by 2.6% year over year.
- Together with a steady increase in the load-to-truck ratio for vans, the spot market rate increase may indicate capacity constraints through the summer season. In July to-date, the national average spot market rate for vans increased by $0.01 to $1.33 per mile
