Industry Trends with DAT Trendlines™
Thanksgiving comes early for reefer carriers
National Spot Rates: Van, Flatbed, Reefer
Reefer spot rates increase earlier than usual as fresh turkeys take off ahead of harvest celebrations
Nov 1 – 7 – Normally we see demand and spot rates for temperature-controlled equipment increase right up to Thanksgiving, but like everything else in 2021, the current freight market is anything but normal. With three weeks to go, the national average for reefer spot rates increased by $0.12/mile in the first week of November.
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Trendlines shows a weekly snapshot of the month-to-date for national average rates from DAT RateView. National average spot market rates for the past four months, including fuel surcharges, are shown in the three graphs, above.