Tuesday, April 5, 2011

Transcore: Reefers, vans and flatbed rates up in March

PORTLAND, Ore.-- Following a three-month decline, truckload rates for refrigerated vans increased 2.2 percent on the spot market in March compared to February, according to TransCore’s Truckload Rate Index. 

Reefer rates increased gradually throughout the month, while van and flatbed rates on the spot market rose during the first week of March and remained stable through the rest of the month. Van rates were up 4 percent, while flatbed rates rose 2.5 percent compared to February.

Spot market rates are those paid by freight brokers and third-party logistics providers (3PLs) to the carrier.

A more detailed analysis of weekly truckload rate trends can be found at TransCore Trendlines.