April saw strong volumes and abundant capacity in spot market truckload freight, according to DAT Solutions’ monthly report.
Volumes for dry van freight — the most common semi-trailer type — increased 2.4% in April compared with a year earlier, according to DAT, which operates the largest truckload freight marketplace in North America.
But despite sustained volume, the national average spot van rate fell 35 cents per mile year over year due to readily available truckload capacity.
On a year-over-year basis, reefer volume slipped 2.9%. (John Sommers II for Transport Topics)