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Indicators: Spot market rates recede in February from January high marks

Spot Market Paid Rates

Per-mile rates eased in February on the spot market, according to monthly rates data from Truckstop.com, dipping from record high averages set in January.

Spot Market Flatbed Rates

 

Flatbed was the lone standout, climbing 5 cents a mile to $2.49, likely due to warmer temperatures later in the month driving demand for flatbed loads. Compared to February 2017, flatbed rates were up 44 cents a mile on the spot market, according to Truckstop.com data.