This is the fourth straight month that rates dipped in all three segments, continuing a now year-long downward trend spurred by both a major drop in diesel prices and market conditions.
Paid rates, verified averages of rates paid to carriers, fell 4 cents from October in reefer and flatbed segments and 7 cents in flatbed.
Paid reefer rates in the month averaged $2.14, down 43 cents from last November. Rates in the segment have fallen 26 cents since May. Posted reefer rates — “offer rates,” essentially, from brokers and shippers — averaged $1.97, an 8-cent increase from October.
Paid van rates, meanwhile, were down 33 cents from November 2014, falling to $1.95 a mile. They’ve fallen 25 cents since April, according to Truckstop.com Posted rates in the segment averaged $1.71, a 7-cent increase from October.
Flatbed rates, hit the hardest in the month, were down to $2.07, their lowest point since mid-2013 and down 24 cents from last November. Posted rates in the segment averaged $1.84, down 6 cents from October.
