Rates report: Reefer ticks up to start year, flatbed and van continue to sag

imageSpot market rates in all three segments in January continued their trend of lackluster showings, with van and flatbed both falling a few cents per mile and reefer gaining a penny, according to monthly rate data from Truckstop.com.

Reefer’s one-cent upswing reversed a string of seven straight months of decline, while the dip for van and flatbed reversed a one-month uptick in both segments.

A major drop in diesel prices, along with a general decline in freight demand, have been forcing rates downward since late 2014, a year that saw record-setting per-mile rate averages in all three segments.

Paid rates, verified rate averages paid to carriers, in the refrigerated segment averaged $2.13 in the month, down 31 cents from last January. Posted reefer rates — “offer rates,” essentially, from brokers and shippers — averaged $1.92, a 3-cent drop from December:

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Paid van rates in January averaged $1.92 in the month, a four-cent decline from December. Posted rates, likewise, fell 6 cents from December, to $1.65 a mile:

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Paid flatbed rates averaged $2.05 in January, down 3 cents from December. Posted rates dropped 6 cents to $1.73:

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