Spot rates sag to close out typical seasonal slowdown

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Updated Mar 4, 2019

CCJ‘s Indicators rounds up the latest reports on trucking business indicators on rates, freight, equipment, the economy and more.

Spot market paid rates index through February 2019Per-mile rates on the spot market tumbled in all three major truckload segments — reefer, dry  van and flatbed — in February, the last month of the typical winter slow down before the usual March-through-June upswing.

Rates in all three segments also posted year-over-year declines, though they’re now competing with the record-hot rates seen in the first half of 2018.

According to data from on per-mile rates paid to carriers in its loadboard, flatbed rates averaged $2.35 a mile in February. That’s a nickel-a-mile dip from January and a 14-cent drop year over year.

Reefer rates fell 17 cents from January, according to, to $2.36 a mile. They were down 12 cents from February 2018.

Lastly, dry van rates slipped 7 cents a mile to $2.19. Compared to February 2018, van rates were down 17 cents a mile.