Truckload Spot Rates

Flatbed Spot Rates Post Largest Weekly Gain Since 2008

Flatbed Spot Rates Post Largest Weekly Gain Since 2008

Flatbed spot pricing broke from its usual seasonal pattern as freight volumes rose across the three major truckload equipment types. FleetOwner reported September 24 that the weekly flatbed rate increase tracked by FTR Transportation Intelligence was the largest for that calendar week since 2008. FTR's flatbed measure gained more than 5 cents, while flatbed load volume climbed almost 30% to its strongest level in two months.

The move helped lift the total broker-posted market rate by 2 cents even as dry van and refrigerated pricing softened in FTR's data. Dry van rates fell just under 3 cents but remained nearly 45% above the comparable week a year earlier, with loads up about 28%. Reefer rates declined 6 cents after four consecutive weekly increases, while refrigerated loads grew 14% and the rate stayed about 49% above a year ago.

DAT Freight & Analytics showed a different week-to-week pattern, illustrating why carriers should identify the dataset behind any market headline. DAT's national linehaul averages placed dry van at $2.17 per mile after a 3-cent decline, reefer at $2.73 after a 2-cent gain and flatbed at $2.60 after a 1-cent decline. FTR and DAT use different market samples and calculations, so their directional readings can diverge without either series being internally inconsistent.

For owner-operators and small fleets, stronger flatbed demand is useful context rather than a guarantee that every lane pays more. Load boards should be compared with each truck's operating cost, deadhead, securement time, tarping needs and the probability of finding a return load. Carriers can use several weeks of lane-specific data to test whether the increase is durable. A short-lived national move should not replace written rate confirmation, careful cargo securement or a margin calculation that includes all unpaid miles.

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