DAT: Spot truckload rates extended their positive run in October [Yahoo! Finance]
Roper Technologies, Inc. (ROP)
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Source: Yahoo! Finance
ahead of the holiday retail season and potentially higher tariffs next year, said DAT Freight & Analytics, which operates the DAT One freight marketplace and DAT iQ data analytics service. A measure of van, refrigerated ("reefer"), and flatbed loads moved in a month, the DAT Truckload Volume Index (TVI) made solid gains compared to September: Van TVI: 296, up 9% Reefer TVI: 220, up 7% Flatbed TVI: 314, up 12% Year over year, the TVI was higher for all three equipment types: the van TVI was up 12%, the reefer TVI jumped 13%, and the flatbed TVI increased 14%. Spot rates continue to run YoY positive National average spot truckload rates inched higher compared to September. The van rate increased 3 cents to $2.02 a mile, the reefer rate edged 2 cents higher to $2.39, and the flatbed rate gained 4 cents to $2.42. "October continued the pattern of year-over-year gains in spot truckload rates and volumes, and approaching parity for contract rates," said Ken Adamo, DAT Chief
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