Spot Market Insights
July 22, 2024
Van spot rates see seasonal decline but remain higher y/y
Broker-posted spot rates in the Truckstop system continued to ease as expected during the week ended July 19 (week 29), but rates for both dry van and refrigerated equipment remain higher than they were during the same week last year. The last time either dry van or refrigerated experienced any meaningful increase in spot rates during week 29 was 2009. Flatbed spot rates, which also declined week over week, were up nearly 1% y/y for the first positive y/y comparison since late July 2022.
Trucking & Rail Updates from FTR
Updated weekly with downloadable slide decks
Updated weekly on Tuesday, FTR's Avery Vise provides timely updates on key trucking topics moving the market.
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Returning in July, FTR's Joseph Towers provides timely updates on rail topics moving the market.
Most Recent Orders & Indices
Class 8 Orders
New class 8 truck orders are normally a leading indicator of the state of the economy. Follow our preliminary order updates to understand the direction of the economy and commercial vehicle production.
Trailer Orders
Strong freight demand dictates the need for new trailers. Follow our preliminary trailer orders to monitor the underlying health of freight and track the demand for new equipment.
Trucking Conditions Index
This exclusive FTR metric combines millions of data points known to influence truck fleet behavior to provide one index measuring the industry's health.
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Shippers Conditions Index
This exclusive FTR metric combines millions of transportation data points into one index to help shippers understand rate pressure across the industry.
Weekly Transportation Update
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