Spot Market Insights
October 21, 2024
Spot rates rise for all equipment types in the latest week
The aftermath of Hurricane Milton likely was a factor, but regional data suggests broader market strength as broker-posted spot rates in the Truckstop system rose for all equipment types during the week ended October 18 (week 42). Dry van spot rates increased for a fourth straight week for the first time since May 2021, and refrigerated spot rates saw their second-largest gain since May. Flatbed spot rates were positive y/y – barely – for only the third time this year.
Trucking & Rail Updates from FTR
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