Spot Market Insights
November 27, 2023
Dry van finally sees seasonal strength in spot rates
After seven straight weeks with only one week-over-week increase, dry van spot rates in the Truckstop system jumped by the most since May during the week ended November 24 (week 47). Broker-posted rates for dry van equipment invariably increase during Thanksgiving week, so the failure to do so might have signaled greater weakness. Refrigerated spot rates fell by about as much as dry van rates rose, and flatbed spot rates increased modestly. Refrigerated rates often decline during the holiday week.
Trucking & Rail Updates from FTR
Updated weekly with downloadable slide decks
Updated weekly on Tuesday's, FTR's Avery Vise provides timely updates on key trucking topics moving the market.
View the replay for the Food Shippers of America & FTR: Q4 2023 Food Industry Economic and Transportation Update Webinar.
Updated weekly on Friday's, FTR's Todd Tranausky 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
Weekly Transportation Update: Manufacturing holds steady aside from inevitable automotive drop
Weekly Transportation Update: Wholesale inventories were leaner in September