Spot Market Insights
September 3, 2024
Van spot rates rise sharply ahead of Labor Day
Broker-posted van spot rates in the Truckstop system have underperformed seasonal expectations recently, but they rose sharply during the week ended August 30 (week 35) as they usually do during the week before Labor Day. Refrigerated van rates surged by the most in a week 35 since at least 2008. Dry van rates were not as strong historically but rose by the most since International Roadcheck week in May. Flatbed rates, however, were down for an 11th straight week to their lowest level since July 2020.
Trucking & Rail Updates from FTR
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Updated weekly on Tuesday, FTR's Avery Vise provides timely updates on key trucking topics moving the market.
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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.
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