Spot Market Insights
April 21, 2025
Van spot rates are mixed as flatbed rates rise for another week
For the first time this year, broker-posted spot rates for dry van and refrigerated equipment moved in opposite directions during the week ended April 18 (week 15). Dry van spot rates fell to their lowest level since late April 2024 while refrigerated spot rates were the highest in 10 weeks. Easter might have played a role in refrigerated’s strength, although the holiday has not been a reliable catalyst for higher rates. Meanwhile, flatbed spot rates rose to their highest level since October 2022.
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