Spot Market Insights
May 22, 2023
Van segment spot rates surge during International Roadcheck Week
As expected, the three-day period of increased roadside inspections known as International Roadcheck resulted in sharp increases in spot rates during the week ended May 19 (week 20). Broker-posted rates in the Truckstop system rose by the most since the December holidays for both dry van and refrigerated equipment. Flatbed rates also rose significantly, although that segment had seen a larger increase twice this year. Total market load activity rose by the most since the first week of this year.
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