Load Boards Show Flat Demand, Higher Rates

Spot market freight activity is softening modestly on a sequential basis, though rates paid to carriers continue to hit record levels, two load board operators said last week in separate reports. DAT’s Trendlines report said national average rates remained at $2.44 per mile for refrigerated freight, and 3 cents less for flatbeds. At the same…

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Truckload, Intermodal Rates Moving Up, Cass Reports

Truckload linehaul rates jumped 2.9 percent in January, the biggest year-over-year increase since last February, Cass Information Systems said Thursday. The increase in the Cass Truckload Linehaul Rate Index reflects higher spot market rates, growing freight demand and declining capacity, Cass said. Intermodal rates rose 1.7 percent from a year ago in January, as the Cass…

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