• Advertise
  • Contact Us
  • About Us
  • Supplier Directory
  • Login
  • Subscribe
  • Logout
  • My Profile

  • CORONAVIRUS
  • LOGISTICS
    • Air Cargo
    • All Logistics
    • Express/Small Shipments
    • Facility Location Planning
    • Freight Forwarding/Customs Brokerage
    • Global Gateways
    • Global Logistics
    • Last Mile Delivery
    • Logistics Outsourcing
    • LTL/Truckload Services
    • Ocean Transportation
    • Rail & Intermodal
    • Reverse Logistics
    • Service Parts Management
    • Transportation & Distribution
  • TECHNOLOGY
    • All Technology
    • Artificial Intelligence
    • Cloud & On-Demand Systems
    • Data Management (Big Data/IoT/Blockchain)
    • ERP & Enterprise Systems
    • Forecasting & Demand Planning
    • Global Trade Management
    • Inventory Planning/ Optimization
    • Product Lifecycle Management
    • Sales & Operations Planning
    • SC Finance & Revenue Management
    • SC Planning & Optimization
    • Sourcing/Procurement/SRM
    • Supply Chain Visibility
    • Transportation Management
  • GENERAL SCM
    • Business Strategy Alignment
    • Education & Professional Development
    • Global Supply Chain Management
    • Global Trade & Economics
    • HR & Labor Management
    • Quality & Metrics
    • Regulation & Compliance
    • SC Security & Risk Mgmt
    • Sustainability & Corporate Social Responsibility
  • WAREHOUSING
    • All Warehouse Services
    • Conveyors & Sortation
    • Lift Trucks & AGVs
    • Order Fulfillment
    • Packaging
    • RFID, Barcode, Mobility & Voice
    • Robotics
    • Warehouse Management Systems
  • INDUSTRIES
    • Aerospace & Defense
    • Apparel
    • Automotive
    • Chemicals & Energy
    • Consumer Packaged Goods
    • E-Commerce/Omni-Channel
    • Food & Beverage
    • Healthcare
    • High-Tech/Electronics
    • Industrial Manufacturing
    • Pharmaceutical/Biotech
    • Retail
  • REGIONS
    • Asia Pacific
    • Canada
    • China
    • Europe
    • Latin America
    • Middle East/Africa
    • North America
  • THINK TANK
  • PODCASTS
  • VIDEOS
  • WHITEPAPERS
Home » National Average for Van Rates Continues to Stay Above $2 Per Mile

National Average for Van Rates Continues to Stay Above $2 Per Mile

November 25, 2014
DAT Solutions

The national average van rate lost a penny to $2.02 per mile but remained above $2 for another week, as it has for most of 2014. The average rate for refrigerated loads was unchanged at $2.31 per mile while the flatbed rate ($2.32 per mile, down 2 cents) slowed in a seasonal trend.

Regionally, Los Angeles-outbound lanes stayed hot due to port congestion and difficulty accessing rail services. For van freight, the high lane in the region was Los Angeles to Phoenix at $3.11 per mile, down 3 cents compared to the previous week. Other high-paying van lanes by region:

• Columbus to Buffalo, $3.64 per mile (up 40 cents)
• Atlanta to Orlando, $2.74 per mile (down 8 cents)
• Philadelphia to Boston, $3.68 per mile (up 6 cents)
• Dallas to Houston, $2.54 per mile (up 3 cents)

Nationally, the number of available van loads was up 5.1 percent last week while capacity added 4.5 percent. The load-to-truck ratio held firm at 3.0, meaning there were 3.0 van loads posted for every van available on DAT load boards last week.

Reefer freight availability increased 12 percent while capacity gained 4.5 percent. The resulting load-to-truck ratio was 9.8. The average rate from Sacramento jumped 13 cents to $2.73 per mile on late-season volumes. Outbound reefer rates increased 3 cents from McAllen, Texas, to $1.83 per mile.

The number of available flatbed loads fell 5.8 percent against a 4.7 percent increase in available capacity. The national average flatbed load-to-truck ration fell 10 percent to 16.8 loads per truck.

Load-to-truck ratios represent the number of loads posted for every truck available on DAT load boards. The load-to-truck ratio is a sensitive, real-time indicator of the balance between spot market demand and capacity. Changes in the ratio often signal impending changes in rates.

The national average fuel price fell 2 cents to $3.66 per gallon. Declining fuel prices tend to have a dampening effect on market rates. When fuel prices slip, the surcharge drops and the total rate may decline accordingly.

Rates are derived from DAT RateView, which provides real-time reports on prevailing spot market and contract rates, as well as historical rate and capacity trends. RateView's database is composed of more than $24bn in freight bills in more than 65,000 lanes.

Source: DAT Solutions

RELATED CONTENT

RELATED VIDEOS

Logistics Logistics Outsourcing LTL/Truckload Services Transportation & Distribution Technology Transportation Management
KEYWORDS DAT Solutions Logistics Logistics Management: LTL/Truckload Services Logistics Outsourcing logistics services LTL LTL/Truckload Services motor freight Technology Transportation & Distribution Transportation Management trucking industry truckload
  • Related Articles

    Van Rates Continue Above $2 Per Mile

    Stable National Average Hides Regional Swings in Spot Market Van Rates

    Retailers Import at Above-Average Rates as Longshoremen's Talks Continue

  • Related Events

    The Big Picture: What It Takes to Make Last-Mile Delivery Work

  • Related Directories

    Kuebix

DAT Solutions

Rate Pressure Easing on Spot Market as Truckload Demand Declines

More from this author

Wake up to Coronavirus Updates and the latest Supply Chain News!

Subscribe to our Daily Newsletter

Timely, incisive articles delivered directly to your inbox.

Popular Stories

  • Coronavirus-watch-Armada

    Virus Update: Biden Unveils National Strategy; Pfizer Says It’s Willing to Sell Vaccine to States

    Coronavirus
  • Car Industry

    A Year of Poor Planning Led to Carmakers’ Massive Chip Shortage

    Technology
  • Can Employers Require Employees to Get the COVID-19 Vaccine? Part 1

    Watch: Can Employers Require Employees to Get the COVID-19 Vaccine? Part 1

    Coronavirus
  • U.S. Vaccine Rollout Hindered by Faulty Coordination, Messaging

    WHO Fumes at Western Drugmakers As China Fills Vaccine Void

    Coronavirus
  • COVID-19 Vaccine

    Vaccine Disparities Raise Alarm as COVID-19 Variants Multiply

    Coronavirus

Digital Edition

Scb home issue 27

2020 Supply Chain Innovator of the Year

VIEW THE LATEST ISSUE

Case Studies

  • LSP Saves Customer $1.5 Million a Year With MPO Global Inbound Management

  • Auto Supplier Wows Key Client Using riskmethods Supply Chain Savvy

  • Integrating Shipping and Compliance Saves Conglomerate Millions

  • How a Consumer Goods Giant Upped Its On-Time Delivery Performance

  • LSP Wows Global Client, Quickly Advances to Become End-to-End Provider

Visit Our Sponsors

6 River Systems ArcBest Armada
aThingz BluJay Burris Logistics
DSC Logistics DCSA (Digital Container Shipping Association) DHL Resilience360
Genpact GEP Honeywell Intelligrated
Infor Logility Magnitude Software
MPO Old Dominion Oliver Wight
OpenSky Ports America Purolator
QAD Precision Red Classic Riskmethods
TGW Systems Transportation Insights Watson Land Company
Westfalia Technologies Workjam Yang Ming
  • More From SCB
    • Featured Content
    • Video Library
    • Think Tank Blog
    • SupplyChainBrain Podcast
    • Whitepapers
    • Webinars
  • Digital Offerings
    • Digital Issue
    • Subscribe
    • Manage Your Subscription
    • Newsletters
  • Resources
    • Events Calendar
    • SCB's Great Supply Chain Partners
    • Supplier Directory
    • Case Study Showcase
    • Supply Chain Innovation Awards
    • 100 Great Partners Form
  • SCB Corporate
    • Advertise on SCB.COM
    • About Us
    • Privacy Policy
    • Contact Us
    • Data Sharing Opt-Out

All content copyright © 2016 - 2018 Keller International Publishing Corp All rights reserved. No reproduction, transmission or display is permitted without the written permissions of Keller International Publishing Corp

Design, CMS, Hosting & Web Development :: ePublishing