Spot Market Freight Volume Down, Remains Strong
PORTLAND, OR -- Spot market freight volume remained relatively strong in May, edging down just 1.7% compared to April, according to the DAT North American Freight Index.Compared to the extraordinary volume of May 2014, freight declined 27%, however, volume exceeded same-month totals for 16 of the 18 years since the index was established in 1997. May freight volume dipped 0.8% from April for vans, 4.6% for flatbeds, while refrigerated freight increased 8.1%. Rates on the spot market followed the trends in volume by equipment type, slipping 1.9% for vans, 0.5% for flatbeds, while reefer rates rose 2.7%, compared to April.
