Truckstop, FTR: Spot rates mostly decline in seasonal moves

Shipper truckload spending, spot rates rising faster in western US

Spot truckload rates dropped seasonally from week to week in July, but they remain elevated, with the highest rates and shipper spending on the West Coast, data shows.

Truckstop, FTR: Spot rates mostly decline in seasonal moves

BEAVERTON, Ore. — Broker-posted spot rates in the Truckstop.com system recorded seasonally expected softness during the week ending July 31 despite fuel cost pressure. “Spot rates for refrigerated equipment managed a tiny gain, but slightly larger increases are the norm in comparable weeks. Both dry van and flatbed spot rates posted their largest decreases for comparable weeks in four years,” FTR said. “The current week typically yields stronger…