Market Trends

National Carrier Spot Rate YoY Market Trends

Regional Carrier Spot Rate Market Trends to 23H2 Baseline

Regional Carrier Spot Rate YoY Market Trends

August 2024

Takeaways

  • Year-over-year is still down for all three modes.
  • The majority of regions are showing negative figures compared to 2024H1 baselines.
  • Southeast markets are leading the downturn at -6.5%, -7.8%, and -1.5% for Van, Temp Control, and Flatbed respectively.  

Outlook

Similar to our 2024 July update, weakness continues in all markets excluding the Southwest where reports of increased imports have likely created greater demand for trucking.

The majority of regions show negative figures compared to 2024H1 baselines., thus a pervasive weakness in the trucking markets.  Southeast markets are leading the downturn at -6.5%, -7.8%, and -1.5% for Van, Temp Control, and Flatbed respectively.

Past Trends

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