Monthly UpdateJun 16, 2026, 09:31 AM
DAT: May Spot Rates Up Despite Volume Drop; Reefer Spot > Contract
AI Summary
DAT Freight & Analytics reported that truckload spot rates increased across all equipment types in May 2026, despite a fall in freight volumes. This rise was attributed to tighter capacity caused by factors like the CVSA International Roadcheck, Memorial Day weekend, and a shrinking driver pool. Reefer spot rates notably surpassed contract rates, reflecting capacity shifts and seasonal pressure, with carriers being compensated for the tighter market.
Key Highlights
- Spot van rate increased by 22 cents to $2.89 per mile in May.
- Spot reefer rate rose by 24 cents to $3.35 per mile, exceeding contract rates.
- Spot flatbed rate was up 19 cents to $3.65 per mile.
- DAT Truckload Volume Index fell across all types: Van -9%, Reefer -10%, Flatbed -14% vs. April.
- Contract rates saw modest gains: Van +7 cents to $2.92, Reefer +6 cents to $3.28, Flatbed +6 cents to $3.77.
- Year-over-year, spot van rates were up 90 cents, reefer up 99 cents, and flatbed up $1.07.
Price Impact
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