Truckload spot volumes continue 3-week climb

Mar 29 – Apr 4 – The capacity crunch caused by extreme weather in February pushed spot rates above contract rates in March, but spot market van rates have dipped back below contract rates in April. Capacity remains tight for reefer and flatbed. For reefer, spot rates have been higher than contract since August, while in flatbed spot rates are now higher than contract for the first time since June 2018.