Spot market freight volume declined seasonally in January 2015, down 11% from an atypical December high, according to the DAT North American Freight Index.
Compared with January 2014, volume slipped 27% from extraordinary demand during the previous winter’s Polar Vortex. This was the first year-over-year decline on the index in 19 months.
In contrast to December 2014, freight volume by equipment type declined 18% for vans, 3.1% for flatbeds, and 2.5% for refrigerated (reefer) trailers. Truckload freight rates on the spot market drifted down 3.6% for vans and 3.1% for reefers, while the average flatbed rate was unchanged, month over month.