Available truckload capacity on the spot market increased while load availability and national average rates declined across all three equipment types during the week ending July 11, 2015, reports DAT Solutions, which operates the DAT network of load boards.
The average spot van rate fell 2 cents to $1.87 per mile the week ending July 11 and the van load-to-truck ratio slipped 17% to 2.0 loads per truck, meaning there were 2.0 available van loads for every truck posted on the DAT network.
Available van capacity surged 25% largely because the week ending July 11 had five workdays and the previous week had only four. A 20% to 25% gain in load board activity is typical during the first week after a holiday.