Flatbed Rates
Flatbed Rates in March 2024
Flatbed spot rates rose 3¢ m/m, net fuel, to $1.95 per mile in March, but this was 3¢ below the seasonal pattern m/m and still 12¢ above the August low. In early April, flatbed rate trends remained firm, particularly near east coast ports like Philadelphia, NY/NJ, and VA, with roll-on/roll-of capacity to support Baltimore-bound machinery.
Flatbed contract rates, net fuel, rose 5¢ m/m to $2.57 per mile in March (up 4¢ m/m seasonally adjusted), though February rates were revised down 4¢ from last month. We expect some revision to the March data as well.
To see how flatbed rates change in the future, and for detailed analysis and forecasts for truckload, less-than-truckload, and intermodal, see ACT's freight & transportation forecast.
Resources
Whether you’re new to our company or already a subscriber, we encourage you to take advantage of all our resources.