The Pausing of Vans, Reefers Increase The Rates in Spot Market Flatbed

The rates in the sector of spot freight market are constantly crawling up but in certain sectors, this rate is still stagnant.

In the month of April 2015, it has been reported by several well-known studies and companies that the flatbed rates in freight have been witnessing a hike of 0.5% constantly. If considered in numbers, the figure is actually a little bit more than 2.2 dollars for every mile. The reports also tend to bring forth several other aspects in this area. A man with a van is expected to face this increase in rates in many ways.

• Performance in freight rates

It is fascinating to see that while some segments are witnessing an unexpected hike, other is constant since quite a long time. This unpredictable performance in freight rates is highly expected to continue over the coming months.

• Unchanging reefer rates

It is interesting to see that the average rates in case of reefers seems to have witnessed no change at all and is still priced at 2.15 dollars for every mile.

• Expectations in the second quarter

If the latest statistics are to be believed then the second quarter would be very positive. With the progress of the second quarter, a further pickup in seasonal freight is expected and man and van can further hope to see the odds in their favour in case the trend in spot market rate takes a very positive turn in several ways. This would lead to increased profits and growth as well.