Market Trends

National Carrier Spot Rate YoY Market Trends

Regional Carrier Spot Rate Market Trends to 24H2 Baseline

Regional Carrier Spot Rate YoY Market Trends

February 2025

Takeaways

Key market statistics:

February 2025 vs 2024 H2 Rate Levels:

VAN    -0.1%  

REEFER    -0.8%

FLATBED  2.9%

February 2025 vs February 2024:

VAN    -2.2% 

REEFER    -3.1%

FLATBED    -1.2%

Outlook

So much for the slight bump for VAN and REEFER in January, rate levels for February cooled lower than January 2025 across all equipment types. Buyers of transportation should be on high alert as systemic changes resulting from significant unknowns are on the rise. February ISM PMI was slightly positive after positive results from January indicating two consecutive months of economic expansion, however, negative rate data is also being reported across sources in the market.  The timing of negative and positive influences on this economy are leading to almost COVID-like levels of uncertainty.  The best economists, and even the transportation pundits,  will be highly challenged as the economy unfolds.

Past Trends

View All Trends