Spot Market Insights
May 6, 2024
Refrigerated rates surge in the latest week
Broker-posted spot rates for refrigerated equipment recorded their largest week-over-week gain this year during the week ended May 3 (week 18). Refrigerated spot rates often rise sharply during the same week of the year in the run-up to Mother’s Day, although the increase was the largest for a week 18 over at least the past decade except for 2021 when the week coincided with International Roadcheck. Dry van spot rates rose after two down weeks while flatbed rates declined for a second straight week.
Trucking & Rail Updates from FTR
Updated weekly with downloadable slide decks
Updated weekly on Tuesday, FTR's Avery Vise provides timely updates on key trucking topics moving the market.
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Updated bi-weekly on Friday, FTR's Jonathan Starks provides timely updates on rail topics moving the market.
Most Recent Orders & Indices
Class 8 Orders
New class 8 truck orders are normally a leading indicator of the state of the economy. Follow our preliminary order updates to understand the direction of the economy and commercial vehicle production.
Trailer Orders
Strong freight demand dictates the need for new trailers. Follow our preliminary trailer orders to monitor the underlying health of freight and track the demand for new equipment.
Trucking Conditions Index
This exclusive FTR metric combines millions of data points known to influence truck fleet behavior to provide one index measuring the industry's health.
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Shippers Conditions Index
This exclusive FTR metric combines millions of transportation data points into one index to help shippers understand rate pressure across the industry.
Weekly Transportation Update
Weekly Transportation Update: U.S. economy adds 175,000 payroll jobs in April
Weekly Transportation Update: U.S. economic growth slowed in Q1, but strong goods imports were a factor