Spot Freight Volume and Rates Drop in August: DAT Freight Index

PORTLAND, Ore. (Sept. 15, 2015)—Following a common seasonal pattern, spot market freight volume declined 8.8 percent month over month in August, according to the DAT North American Freight Index. The Index declined from July to August in four of the past ten years. This year's fall freight season, which sometimes begins in mid-August, appears to be starting a few weeks later, the company reported.

By equipment type, van freight levels dropped 3.7 percent month over month, refrigerated ("reefer") freight edged down 0.4 percent, and flatbeds were off 18 percent, for an overall decline of 8.8 percent compared to July. The company added that early indications suggest improving van and reefer freight availability in September.