A few trucking economic indicators reported recently:
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Rates dip: Spot market rates fell slightly in the week ending April 25, with van rates falling 2 cents and flatbed falling 1, according to DAT Solutions weekly rate update. Reefer rates were unchanged in the week.
DAT partially attributes the decline to an increase in capacity, which rose 4.5 percent in the week, and a decline in available loads in both van and flatbed segments.[/gttable]
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Trailer build increases, orders ‘soft’: Net trailer orders in the U.S. in March tallied 22,000, FTR reported this week. That’s a 7 percent drop from February and a 25 percent drop from last March.
