This is the third straight month all three segments have seen a decline in their national averages. Rates have been trending down since hitting record highs last summer. Contributing factors include a softer freight environment in 2015 than 2014, a slight ease in capacity constraints and rock-bottom fuel prices.
Paid rates, verified averages of rates paid to carriers, fell 7 cents in reefer and van segments.
Paid reefer rates in the month averaged $2.18, down 22 cents from October 2014. Rates in the segment have also fallen 22 cents since their most recent peak in May. They’ve fallen each month since:
Van rates, meanwhile, averaged $1.99 and were down 34 cents from last October. The country’s van rate average has fallen 21 cents since its most recent peak in April, according to Truckstop.com’s monthly rate data:
