Weekly Report 49 – 12/08/2021
Spot volume snaps back after Thanksgiving
Although the spot market did not follow seasonal patterns immediately prior to Thanksgiving, it did see the typical rebound in volume after the holiday. Load postings in the system jumped 80.7% during the week ended December 3 (week 48) to the strongest level in five weeks. Volume was up in all segments, led by flatbed, which saw more than twice the load postings in the latest week than during Thanksgiving week. Truck postings also rebounded after the holiday.
Total Market demand index
Dry Van Spot Loads
Dry van load postings jumped 79.8% after falling 34.2% during the holiday week. Volume was the highest since the week ended October 1 and otherwise the strongest on record aside from the weather-related spike in February. Dry van load postings were about 23% higher than the same week last year and about 158% higher than the five-year average (2015-2019) for the week.
Refrigerated Spot Loads
Flatbed Spot Loads
Total Spot Rates