Source: FTR Transportation Intelligence

Spot Market Update: Flatbed Rates and Volume Surge

Flatbed Rates Reach Highest Level Since 2022

While dry van and reefer rates struggle, flatbed spot market rates have surged, reaching their highest levels since July 2022.

•Flatbed rates & volume climb: Up nearly 2% year-over-year, marking the strongest gains in nearly three years.

•Regional strength: The Southeast is seeing significant demand, likely due to post-hurricane rebuilding efforts.

•Tariffs & trade shifts: The rush to import steel and aluminum ahead of new tariffs may be fueling this spike.

For the week ending March 14 (Week 10 of 2025), the truck freight spot market has maintained its trend of stronger flatbed performance while van equipment rates remain weak. The key driver? Trade policy shifts and regional reconstruction efforts.