Market Trends

National Carrier Spot Rate YoY Market Trends

Regional Carrier Spot Rate Market Trends to 24H1 Baseline

Regional Carrier Spot Rate YoY Market Trends

December 2024

Takeaways

December 2024 vs 2024 H1 Rate Levels:

  • VAN: -3.2%  
  • REEFER: -2.5%
  • FLATBED: -3.4%

December 2024 vs December 2023:

  • VAN: -2.1%  
  • REEFER: -0.7%
  • FLATBED: -3.5%

Outlook

Stick a fork in 2024! As we all look ahead to stronger rates in 2025, 2023-2024 was a challenging market for all who endured it. Expectations for higher housing starts and general economic improvement are leading to a mild sense of optimism in 2025 trucking markets. Bearish sentiment still exists as a result the unknown impact of new regulations and potential tariffs. Grab the popcorn, 2025 will have plenty of new market influences to watch as the year unfolds.

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