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Current Freight Rates – April 2024

Trucking News - US Freight Rates

Factoring for Trucking Companies

Trucking News – US Freight Rates

April 15, 2024 – Courtesy of DAT Trendlines 

April 2024 Freight Rates
 Apr 08 – Apr 14 vs. Apr 01 – Apr 07Mar 2024 vs. Feb 2024Mar 2024 vs. Mar 2023
Spot Market Loads+2.6%+12.3%-14.6%
Spot Market Capacity-4.7%-6.1%-22.7%
Van Load-To-Truck+15.5%+12.1%+17.1%
Van Rates (Spot)-0.4%-2.96%-7.5%
Flatbed Load-To-Truck-6.7%+35.4%-2.9%
Flatbed Rates (Spot)+0.2%+0.6%-8.2%
Reefer Load-To-Truck+15.4%+8.7%+16.0%
Reefer Rates (Spot)-1.4%-2.6%-5.9%
Fuel Prices+1.6%-0.6%-4.7%

Van Freight Rates – April 15, 2024

DAT.com’s April 15th Trendlines Report shows current national van rate averages are at $2.01 per mile, the same as the March average.

According to DAT, the highest average van rates are in the Midwest at $2.18 per mile. The lowest average van rates are in the East Coast at $1.81 per mile.

DAT reports the current national load-to-truck ratio is 4.00 loads-to-truck, compared to the March average of 3.13. Ratios are highest in the Southern states. The lowest ratios are in the Northern states

Average van freight rates as of April 15, 2024

Reefer Freight Rates – April 15, 2024

Reefer freight rates are averaging $2.32 per mile, ¢4 lower than in March. Reefer rates are highest in the Midwest, averaging $2.56 per mile. The lowest rates are in the Northeast, with an average of $2.03 per mile.

National reefer capacity is at 5.11 loads-to-truck, compared to the March average of 4.83 loads-to-truck

Current load-to-truck capacity shows reefer demand is highest in the Southern states. The Midwest states have the lowest load-to-truck ratios.

Average reefer freight rates by region as of April 15, 2024.

Flatbed Freight Rates – April 15, 2024

National average flatbed rates are currently $2.53 per mile, ¢3 higher than the March average.

The Midwest has the highest average flatbed rates at $2.67 per mile. The lowest rates are in the West, with an average of $2.30 per mile.

Nationally, load-to-truck ratios are at 19.66, compared to 18.35 in March. Load ratios are highest in the Southeast. The Midwest has the lowest load-to-truck ratios. For more details, visit Dat.com.

Average flatbed freight rates in the US as of April 15, 2024.

*Diesel fuel price map as of April 15, 2024.

Checking fuel prices, the national average diesel price is $4.02 a gallon compared to $4.00 one month ago and is down ¢10 compared to one year ago.

East Coast diesel prices are averaging $4.07 per gallon. The average price in the Midwest is $3.97 per gallon. California diesel prices are averaging $5.26 per gallon.

Average US diesel fuel prices as of April 15, 2024
Change from
 04/01/2404/08/2404/15/24Week AgoYear Ago
US3.9964.0614.015-0.046-0.101
East Coast (PADD 1)4.0834.1184.068-0.050-0.130
New England (PADD 1A)4.3054.3054.311+0.006-0.229
Central Atlantic (PADD 1B)4.2714.2724.241-0.031-0.245
Lower Atlantic (PADD 1C)3.9904.0423.979-0.063-0.077
Midwest (PADD 2)3.9494.0113.965-0.046-0.062
Gulf Coast (PADD 3)3.6703.7603.710-0.050-0.166
Rocky Mountain (PADD 4)3.9494.0083.956-0.052-0.148
West Coast (PADD 5)4.6514.7234.702-0.021+0.010
West Coast less California4.1474.2574.218-0.039-0.238
California5.2215.2595.256-0.003+0.293

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