On Gateway
By the Numbers
An extensive, multi-channel, interactive freight shipping dashboard can be found at https:// www. joc. com / gateway / about
Tariff frontloading raises flatbed pricing, but not dry-van rates
US dry-van, flatbed and refrigerated truckload spot rates( DAT)
USD average rate per mile
$ 2.5
$ 1.0 2.0 L
$ 1.7 $ 1.5
$ 1.0 L Jul Jan 2024
Jul Jan 2025 Apr, 2025 Dry Van Flatbed Refrigerated
Source: DAT Solutions © 2025 S & P Global
On Gateway
The frontloading of flatbed shipments from Mexico and Canada to avoid higher US tariffs is driving up rates. A surge of flatbed cargoes, ranging from coil beams to farm equipment to automobiles, has pushed up average US flatbed spot rates 9 % year over year to $ 2.19 per mile, according to DAT Freight & Analytics. Truckload and less-than-truckload( LTL) spot rates are going in the other direction, however. The uptick in truckload and LTL rates has faded, with pricing returning to depressed levels close to the bottom it first hit in 2023.
The Gateway is an online shipping dashboard of more than 140 continuously updated charts from S & P Global and identified external data sources organized by trade lane, mode and topic. https:// www. joc. com / gateway
DAT average US truckload spot rates
Weekly spot truckload rates per mile excluding fuel surcharges. The DAT Freight and Analytics weekly average US truckload spot rate was $ 1.59 per mile in the week of April 12, 2025, down from $ 1.62 per mile in the previous week and a recent peak of $ 1.84 per mile in the week of Jan. 11.
$ 1.90 |
|
|
|
|
|
|
|
|
|
|
|
$ 1.85 |
|
|
|
|
|
|
|
|
|
|
|
$ 1.80 |
|
|
|
|
|
|
|
|
|
|
|
|
$ 1.75 $ 1.70 $ 1.65 $ 1.60 $ 1.55 $ 1.50
11-May-24
|
8-Jun-24 |
6-Jul-24 |
3-Aug-24 |
31-Aug-24 |
28-Sep-24 |
26-Oct-24 |
23-Nov-24 |
21-Dec-24 |
18-Jan-25 |
15-Feb-25 |
Up 3.2 % from April 2024
15-Mar-25
12-Apr-25
|
Source: DAT Solutions © 2025 S & P Global
Xeneta Asia to US West Coast short and long-term rates
Xeneta aggregates freight rates for both short-term contracts valid for less than 32 days and long-term contract that are valid for 87 days or more. Terminal Handling Charges( THCs) are excluded. The April 17, 2025, average spot rate from Asia to the US West Coast was $ 2,380 per FEU, down 1.2 % from the previous week. Pricing in long-term contracts signed in the last three months slipped 0.8 % to $ 2,384 per FEU, while overall long-term contract rates of $ 1,795 per FEU were flat from the previous week.
Short-term rates Contract rates signed in last three months
Contract rates
USD per FEU
$ 10,000 $ 8,000 $ 6,000 $ 4,000 $ 2,000
$ 0 01 / 07 / 2021
04 / 17 / 2025
Xeneta’ s ocean freight spot and contract pricing benchmarks gather over 10 million rates monthly from large volume global shippers and forwarders. Before releasing any market information, a minimum of five daily rates per route, per equipment type is required.
82 Journal of Commerce | May 5, 2025 www. joc. com