Back to June 2025 Industry Update
June 2025 Industry Update: Dry Van
Average fuel prices declined for the third consecutive month driven by excess global supply concerns.
Spot Rates
Key Points
- In May, the national average dry van spot rate exclusive of a fuel surcharge increased 3.2% MoM to $1.63, or just over $0.05.
- The average dry van spot linehaul rate was up 2.8% YoY compared to May 2024 but was 2.2% below the LT average.
- Initially reported average dry van contract linehaul rates rose by 0.5% MoM in May, or just over $0.01, and were 1.2% higher YoY compared to May 2024.
Load-to-Truck Ratio
Key Points
- The dry van load-to-truck ratio (LTR) surged by 29% MoM, rising from 4.48 in April to 5.78 in May.
- Compared to May 2024, the dry van LTR was up 31.7% YoY and was 43.5% higher than the 5-year average.
- According to load board data collected by DAT Freight & Analytics, load post volumes for dry vans were up 22.6% MoM in May while dry van truck posts were down 5.1% MoM.
Market Conditions
