A rally in spot truckload freight rates appears to have fizzled last week as truck capacity jumped 21% while available freight fell 18% compared to the previous week, according to DAT Solutions, which operates the DAT network of load boards. The national average van rate declined 2.8% to $1.72 per mile, led by a falling surcharge and declines in key markets including Los Angeles, down 9 cents to $2.02 per mile, and Memphis, off 10 cents to $1.94 per mile.
