Roper Technologies IncImpact on stocks 1
Roper Technologies IncDry van spot rates exceeded contract rates in June for the first time since February 2022, while flatbed spot rates reached an all-time high, according to DAT Freight & Analytics. The national average van spot rate rose to $3.00 per mile, 11 cents above the contract rate of $2.89, and the flatbed spot rate climbed to $3.69 per mile, up 4 cents from May. Spot linehaul rates surged at least 39% year over year across all three equipment types, even as freight volumes were flat to lower, signaling tighter truck capacity rather than stronger demand. Contract rates were mixed, with van and refrigerated all-in rates slipping due to lower fuel surcharges, while flatbed contract rates edged up 3 cents to $3.80 per mile. DAT industry analyst Dean Croke noted that carriers are gaining pricing power, with the van spot-contract flip and flatbed record highlighting real capacity pressure.
Roper Technologies Inc