Flatbed Market Tightens, Reefer Rejection Rates High
Flatbed spot rates are rising to $2.33/mi, while reefer rejection rates are at 25%, creating opportunities on those lanes.
Flatbed demand is up due to increased construction and energy sector activity, particularly in Texas and the Southeast. This is putting upward pressure on rates as capacity tightens. Reefer rejection rates are elevated because of produce season in California and Arizona, coupled with stricter food safety regulations. Shippers are struggling to find carriers willing to meet the requirements at current rates. Spot rates could climb even higher if diesel prices continue their recent ascent, further incentivizing drivers to seek the most lucrative lanes. Monitoring fuel costs and factoring them into your rate negotiations is crucial.
