WHAT ARE WE TO MAKE OF THE DATA πŸ“‰ ON LAND FREIGHT OUT OF MEXICO πŸ‡²πŸ‡½

 





The frontloading of flatbed shipments from Mexico and Canada to avoid higher US tariffs is driving up spot rates. 


A surge of flatbed cargoes, ranging from coil beams to farm equipment to automobiles, has pushed up spot rates 9% year over year to $2.19 per mile, according to DAT Freight & Analytics, as displayed on Gateway. 



Truckload and less-than-truckload 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. 





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