Latest

US Trucker

News & Resources for American Truck Drivers

Flatbed Freight Hits Two-Year High as Spot Market Shifts

While dry van and reefer segments experience a temporary cooling, open-deck operators are seeing the strongest earnings potential since late 2022.

Trucking photo

CHICAGO, IL — The spot market is undergoing a clear divergence in performance as of September 8, 2026, with flatbed freight surging to its highest levels in nearly four years while other equipment types experience a seasonal correction. Data compiled by FTR Transportation Intelligence and DAT Freight & Analytics confirms that flatbed load activity has climbed for six consecutive weeks, effectively offsetting softer conditions currently impacting the dry van and refrigerated sectors.

Market volatility remains a constant for any OTR truck driver navigating the current landscape, yet the broader data suggests a market that is settling rather than crashing. While dry van rates retreated by roughly 3.6 cents per mile according to FTR, and load volumes dipped by 4.6%, these figures remain 19% higher than the same period last year. Refrigerated freight is tracking a similar path, with rates sliding 4.4 cents per mile as volume growth cools, though reefer rates still maintain a significant 26% year-over-year advantage.

The standout performer is the flatbed sector, which saw spot rates climb over 5 cents per mile last week alone. DAT reports that national flatbed rates have hit $2.33 per mile, marking five straight weeks of growth. This sustained momentum has pushed flatbed capacity to its most profitable position since October 2022, providing a much-needed buffer for owner-operator businesses currently facing fluctuating fuel costs and maintenance overheads.

What This Means for Drivers

For the average CDL-A driver, the current market reality demands a sharp eye on equipment-specific lane data. Those pulling flatbeds are currently in the driver's seat, enjoying sustained demand that has held firm for over a month. Conversely, dry van and reefer operators should expect tighter margins in the coming weeks as the market continues to recalibrate from earlier gains. Keeping track of regional demand—particularly in the Southeast and West Coast regions where reefer freight remains resilient—can help drivers maximize their weekly settlements despite the national cooling trend.

Industry Reaction

Industry analysts note that while the week-to-week fluctuations in spot rates can look discouraging, the year-over-year comparisons paint a more stable picture for professional drivers. The ability of flatbed freight to carry the market suggests that industrial and construction-related shipping activity is outpacing consumer-goods logistics. As more trucking companies are hiring to meet this specific demand, drivers should weigh the benefits of transitioning to open-deck equipment if they want to capture the current rate premiums. The shift underscores the importance of staying informed through resources like ustrucker.info to navigate these cyclical changes effectively.

Key Points

  • Flatbed rates reached their highest performance level since October 2022.
  • National flatbed spot rates rose 4 cents to $2.33 per mile, marking five consecutive weeks of growth.
  • Dry van spot rates are currently 19% higher than this time last year, despite a recent 3.6-cent dip.
  • Refrigerated freight volumes dropped 2.4%, but rates remain 26% higher year-over-year due to localized strength in the West and Southeast.

Looking for a better trucking job? US Trucker's free job-matching service connects CDL-A drivers, OTR drivers, regional drivers, and owner-operators with 500+ top US carriers. Leave your details in the form on this page and a recruiter will call you within one business day. Trucking companies are hiring now.

Photo by Sami Aksu on Pexels

✍️
Pete Lindqvist
Fleet technology correspondent covering ELDs, telematics, autonomous trucking, and the gear that's changing life in the cab. Pete holds an active Class A CDL and tests equipment on working routes.