Contributor: Robert Martin

Robert Martin

Robert Martin is a seasoned supply chain professional with a proven track record of building successful teams within great companies in the logistics space. With a diverse background spanning various leadership roles at early-stage startups and large enterprises, he has an extensive background in customer sales, operations, and strategic planning. Robert specializes in rate forecasting and the economics of the transportation market.

Reibus: Flatbed, dry van rates ticked up post-hurricanes

After closing the third quarter -3.84% on a y/y basis, our first look at fourth-quarter flatbed spot rates puts us virtually flat y/y, coming in at -0.68%.

Reibus: Could seasonal shipping peaks drive up spot market rates?

Flatbed rates remain roughly 20% higher than dry van but have stayed relatively calm for the first half of 2024, rising just 5% in the first half of the year and remaining negative on a year-over-year basis.

Reibus May logistics market update

Roughly halfway through Q2, flatbed rates are holding firm, currently showing no change from April to May and a slight increase quarter-over-quarter (q/q).

Reibus logistics update: Inflation makes a comeback

As we navigate through the first half of 2024, we are seeing early signs of an inflationary rate environment for flatbed shipping, albeit slightly later than anticipated. Excess supply has persisted longer than expected for both flatbed and dry van, resulting in rates remaining lower than for longer than anticipated.

Martin on logistics: What’s driving flatbed rates

The spot rate trend in the flatbeds has seen a positive upturn. There are potential rate accelerators and decelerators, however, likely to influence spot and contract flatbed rates. The flatbed market for spot rates is showing signs of improvement as we move through the new year. February increased slightly from January, marking the third consecutive […]