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DAT: Truckload freight rates hit two-year highs as diesel costs surge

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DAT Freight & Analytics reported that truckload demand and rates rose in March 2026 as diesel costs surged. The DAT Truckload Volume Index climbed across equipment: Van +12%, Reefer +7%, Flatbed +18%. Spot and contract rates reached two‑year highs, driven mainly by fuel surcharge increases.

Spot van, reefer, and flatbed rates rose to $2.52, $2.97, and $3.09 per mile respectively; contract rates also increased, and fuel surcharges jumped markedly, compressing linehaul margins.

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Positive

  • Van TVI +12% month‑over‑month
  • Flatbed TVI +18% month‑over‑month
  • Spot van rate $2.52 per mile (up 53¢ YoY)
  • Contract rates rose across modes (van, reefer, flatbed)

Negative

  • Van fuel surcharge rose from 41¢ to 61¢ per mile
  • Fuel surcharge increases compressed linehaul margins
  • Linehaul (ex‑fuel) van and reefer rates declined month‑over‑month

News Market Reaction – ROP

-0.66%
-0.66% Session close to close

In the Apr 14 session, ROP declined 0.66%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement highlights broad-based strength in truckload freight, with March TVI readings of 2...
Analysis

This announcement highlights broad-based strength in truckload freight, with March TVI readings of 253 for vans and 314 for flatbeds and spot van rates at $2.52 per mile. Much of the pricing lift stems from sharply higher fuel surcharges, such as vans at $0.61 per mile, which compress linehaul margins. Compared with earlier 2026 DAT updates that showed modest improvement, this report suggests a more pronounced rate environment, but with clear sensitivity to diesel costs and contract pricing assumptions.

Key Figures

Van TVI: 253 Reefer TVI: 196 Flatbed TVI: 314 +5 more
8 metrics
Van TVI 253 March 2026 DAT Truckload Volume Index, up 12% vs February
Reefer TVI 196 March 2026 DAT Truckload Volume Index, up 7% vs February
Flatbed TVI 314 March 2026 DAT Truckload Volume Index, up 18% vs February
Spot van rate $2.52 per mile March national average, up $0.11 vs February
Spot reefer rate $2.97 per mile March national average, up $0.09 vs February
Spot flatbed rate $3.09 per mile March national average, up $0.37 vs February
Van fuel surcharge $0.61 per mile March average, up from $0.41 and highest since late 2022
Contract flatbed rate $3.43 per mile March contract rate, up $0.30 month over month

Historical Context

5 past events · Latest: Apr 02 (Neutral)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Apr 02 Earnings call schedule Neutral +0.6% Announcement of Q1 2026 results release and conference call details.
Apr 01 Freight rate update Positive +0.6% DAT and U.S. Bank report modest uptick in early-2026 truck freight rates.
Mar 30 Compliance certification Positive +2.2% Aderant completes SOC 2 Type 2 exam for Onyx cloud platform controls.
Mar 26 Product marketing event Positive +1.3% DAT showcases new tools and education sessions at MATS 2026 trucking show.
Mar 18 AI product launch Positive -0.6% Aderant introduces AI-powered evaluation and performance intelligence features.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent ROP news, including DAT freight updates and software milestones, has usually coincided with modest positive price reactions, with only one noted divergence.

Recent Company History

Over the past month, ROP-linked announcements have spanned DAT freight market updates, Aderant software milestones, and event marketing. DAT-related freight rate news on Apr 1, 2026 and MATS tools on Mar 26, 2026 both saw small gains of 0.57% and 1.25%. Aderant’s SOC 2 Type 2 report on Mar 30, 2026 aligned with a 2.19% rise, while an AI feature launch on Mar 18, 2026 coincided with a -0.6% move, showing occasional divergence.

Key Terms

spot rates, fuel surcharge, linehaul rates
3 terms
spot rates financial
"Spot rates, which are negotiated between the freight broker and carrier as all-in rates..."
Spot rates are the current prices or interest rates for buying or selling an asset or currency for immediate settlement, like the cash price you pay at a store today rather than a future promise to pay. Investors care because spot rates set the baseline for valuing investments, comparing returns across time, and pricing forward contracts or swaps; they reveal what the market demands now for taking on risk or providing liquidity.
fuel surcharge financial
"Spot rates... as all-in rates with no separate fuel surcharge..."
A fuel surcharge is an extra fee added to shipping, freight, or travel charges to offset changes in fuel costs, so companies don’t have to absorb sudden spikes. It matters to investors because it affects revenue and profit margins—showing how well a business can pass higher costs to customers—and can signal exposure to energy price swings that influence demand, pricing power, and short-term earnings volatility, like adding a flexible "gas tax" to a bill.
linehaul rates financial
"Van and reefer spot linehaul rates—the portion of the rate excluding fuel—surged..."
Linehaul rates are the charges for moving goods over the main part of a shipment’s journey—typically the long-distance transport between terminals or cities—excluding local pickup or delivery fees. For investors, these rates are a major driver of a carrier’s revenue and profit margins because they reflect demand for capacity, fuel and labor costs, and pricing power; think of them as the highway toll for freight that determines how much a transport business can earn per trip.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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PORTLAND, Ore., April 14, 2026 (GLOBE NEWSWIRE) -- Truckload freight volumes rose across all major equipment types in March while a sharp jump in fuel costs pushed spot and contract rates to their highest levels in more than two years, reported DAT Freight & Analytics, provider of the industry's leading load boards and freight analytics.

TVI Monthly Chart_VAN_MAR 2026

The DAT Truckload Volume Index (TVI), which measures demand for truckload services, increased month over month, reflecting strong early-season demand to move retail goods, produce, and construction and industrial equipment:

  • Van TVI: 253, up 12% compared to February
  • Reefer TVI: 196, up 7%
  • Flatbed TVI: 314, up 18%

Spot pricing: Fuel drives freight rates higher
National average truckload spot rates increased in March, driven almost entirely by fuel cost recovery:

  • Spot van rate: $2.52 per mile, up 11 cents from February
  • Spot reefer rate: $2.97 per mile, up 9 cents
  • Spot flatbed rate: $3.09 per mile, up 37 cents

Spot rates, which are negotiated between the freight broker and carrier as all-in rates with no separate fuel surcharge, were substantially higher across all modes year over year. The average spot van rate was up 53 cents from March 2025, the reefer rate was up 70 cents, and spot flatbed rates increased 56 cents.

Van and reefer spot linehaul rates—the portion of the rate excluding fuel—surged toward the end of March as shippers rounded out Q1, but actually declined month over month, falling 9 cents and 13 cents, respectively. Flatbed was the exception: the average linehaul rate rose 13 cents. “Linehaul rates were still under pressure through most of March, which tells you demand hasn’t fully caught up yet,” said Ken Adamo, DAT Chief of Analytics.

The national average diesel fuel surcharge surged across all equipment types, compressing linehaul margins even as total rates climbed. Last month’s average van fuel surcharge rose from 41 cents to 61 cents per mile, the highest since late 2022. The reefer surcharge climbed 22 cents, to 67 cents per mile, and the flatbed surcharge rose 24 cents, to 73 cents per mile.

“For context, monthly average van fuel surcharges averaged around 40 cents per mile throughout most of 2025,” Adamo said. “The March reading represents a 50% increase from that baseline.”

Contract rates: Moving higher with fuel
Contract freight rates increased sharply in March, driven largely by the same fuel-cost dynamics that affect the spot market.

  • Contract van rate: $2.72 per mile, up 20 cents month over month
  • Contract reefer rate: $3.10 per mile, up 22 cents
  • Contract flatbed rate: $3.43 per mile, up 30 cents

As shippers and carriers navigate RFP season in this environment, Adamo offered a pointed assessment of current trucking industry trends and freight pricing strategies. “Right now, the smartest players are pricing contracts based on where they believe the market is going and being transparent about those assumptions, leaving room to adjust if conditions change,” Adamo said.

For previous TVI reports, visit: https://www.dat.com/news-releases

About the Truckload Volume Index
The DAT Truckload Volume Index measures monthly changes in loads with a pickup date during that month. A baseline of 100 equals the number of loads moved in January 2015, based on data from DAT RateView, part of the DAT iQ freight analytics platform, which tracks rates paid on actual shipments. Benchmark spot rates reflect invoice data for hauls of 250 miles or more, offering a consistent view of truckload demand and spot rate trends across the United States and Canada.

About DAT Freight & Analytics
DAT Freight & Analytics operates the DAT One truckload freight marketplace; Convoy Platform, an automated freight-matching technology; DAT iQ analytics service; Trucker Tools load-visibility platform; and Outgo factoring and financial services for truckers. Shippers, transportation brokers, carriers, news organizations, and industry analysts rely on DAT for market trends and data insights, informed by nearly 700,000 daily load posts and a database exceeding $1 trillion in freight market transactions.

Founded in 1978, DAT is a business unit of Roper Technologies (Nasdaq: ROP), a constituent of the Nasdaq 100, S&P 500, and Fortune 1000. Headquartered in Portland, Oregon, DAT continues to set the standard for innovation in the trucking and logistics industry. Visit dat.com for more information.

Contact:
Georgia Jablon
904 305-6454
pr@dat.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/9b787594-95cb-432d-b936-e2395c33927e


FAQ

Why did DAT report truckload spot and contract rates rise in March 2026 for ROP?

Because diesel fuel surcharges surged, driving total rates higher while linehaul margins compressed. According to DAT Freight & Analytics, fuel surcharge increases were the primary driver behind higher spot and contract rates in March 2026.

What were the March 2026 DAT Truckload Volume Index readings by equipment and how do they affect ROP investors?

DAT reported Van TVI 253 (+12%), Reefer TVI 196 (+7%), Flatbed TVI 314 (+18%). According to DAT Freight & Analytics, these readings indicate stronger early‑season demand that may support freight pricing momentum.

How much did fuel surcharges change in March 2026 according to DAT and what is the impact on ROP margins?

Fuel surcharges rose sharply: van to 61¢, reefer to 67¢, flatbed to 73¢ per mile, compressing linehaul margins. According to DAT Freight & Analytics, higher surcharges offset part of linehaul revenue for carriers.

What were the March 2026 spot and contract rate levels DAT reported that affect ROP market outlook?

Spot rates: van $2.52, reefer $2.97, flatbed $3.09 per mile; contract rates also increased (van $2.72, reefer $3.10, flatbed $3.43). According to DAT Freight & Analytics, both spot and contract rates hit the highest levels in over two years.

Did DAT say linehaul rates excluding fuel improved in March 2026 and what does that mean for ROP investors?

No — DAT said van and reefer linehaul rates declined month‑over‑month while flatbed linehaul rose 13¢. According to DAT Freight & Analytics, this suggests demand pressure remains uneven despite higher total rates.