Spring is a busy time for truckload freight, and 2019 has been no exception. In March, freight volumes increased 4 percent for vans and 2 percent for refrigerated goods compared to February. Year over year, van and reefer volumes were just 2.5 percent and 3.4 percent lower in March-not bad, considering the record-level load-to-truck ratios ahead of last year's ELD enforcement deadline. Yet in March, the national average spot van rate fell 3 cents to $1.85 per mile and the reefer rate declined 4 cents to $2.17 per mile compared to February.
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