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Market Data

Freight Rates in 2026: What Shippers Are Paying Right Now

May 22, 2026  ·  6 min read  ·  IZY Logistics

If you have gotten a freight quote recently and wondered whether it is fair, this post gives you the real numbers. Here are the current national spot rates by equipment type, regional variations, and what is driving prices in 2026.

Current National Spot Rates — May 2026

All data sourced from DAT Trendlines, the industry most-cited spot rate index:

EquipmentSpot Rate (all-in)vs. Last Monthvs. Last Year
Dry Van FTL$2.68/mile▲ +6.3%▲ +12%
Refrigerated FTL$3.12/mile▲ +4.7%▲ +8%
Flatbed FTL$3.46/mile▲ +12.0%▲ +27%
Power Only~$2.10–$2.30/mileSteady▲ +5%

Regional Rate Variations

RegionDry VanFlatbedReefer
Midwest$2.47–$2.77/mile$3.52/mile (highest)$3.37/mile
Southeast$2.65–$2.90/mile$3.40/mile$3.10/mile
Northeast$2.19–$2.50/mile$3.60/mile$2.95/mile (lowest)
Southwest (TX/AZ)$2.70–$3.00/mile$3.30/mile$3.20/mile
West Coast$3.00–$3.50/mile$3.80/mile$3.50/mile

What Is Driving Rates Up in 2026

Flatbed is the biggest story. Flatbed spot rates are up 27% year-over-year in May 2026 according to DAT — the fastest growth of any equipment type. The driver: data center construction. AI infrastructure spending is generating massive demand for structural steel, transformers, switchgear, and industrial equipment. Every data center going up in Virginia, Texas, or Arizona needs flatbeds to deliver materials.

Carrier capacity is tightening. Capacity remains 89.6% tighter year-over-year for dry van and 145.5% tighter for reefer compared to last year according to DAT Trendlines. Fewer trucks competing for the same loads means higher rates.

Diesel is up sharply. National average diesel reached $5.40/gallon in late April 2026 — up $1.86 versus one year ago. Fuel surcharges on all equipment types are elevated as a result.

Contract vs Spot: The Gap Is Closing

Contract rates are averaging $2.63/mile for dry van nationally — just $0.16 above spot. When this gap is narrow, shippers with contracts get limited protection against spot volatility. C.H. Robinson projects +8% year-over-year growth in dry van contract rates for 2026. If your freight contract renews in Q3 or Q4, expect carriers to push for 8–12% increases.

Rate Outlook: Rest of 2026

Industry consensus points to rates continuing to firm through Q3 and Q4. Capacity tightening, seasonal produce and retail demand, and sustained infrastructure spending all support higher rates. Shippers who lock in contract pricing now will likely benefit versus waiting for spot exposure in peak season.


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