# Dry van spot rates hit $3.05 a mile, highest since Feb 2022: what it means for feed

DAT's national average dry van spot rate reached $3.05 per mile in October, the highest monthly average since February 2022, and contract rates matched a record. Fuel accounts for about 83 cents of the rate even as volumes fell year on year.

Published 2026-11-13 by the Feedsoft Markets Desk. Covers: DIESEL.

Video (29s): https://feedsoft.ai/media/social/150/tiktok-f1b9d3b759.mp4

## Transcript

- **$3.05 a mile** That was the average cost to book a dry van truck on the US spot market in October.
- **Highest since February 2022** DAT says it's the highest monthly average in over three and a half years. Contract rates matched a record too.
- **Fuel takes a big bite** About 83 cents of every mile is fuel. That's more than a quarter of the whole rate.
- **Fewer loads, higher rates** Volumes fell from a year ago, and rates still climbed. Spot rate means the price to book a truck now, with no contract.
- **What it means for feed** Trucking feed and grain inland costs more. Check the freight line on your delivered quotes.

Full analysis: https://feedsoft.ai/events/97047-dry-van-spot-rates-hit-3-05-a-mile-but-fuel-is-taking-a-big-share

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.