July Market Update 2025

In our July market update, Andy Berry, VP of Stutsman Logistics, looks at current and projected load-to-truck ratio and spot rate conditions. Could the rate spike we saw on the Fourth of July be a signal we’re reaching an equilibrium point?

ABOUT andy berry

With more than 30 years of experience, Andy brings expertise in operations management, freight, TL Transportation, pricing strategy, and air freight. He is a Certified Transportation Professional (CTP) from the National Private Truck Council (NPTC), making him 1 of the 1,500 people nationwide with this distinction. He’s a graduate of Ball State University in Muncie, Indiana, where he earned his degree in Economics. Today, he lives just outside of Indianapolis with Cedar Rapids, Iowa as his second home—supporting our in-office team at headquarters.

Want to discuss? Shoot Andy a message.

Sources:

DAT Freight & Analytics. (2025, March 4). DAT iQ market update with Micah Larsen: Ep. 347. [Video] YouTube. https://www.youtube.com/watch?v=tRYzcpCC5Rs&list=PLTpmz3tZwPhDYjh6QQskC2TZQu61gOCT1&index=3

DAT Freight & Analytics. (2025). Dry van load-to-truck ratios [Infographic]. https://www.dat.com/blog/dry-van-report-another-above-average-hurricane-season-is-on-the-horizon

FTR Transportation Intelligence. (2025). Dry van spot rates [Infographic]. https://freight.ftrintel.com/spotmarketinsights