Freight Rates

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July 30, 2014

Spot Freight Rates Hit Seasonal Slump

Freight rates on the spot market, along with the number of loads available, have hit their typical seasonal slump, according to new figures released from the freight-matching service provider DAT.

July 16, 2014

Spot Freight Rates Down Over Past Week, June Performance Higher

Spot market freight rates has declined across the board in the most recent week, following healthy gains the week before, according to the freight matching service provider DAT.

July 9, 2014

Spot Freight Rates Soar Over Past Week

Rates on the spot market soared over the past week, according to new figures from the freight-matching service provider DAT. Flatbeds led the hikes gaining 4.1% June 29 through July 5, compared to the previous seven days, hitting $2.54 per mile.

July 1, 2014

Driver Shortage: Already Over the Cliff?

One fleet manager says the driver shortage is even worse than is publicly being reported, with rates going through the roof on some lanes, because both fleets and shippers want to maintain a competitive advantage.

June 18, 2014

UPS Moving More to Dimensional Pricing

Package delivery giant UPS on Tuesday said beginning December 29, in the United States, dimensional weight will be used to calculate the billable weight of a shipment on all UPS Ground services and UPS Standard to Canada packages.

June 18, 2014

Truckload Linehaul, Intermodal Costs Higher Than a Year Ago

Compared to the same time last year, truckload linehaul costs in May averaged 5.8% higher, an increase that is consistent with those of 5.7% in April and 6% in March, according to the latest Cass Truckload Linehaul Index.

June 18, 2014

Spot Market Van Rates Near Record High

They increased 1.1% during the second week in June compared to the first week, for an average of $2.07 per mile, with it made up of $1.59 per mile for the linehaul charge and 48 cents for the fuel surcharge.

June 11, 2014

Spot Freight Rates Continue Surging

Rates for spot market freight moved significantly higher over the past week following big gains over the past month, according to the freight matching service provider DAT.

June 9, 2014

Cass Freight Index Increases, Shipment Volume Highest Since 2011

North American freight shipments and expenditures continued to buck the historic trend and increased again in May, according to the latest Cass Freight Index.

May 28, 2014

Spot Freight Rates at Highest Levels in Last Four Weeks

A hike in the average rate for refrigerated cargo leads increases in all three categories for spot freight, according to new figures released by the freight matching service provider DAT.

May 19, 2014

Truckload Linehaul, Intermodal Rates Hit New Highs

Truckload linehaul rates rose 5.7% in April compared to the same time in 2013 and are up 4.6% since February, according to new readings from the Cass Truckload Linehaul Index.

May 19, 2014

Index Negative for Shippers, Positive for Trucking

A measure of business conditions for shippers remained deep in negative territory in March, meaning the climate favored trucking companies, according to a newly released report.

May 7, 2014

Spot Freight Rates Improve Little From Last Week, But April Up Year Over Year

Freight rates on the spot market gained little ground or fell over the past week, according to new numbers from the freight matching service providers DAT, but they gained significantly last month compared to a year earlier.

April 17, 2014

Truckload Linehaul, Intermodal Price Indices Hit New Highs

Truckload linehaul rates spiked in March, with the Cass Truckload Linehaul Index surpassing the 120 mark, showing a 6% year-over-year increase.

April 14, 2014

ODFL Increasing Rates Next Month by 4.3%

Less-than-truckload carrier Old Dominion Freight Line will increase its base rates by an average of 4.3% effective May 1.

April 8, 2014

Will ODFL Underprice its LTL Rivals Once Again?

The less-than-truckload industry is watching to see what move Old Dominion Freight Lines makes in the annual spring tariff-hike season.

April 2, 2014

Trucking Conditions Index Reflects Unprecedented Capacity Constraints

A new report shows business conditions in the trucking industry remain positive, despite a slight downturn, amid warnings of a possible capacity shortage.

March 31, 2014

Survey Shows Increased Optimism over Better Freight Rates and Volume

Newly published results from a survey conducted by the trucking consultancy group Transport Capital Partners show increased optimism among trucking executives when it comes to higher freight rates and volumes.

March 17, 2014

Con-way Joins Rate Increase Bandwagon

Con-way Freight has become the latest less-than-truckload carrier to announce it is increasing rates. It will institute a general rate hike, averaging 5.4%, applicable to non-contractual business, effective March 31.

March 14, 2014

UPS Freight Increasing Rates

UPS Freight will implement a general rate increase effective March 31. The 4.4% increase applies to non-contractual less-than-truckload shipments rated on the current UPS Freight tariffs.

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