Freight Rates

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July 22, 2013

Two LTL Carriers Announce Rate Hikes of Near 6%

Two carriers serving the less-than-truckload markets have announced general rate hikes.

July 17, 2013

DAT North American Freight Index Rises Seasonally in June

Spot market freight volumes reported by the DAT North American Freight Index rose 2.2% in June, compared to May, according to newly released figures. Spot market rates rose 4.5% for vans.

July 11, 2013

Inadequate Rates of Return Keeping Fleets from Buying

Many carriers still not seeing adequate rates of return, nor any relief in their ability to renegotiate accessorial charges, according to the 2nd quarter industry survey by Transport Capital Partners.

July 10, 2013

Spot Freight Turns Around in Early July Following Disappointing June

Rates on one of the nation’s largest spot freight markets improved the first part of July after trending downward most of last month. DAT reports from June 30 through July 6 the average rate for van and flatbeds moved 3.2% higher, compared to the previous seven days.

July 10, 2013

No Change in FTR's Trucking Conditions Index for May

FTR's Trucking Conditions Index for May at 12.4 is unchanged from the previous month, continuing to reflect a positive environment for trucking -- one that, combined with the new hours of service regulations restricting capacity, should result in some higher rates.

June 21, 2013

Optimism Increases for Future Rate and Volume Growth

A new Transport Capital Partners survey shows better expectations among trucking company executives when it comes to rates and freight volume. TCP says this breaks a three-year trend of lowering expectations for volume growth in the second quarter. More carriers expect volumes for the second quarter to hold steady.

June 17, 2013

Old Dominion to Raise Rates based on Distance, Service

The increased rate provides for a nominal increase in intrastate, interstate and cross-border lane charges. The new rate will also offset the rising costs of new equipment and insurance, while preserving competitive wages and benefits for employees.

June 6, 2013

Freight Rail Rates Increased More Than Trucking Rates

New research shows that freight rail rates have skyrocketed over the past decade following dramatic consolidation in the railroad industry.

May 21, 2013

Teamster Local Leaders Approve ABF Contract, ABF Raising Rates

Leaders from about 160 Teamster locals that represent ABF members have unanimously endorsed a tentative master agreement and supplements covering 7,500 workers at the carrier ABF.

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