
Truckload Rates Keep Rising as Tight Capacity Fuels Freight Market Recovery
Spot and contract rates continued climbing in May and June, not because freight demand is surging, but because fewer trucks and drivers are available.
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Spot and contract rates continued climbing in May and June, not because freight demand is surging, but because fewer trucks and drivers are available.
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Dean Croke, principal analyst for DAT Freight & Analytics, talks about what industry trends he sees in freight rate data.
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The total marginal cost of trucking grew by 12.7% in 2021 to $1.855 per mile, the highest on record, according to the American Transportation Research Institute.
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Truck driver wages rose significantly in 2021 as demand for drivers amid the ongoing driver shortage increased competition for talent, according to the 2022 ATA Driver Compensation Study.
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The acquisition of Noble further establishes PS Logistics in the 53-foot flatbed trailer market, enhancing its overlength service offerings throughout the U.S.
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Recession and inflation concerns are weighing on the profitability of small carriers in the spot market, according to a survey of owner-operators and small fleets.
Read More →If you think California’s AB5 law won’t affect you because you don’t run in the state or don’t use owner-operators, you might be surprised.
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The Women in Trucking Association's WIT Index shows 33.8% of C-suite executives in transportation companies are women, an increase of 1.5% compared with 2019.
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DAT introduced the DAT One app, combining 15 apps into one, making it easier and faster for small fleets and owner-operators to book loads and run their business on the road.
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A hub-to-hub model represents a practical starting point for the accelerated deployment of autonomous trucks, according to Uber Freight.
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The Women In Trucking Association is seeking nominations for the 2022 Influential Woman in Trucking award.
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