In April, spot market freight availability improved by almost 25 percent over March levels, the highest spot market load volume recorded for the month of April in at least eight years
, according to TransCore Market Research.
From April 2009, spot market freight availability was up 291 percent in April. This represents the highest volume in a single month since November 2005, TransCore said. The improvements indicate a return to pre-recessionary levels on the spot market. Capacity constraints and higher freight rates are anticipated in many markets and for all equipment types, TransCore said.
According to TransCore, month-over-month increases are typical in this season, but this month's increase far outpaced the four-year average uptick of 11.5 percent between March and April.
Spot Market Freight Availability Up 25 Percent From March
In April, spot market freight availability improved by almost 25 percent over March levels, the highest spot market load volume recorded for the month of April in at least eight year
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