Weekly Spot Market Freight Volumes Hit Two-Year High
Truckload freight availability on TransCore's DAT Network of load boards increased by 12 percent nationwide in the week ending March 5, showing the strongest load volume for a single week since TransCore began reporting weekly levels in January 2008
Truckload freight availability on TransCore's DAT Network of load boards increased by 12 percent nationwide in the week ending March 5, showing the strongest load volume for a single week since TransCore began reporting weekly levels in January 2008.
According to TransCore Trendlines, a weekly barometer for spot market freight trends, load volumes increased for all equipment types in the week ending March 5, led by a 15 percent increase in freight designated for vans. Conversely, truckload freight capacity declined by 7 percent on the spot market, compared to the previous week, indicating a continued tightening of truckload capacity.
The load-to-truck ratio increased for both dry vans and refrigerated vans, by 22 percent and 23 percent respectively, compared to the previous week; the ratio for flatbeds increased by 15 percent.
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