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Spot truckload freight rates posted impressive gains the first week of this month despite a small but typical decline compared to the week before, according to DAT Solutions and its network of load boards, as shippers rushed to move cargo before closing their books on the first quarter.
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The number of available loads on the spot market jumped 7.1% during the week ending April 1 as shippers worked to finish Q1 on a high note, according to DAT Solutions and based on its network of load boards.
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A measure of truckload linehaul rates fell again in February, but it is expected to improve, according to newly issued figures, while a gauge of intermodal rates posted its largest gain in just over four years.
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After a 17% jump the previous week, spot truckload freight volume increased a modest 1.3% during the week ending March 11 while rates gave back at least part of their gains from the week before, according to DAT Solutions' network of load boards.
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Spot truckload freight volume jumped 17% for the week ending March 4 compared to the previous week while rates responded with the first week-over-week increase in national averages in more than a month, according to DAT Solutions and its network of load boards.
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Spot truckload freight volumes improved a bit during the week ending Feb. 25 thanks to a 7% gain in flatbed load posts, according to DAT Solutions and its network of load boards, but rates were virtually unchanged.
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Spot truckload freight rates appear to have stabilized after flatbeds trended slightly higher the past few weeks while vans and reefers moved downward, according to new figures from the freight matching service provider DAT Solutions.
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Intermodal rates rose in January by the largest amount in more than two years, while truckload linehaul rates retreated, according to one measure.
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The flatbed market continued to be the brightest of the three major spot truckload sectors last week, according to new numbers released by DAT Solutions, based on activity from its load boards.
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A measure of the spot truckload freight market edged downward in January as the level of freight settled into a typical post-holiday pattern, though at significantly elevated levels compared to this time last year.
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