
Spot market rates for dry van and refrigerated shipments in June were the highest since January as capacity tightened due to the Roadcheck inspection blitz and increased demand.
Read More →We’re nearly halfway through 2019, so HDT Editor in Chief Deborah Lockridge asked HDT’s Editorial Advisory Board what current trends and issues are most on their minds.
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With spot truckload freight volumes failing to meet expectations in May, DAT Solutions is looking to June to see if volumes from May were simply delayed.
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Enterprise shippers only chose the lowest spot market freight bid 25% of the time, showing a preference for a carrier with high quality service instead of always opting for the lowest rate, according to PostBidShip.
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Load availability on the spot market has been trending downward since August 2018, as capacity loosened and trucks became more available.
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The spot market has not enjoyed the usual boost provided by holiday shipping so far in December, with spot market rates falling for all three major trailer types.
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Spot market freight volume and rates fell for most equipment types last month, but holiday shipping is expected to give it a boost.
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Severe weather in Asia and the U.S. Eastern seaboard slowed seasonal freight flows in October, leading to truckload transportation delays at U.S. ports, according to DAT Solutions.
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The spot market continues to cool a bit, with fewer loads posted and lower national average spot truckload rates, according to DAT.
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National average van freight rates fell for the fifth week in a row, dropping 6 cents to $2.18 per mile for the week ending in Aug. 11, according to the latest numbers from DAT Solutions.
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