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The number of available spot market loads slipped 2% while posted capacity was flat during the week ending April 23, according to DAT Solutions and it of load boards, leaving rates nearly unchanged.
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A decline in available freight and an increase in truck capacity pushed spot truckload rates down across all three equipment types during the week ending April 16, according to DAT Solutions and its network of load boards.
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A measure of truckload linehaul rates moved lower last month compared to a year earlier for the first time since May 2010 as intermodal freight rates continued their downward slide.
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Growth in freight shipments slowed in March, according to the latest Cass Freight Index Report, while freight spending turned negative – but a longer-term view of cargo movements and the overall economy appears at least somewhat brighter.
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Spot freight rates eased off the gas as spot truckload volume dipped 1% and the number of posted trucks increased 6.2% for the week ending April 9, according to DAT Solutions and its network of load boards.
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Spot market freight volume got a 38% percent boost from seasonal freight in March, but the DAT North American Freight Index remains at one of its lowest levels in years, according to newly released figures.
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Spot truckload volume increased 11% during the week ending April 2 as shippers moved freight out the door to close the first quarter on a high note, according to DAT Solutions and its network of load boards.
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A rally for spot truckload rates and load-to-truck ratios seen the week before turned out to be short lived with overall lower freight volume moving lower for the week ending March 26, according to DAT Solutions and its network of load boards.
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Led by strong regional demand, spot truckload rates rose across all three equipment types during the week ending March 19, hitting their highest levels in at least a month, according to DAT Solutions and its network of load boards.
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Truckload linehaul freight rates have fallen again and are barely higher than a year ago, while rates for intermodal shipments have dropped for the 14th straight month, according to the latest Cass indexes.
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