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Spot market freight volume remained relatively stable in September, edging down only 0.6% month over month as rates declined from both the month before and a year earlier, according to monthly numbers from DAT.
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National average spot market freight rates remained at high levels last week, holding steady in all three equipment categories after seeing a large increase in the first week of June.
Read More →A measure of how much freight is moved by the nation’s for-hire transportation industry hit a record high in September with a 0.3% increase from the month before, according to a new U.S. Transportation Department report.
Read More →A report on Class 8 freight volumes issued by ACT Research dovetails with other analysis released this week that signals motor carriers are starting to feel the effect of a slowdown in both import/export activity and in domestic manufacturing levels.
Read More →Aljex debuted its Capacity Hub software tool that allows brokers to search online for trucks and gauge spot availability.
Read More →Cheetah Software Services, Inc., a software-as-a-service (SaaS) transportation logistics solutions provider, announced that Central Freight Lines has implemented the Cheetah Freight solution
Read More →Schneider Logistics, Green Bay, WI, has acquired the freight payment services of Tranzact Systems, Ltd., a freight payment business that processes in excess of $4 billion in payments annually.
Read More →The owner of a freight broker bond company was indicted in U.S. District Court, Los Angeles, Calif. late last month in connection with a trust fund scheme.
Read More →When turnover costs are considered, driver-unfriendly freight is the least profitable freight a carrier hauls and is the main reason to reduce this type of freight. Although we cannot prove it statistically, there is evidence to
Read More →A monthly gauge of the spot freight market moved sharply higher in March, according to the freight matching service provider DAT Solutions, marking the first month-over-month increase of the year as shippers ramped up activity.
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