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Freight rates and the number of load available on the spot market posted impressive gains over the past week, according to just released numbers from the freight-matching service provider DAT.
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Recurring storms and strong month-end demand for capacity helped keep rates elevated on the spot truckload market during the week ending Feb. 1 compared to the previous seven days, according to a composite of the DAT network of load boards.
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After a strong start to the month, freight activity and rates on the spot truckload market tapered off during the week ending Jan. 25 compared to the previous seven days.
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Freight activity and rates on the spot market remained elevated last week after a surge of freight following winter storms the week before, according to the freight matching service provider DAT.
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Activity on the spot market skyrocketed the first full week of the year, according to new figures from the freight-matching service provider DAT, but rates lagged.
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Rates in the three major categories on one of the nation’s leading spot markets for freight increased or held steady over the past week, according to newly released figures.
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Rates on one of the nation’s largest spot freight markets increased in all three major categories, according to newly released figures.
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Spot market freight activity continued picking up steam the second week of December, following some improvements the week before as well as in November.
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The FMCSA has revoked the operating authority of 8,180 brokers since Dec. 2, the date the federal agency began revoking authority from brokers without a $75,000 bond.
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Van rates on the spot market surged the first week of December, according to the freight-matching service provider DAT. Total spot market loads available increased 16% and spot market capacity increased 5.2%, while load-to-truck ratios increased across the board.
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