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As fuel costs fell last week, truckload rates remained steady across all major equipment types, according to a report by DAT.
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The fraudulent employers promise to reimburse the “shipping assistants”, but no money is ever reimbursed. When questioned, the scammers claim to be affiliated with the brokers or carriers whose identities and logos they have hijacked for that purpose.
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The amount of freight on the spot market has increased along with rates in two out of the three major categories.
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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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While there was more freight to haul over the past week on the spot market, freight rates moved little, according to the freight matching service provider DAT
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Spot market freight availability rose 1.9% in October, to a level that is atypically high for the season, according to the DAT North American Freight Index.
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While national average rates for vans and refrigerated rates dipped slightly, spot market capacity and demand on the DAT network of load boards remained seasonally elevated during the week ending Oct. 19.
Read More →American Trucking Associations has partnered with DAT, the operator of an industry spot marketplace, to include data about the spot market for trucking services in ATA's monthly Trucking Activity Report, ATA American Trucking Trends, and other information services ATA provides to its members and the public.
Read More →During the federal government shutdown, DAT, North America's largest online load-matching service, is publishing free weekly data that parallels the U.S. Dept. of Agriculture's Fruit and Vegetable Truckload Rate Report, which has been suspended until funding is restored.
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A shift in seasonal trends drove spot market freight volumes down 5.3% in September, as reported by the DAT North American Freight Index. Freight volumes remained stable throughout much of the third quarter, instead of a more typical decline in July that is followed by mixed trends in August and September.
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