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National average spot truckload rates drifted down during the week ending April 18 compared to the previous week, according to new figures from DAT Solutions and its network of load boards.
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Rates on the spot freight market continue crawling slowly upward in the flatbed sector but remain stagnant in the other two major categories.
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North American freight volume and expenditures rose again in March as shipments picked up significantly from the West Coast ports, according to the latest readings of the Cass Freight Index.
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The FTR Trucking Conditions Index for February fell slightly in February to a reading of 7.4, reflecting a softening capacity utilization caused by fluctuating diesel prices and the suspension of controversial provisions of the 34-hour restart.
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Rates on the spot freight market posted gains last month compared to February and the same time a year earlier, according to the latest reading of the DAT North American Freight Index, based on activity from its load boards.
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The spot truckload freight market followed seasonal patterns during the week ending April 4 as load availability increased and capacity tightened, according to load board operator DAT Solutions.
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Flatbed markets remained strong and van markets surged as overall spot freight availability rose 12% and capacity stayed flat, according to the latest numbers from DAT Solutions.
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In a mixed week for the spot market, Flatbeds saw the only gain again continuing the trend in demand for the trailer type.
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A measure of freight rates in one trucking sector improved in February over the past year, but declined from the month before.
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The average flatbed rate on the spot market picked up a little more steam while rates in the other two sectors remained stable as both the number of loads to move and truck capacity increased.
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