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Spot market freight availability remained strong in October, continuing a 15-month streak of record demand for truckload services, according to the freight matching service provider DAT Solutions.
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Spot freight rates are gathering some momentum following a recent lull, according to new figures released from the freight matching service provider DAT.
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The average spot van rate on DAT load boards was unchanged at $2.01 per mile for the week ending Nov. 1 compared to the previous seven days, according to DAT Solutions, which operates the DAT network of load boards
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Rates for spot market freight remain stagnant for the third straight week, according to a new snapshot of the market from the freight matching service provider DAT Solutions.
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The mainly less-than-truckload carrier ABF Freight has announced an increase in general rates and charges effective Nov. 3.
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Less-than-truckload carrier Con-way Freight said Friday it will implement a general rate increase averaging 4.7% for non-contractual business, effective Oct. 27.
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The Cass Truckload Linehaul Index, which measures changes in per-mile truckload linehaul rates, rose 6.7% year-over-year in September and increased 2.4% above the August level.
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Vans reported the biggest decline from Oct. 12 through Oct. 18 compared to the previous seven days, falling 1% to an average of $2.01 per mile, though the rate has been above the $2 per mile level for most of the year.
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They will increase an average of 4.9% for UPS Freight along with the company’s ground, air and international operations for shipments within and between the U.S., Canada and Puerto Rico.
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CORRECTED -- UPS Freight is expanding its Density-Based Rating (also known as dimensional weight pricing) pricing option to all its customers.
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