
This happened as total load volume on the spot market increased 7.2% with truck capacity up by 6.4%.
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Rates on the spot market have spiked over the past week, according to new figures from the freight-matching service provider DAT.
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While the amount of freight that’s available on the spot market has increased over the past week rates are mixed, according to the freight matching service provider DAT.
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Newly released figures from the freight-matching service provider DAT show rates on the spot market are down slightly over the past week in two the three major categories and while it unchanged in another.
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Spot market freight availability rose 24% in January, exceeding December levels for only the second time since 1996, according to new figures from the the freight-matching service provider DAT.
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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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