
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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Freight rates have posted their first across the board increases for the first time in several weeks on one of the nation’s largest spot markets.
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The amount of freight on the spot market has jumped considerably over the last week, but rates have improved little, according to freight matching service provider DAT's latest numbers.
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Total spot market loads available to haul increased 4.9% Oct. 27 through Nov. 2 compared to the previous seven days, while spot market capacity fell 2.3%.
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New figures from the freight matching service provider, DAT, show spot market load availability fell 5.7% Oct. 20 through 26, compared to the previous seven days.
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The amount of cargo to haul and rates paid for it, on one of the nation's largest spot markets, has declined across the board during the most recent seven-day period.
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The amount of freight, along with rates, are both generally down on the spot market, according to one of the nation’s largest freight matching services.
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