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The number of loads on the DAT network of load boards increased 3.2% and load-to-truck ratios moved higher for all three equipment types during the week ending April 7, which caused rates to spike.
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The number of trucks on the spot truckload freight market did not keep pace with demand from shippers wanting to move goods before the end of the first quarter and the start of Easter holidays, sending rates and load-to-truck ratios higher.
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The number of loads on the spot truckload freight market jumped 3.6% during the week ending March 24 while truck capacity increased 1.3%, according to DAT Solutions.
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Spot truckload freight volume slipped 1.2% and truck posts increased 2% for the week ending March 17, according to DAT Solutions and its load boards, while load-to-truck ratios and rates were relatively even, although both are considerably higher compared to a year ago.
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Flatbed load availability and rates made big gains and the flatbed load-to-truck ratio hit a new record during the week ending March 10, according to DAT Solutions and its network of load boards, while a separate report for last month showed a drop in rates but they remained above year-ago levels.
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The number of loads on the spot truckload freight market surged 7.6% during the week ending March 3 as rates appear poised to rebound, according to DAT Solutions, which operates the DAT network of load boards.
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The national average rate for spot flatbed loads increased for the third straight week and the flatbed load-to-truck ratio topped 70 to 1 during the week ending Feb. 24, according to DAT Solutions and its network of load boards.
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National average spot van and refrigerated truckload rates fell during the week ending Feb. 17 but remain well ahead of last year’s levels, according to DAT Solutions and its network of load boards.
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Spot market truckload freight rates continued moving lower for the week ending Feb. 10, according to load board operator DAT Solutions, despite a slight increase in available freight and a drop in truck capacity.
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Spot truckload rates for van, refrigerated, and flatbed freight set new records in January as capacity remained tight due to shipper demand and fallout from the electronic logging device mandate, according to load board operator DAT Solutions.
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