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Despite several wildfires breaking out across Southern California in recent days, the impact on trucking spot rates is not expected to exceed levels seen during the October wildfires in Northern California.
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Spot truckload freight volumes surged after Thanksgiving, as the number of loads posted on the DAT network of load boards jumped 64% for the week ending Dec. 2, according to newly release figures.
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While the short Thanksgiving workweek meant fewer loads and trucks posted on the spot truckload freight market demand for capacity boosted van and refrigerated freight rates, according to DAT Solutions and its network of load boards.
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The availability of spot truckload freight slipped 1.6% and the number of posted trucks rebounded 7.6% for the week ending Nov. 11, according to DAT Solutions and its network of load boards.
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The availability of spot truckload freight gained 4.8% and the number of trucks posted slipped 3.2%, while rates remained unseasonably high, for the week ending Nov. 4, according to DAT Solutions and its network of load boards.
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The availability of spot truckload freight dipped 1.8% while the number of trucks posted fell 2.4% during the week ending Oct. 28, according to DAT Solutions and its network of load boards.
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The availability of spot truckload freight fell 10% while the number of trucks posted gained 7% during the week ending Oct. 14, according to DAT Solutions and its network of load boards.
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Spot truckload rates hit multi-year highs during the week ending Oct. 7, according to DAT Solutions and its network of load boards, as the number of available loads fell.
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Truckstop.com, in partnership with FTR, has introduced the Rate Forecasting tool, which is designed to project spot market rates using historical paid rate data.
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The number of available loads on the spot truckload freight market jumped 5.4% for the week ending Sept. 30 while tight capacity moved freight rates higher, according to new numbers from DAT Solutions and its network of load boards.
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