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Following an established seasonal pattern, spot market freight volume declined 15% in November from the month before, largely due to a drop in demand for flatbed trucks, but there were slight improvements in rates including into this month.
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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%.
Read More →Freight transportation capacity has been subject to enormous pressure from a number of sources for a little more than a year, leading to higher rates and even jeopardizing some long-standing business relationships
Read More →National average spot truckload rates for van, reefer, and flatbed freight all held steady for the week ending April 22, while prices in many major freight markets continued a slow springtime climb, according to DAT Solutions and its network load boards.
Read More →Load-matching technology provider Convoy said it has reached a major milestone: The company reports that its freight marketplace is automatically matching — without human intervention — 100% of loads to trucks in top markets.
Read More →The newly released November Cass Freight Index shows a drop in total freight expenditures of 0.7% and a corresponding decline in shipment volumes of 0.2%, however the level was higher than expected, pointing to strong finish for 2014.
Read More →FTR said preliminary Class 8 truck orders jumped 47% month over month and 159% year over year as improving freight conditions and clearer regulatory outlook boost fleet confidence.
Read More →Spot truckload freight rates appear to have stabilized after flatbeds trended slightly higher the past few weeks while vans and reefers moved downward, according to new figures from the freight matching service provider DAT Solutions.
Read More →New England Motor Freight (NEMF), a less-than-truckload carrier serving the Northeast, is moving its offices and terminal operations into a larger building
Read More →Old Dominion Freight Line Inc., Thomasville, N.C., has announced record financial results for the second quarter and six months ended June 30, 2004
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