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The amount of freight available on the spot market has increased, but rates are doing anything but following in the same footsteps, hitting their lowest levels in at least four weeks.
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Recent reports on freight movements, shipper spending and even the spot market can be downright confusing if you’re trying to figure what’s happening to the nation’s freight market and overall economic health.
Read More →The level of for-hire freight shipments in the U.S during July hit another record high, according to new Transportation Department figures, eclipsing two previous records set just earlier this year.
Read More →Transportation Secretary Ray LaHood announced the members of the National Freight Advisory Committee, which will provide advice and recommendations aimed at improving the national freight transportation system.
Read More →Led by strong regional demand, spot truckload rates rose across all three equipment types during the week ending March 19, hitting their highest levels in at least a month, according to DAT Solutions and its network of load boards.
Read More →When is trucking going to get out of the "sluggish morass" when it comes to freight and rates? The analysts at FTR shared their projections on economic and freight indicators and forecasts.
Read More →Spot truckload freight rates and volume both saw no improvements for the week ending May 21 compared to the previous week, according to DAT Solutions and network of load boards. However, load-to-truck ratios increased and diesel prices have been rising sharply, an indication that spot rates may pick up soon.
Read More →The number of available loads on the spot market jumped 7.1% during the week ending April 1 as shippers worked to finish Q1 on a high note, according to DAT Solutions and based on its network of load boards.
Read More →Convoy has added dedicated freight to its digital freight network, increasing opportunities for recurring work that was previously inaccessible to small fleets and owner-operators.
Read More →The spot truckload freight market returned to seasonal norms during the week ending July 15 as the number of posted loads increased 35% and truck posts added 28%, according to DAT Solutions and its network of load boards.
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