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The spring shipping season may be late, but it's here, especially in produce-distribution markets, according to the spot freight information reported by the DAT network of load boards.
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Spot truckload freight volume had the strongest April on record, despite slipping 6.8% lower, a common seasonal trend, according to newly released figures from the DAT North American Freight Index.
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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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A gauge of the spot truckload freight market fell slightly last month but remained above levels from the same time the previous two years.
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A monthly gauge of the spot freight market moved sharply higher in March, according to the freight matching service provider DAT Solutions, marking the first month-over-month increase of the year as shippers ramped up activity.
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A measure of the spot truckload freight market edged downward in January as the level of freight settled into a typical post-holiday pattern, though at significantly elevated levels compared to this time last year.
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Unseasonably high freight volumes combined with higher fuel prices and rough winter weather pushed spot truckload rates upward to start 2017, according to DAT Solutions and its network of load boards, while a separate measure showed the market improved for the sixth straight month in December.
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The amount of freight available to haul from the spot truckload market surged in November as rates generally moved higher, according to newly released figures from DAT Solutions and its network of load boards, while both slowed a little during the first full week in December.
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While October was the second strongest month for spot market freight availability so far this year there were only small improvements in rates, according to the freight matching service provider DAT Solutions and its North American Freight Index.
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Fallout from Hurricane Matthew and the Hanjin Shipping bankruptcy helped push spot market rates higher over the past week, according to the freight matching service provider DAT Solutions, while a separate report shows rates in September were mixed when compared to the previous month and a year ago.
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