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After a pandemic-induced dip in freight volumes, freight is expected to grow by 7.4% this year.
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While the COVID-19 pandemic has affected fleets both big and small, larger carriers seem to be seeing their volumes increase slightly higher, according to research from FourKites.
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The national average spot van rate hit its highest level since last January and load-to-truck ratios for all three equipment types surged during the week ending Dec. 8, according to DAT Solutions.
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Spot market rates for dry van and refrigerated shipments in June were the highest since January as capacity tightened due to the Roadcheck inspection blitz and increased demand.
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The DAT Freight Index for September shows that despite a slight slump in activity, rates remain high for most trucking segments.
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Intermodal freight volumes posted a strong fourth quarter that saw a growth rate of 5.8% year over year, according to an Intermodal Association of North America report.
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Freight shipments and expenditures edged up in June after three months of lackluster performance, hitting their highest levels of the year, according to the Cass Freight Index – but it remains unclear if this is part of a larger trend.
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Cargo volumes at the Port of New York and New Jersey hit a record pace during the first six months of 2015.
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North American freight volume and expenditures rose again in March as shipments picked up significantly from the West Coast ports, according to the latest readings of the Cass Freight Index.
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Freight volume fell 37% year-over-year in February and spot-market freight availability declined for the second consecutive month in February, according to DAT -- so why did rates rise compared to last year?
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