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The new Dynamic Rating Engine will digitize everything from rate agreements to invoicing and driver payments for final-mile delivery fleets.
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Many carriers still not seeing adequate rates of return, nor any relief in their ability to renegotiate accessorial charges, according to the 2nd quarter industry survey by Transport Capital Partners.
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UPS Freight and ABF announced separately that they will revise their general rates and charges. A general rate increase of 5.9% was announced for non-contractual shipments in the United States, Canada and Mexico. ABF stated that the effect on specific lanes and shipments will vary.
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The number of loads available on one spot market board has surged over the previous week but rates are stagnant during the same time. DAT/Transcore reports May 12 through 18 the number of loads available in the U.S. increased 6.7% from the previous week.
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Rates on one of the nation’s biggest spot freight markets took an across-the-board decline last week while load volume barely edged higher.
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Spot market freight volumes reported by the DAT North American Freight Index finished the first quarter of 2013 up 7.7% compared to the first quarter of 2012 and rose 11% over the previous quarter.
Read More →The amount of freight on one of the nation’s biggest spot market providers shows the number of loads available has fallen dramatically over the past week.
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The freight-matching service provider DAT TransCore new North American Freight Index shows a return to post-recession freight volumes during February, following a record-setting January.
Read More →FTR’s Trucking Conditions Index for December came in with a reading of 8.38, which the transportation forecasting group says is reflective of the current good environment for truckers.
Read More →Epes Transport System will increase mileage-based independent contractor rates by 2 cents to $0.92 per mile. The company's Northeast premium pay will increase by 10 cents per mile.
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