Freight rates on the spot market in April plunged to five-year lows, thanks to plummeting demand caused by the COVID-19 pandemic. It's so bad, owner-operators have been protesting all over the country, calling for more broker regulation. But is it really a broker problem? Or classic supply and demand?
Vans Surge as Spot Freight Availability Increases
Flatbed markets remained strong and van markets surged as overall spot freight availability rose 12% and capacity stayed flat, according to the latest numbers from DAT Solutions.