Ascend is the name for a new dry van truckload carrier that aims to bring service and reliability to the rapidly expanding middle-mile market by focusing on technology and drivers.
If looking behind the Cass shipment and expenditures numbers means what HDT's Contributing Economic Analyst Jeff Kauffman thinks it does, long-haul carriers could benefit.
The DAT Truckload Volume Index in April was down 5%, falling from an all-time high set in March.
Spot truckload rates remained near all-time highs during the week ending May 3, one year after bottoming out as U.S. economies closed during the pandemic.
Truckload freight pricing rose and national average load-to-truck ratios for dry van and refrigerated freight hit record highs in February.
The DAT Truckload Volume Index, a measure of dry van, refrigerated and flatbed loads moved by truckload carriers, fell 2% in January from December 2020.
For the first time, the Truckload Carriers Association will be hosting an online component of its in-person Truckload convention scheduled for Las Vegas in April.
Spot truckload rates for dry van and refrigerated freight hit another high in October, according to DAT Freight & Analytics, while average flatbed rates also increased compared to September, they did not surpass 2018’s highs.
According to DAT Freight Trends for the week of June 1-7, average van, refrigerated, and flatbed rates have recovered to where they were prior to widespread shutdowns of the U.S. due to the COVID-19 outbreak.
Schneider’s new online marketplace FreightPower gives shippers access to an expanded, flexible capacity network, according to the company.
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