August Demand Stays Hot for Truck Freight
Load-to-truck ratios declined for vans and flatbeds on DAT load boards last week, but the average ratio rose for reefers.
Load-to-truck ratios declined for vans and flatbeds on DAT load boards last week, but the average ratio rose for reefers.
We expected the sizzling hot freight market to cool off a little, and it did. An 8% drop in load
July ended and August began, so you might have expected a quiet week. Nope. Load posts edged down on DAT
While volume increased last week on the top 100 lanes, rates started to move down by the end of last
Flatbed volumes didn’t slip as expected in the first half of July. Instead, there were almost 50% more loads last
Truckers will have until 2019 to install electronic logging devices (ELD) if newly proposed legislation becomes law. The ELD Extension
Flatbed freight volume and rates gained some traction in June, after a couple of slow months. Texas had the biggest
Reefer rates rose 10¢ per mile in June, compared to May, landing at $2.12, the highest monthly average in almost
Friday was the end of the second quarter, and also the start of the July 4th holiday weekend. The combination
Georgia beat out Texas to become the number-one state for reefer loads last week, with California as a distant third.
Freight volume continues to be strong for vans, especially in the South, where some rough weather disrupted freight movements last
Winter Storm Stella kept a lot of freight from moving early last week, which stalled volume in markets along the