In the News

Heavy Duty Trucking: Do Low Spot Freight Rates Mean Brokers Are Gouging Truckers?

April spot freight rates are the lowest in four to five years.

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Commercial Carrier Journal: Broker blues: Carriers cry foul on brokers as COVID-19 stall erodes spot market rates

“The pendulum swings both ways,” said Ken Adamo, chief of analytics at DAT. For instance, he said, the sudden deluge of loads in early March — freight like bottled water, toilet paper and refrigerated foods — caused rates to spike on the spot market

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Transport Dive: Trucking demand craters, rates follow

Demand for trucking cratered in April. DAT's load-to-truck ratio, a measure of demand, was down 32% year over year (YoY) for vans, down 33% YoY for reefers and down 72% YoY for flatbeds.

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Talk Business & Politics: J.B. Hunt evaluates priorities amid COVID-19, trucking groups release new research

J.B. Hunt evaluates priorities amid COVID-19, trucking groups release new research

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Overdrive Magazine: Some markets show growth in freight volume, but rates still lag

The national average spot van rate hovered around $1.50 a mile during the week ending May 3, a four-year low despite improving freight volumes, said DAT Solutions, which operates the DAT load board network.

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Land Line: Truckload volumes make gains, but rates lag

To say it’s not a trucker’s market right now is a mighty big understatement. Truckload rates tell the story.

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Transport Topics: US Economy Sliding Further, Experts Say

The U.S. economy is likely in the midst of its deepest recession since the end of World War II, when modern records that tracked the nation’s gross domestic product and unemployment rates were standardized.

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The Trucker: Drivers, other industry insiders weigh in on issue of dropping freight rates

The stories from owner-operators about low freight rates abound.

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CNBC: Small truckers may be at risk of bankruptcy without aid amid coronavirus pandemic

CNBC’s Frank Holland reports that small truck companies may face bankruptcy without government aid.

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Food Shippers of America (Summer 2020 Issue): Freight Transportation After COVID-19

Supply chain operations were just returning to normal in 2019, after a turbulent, two-year period of rising rates and intermittent capacity shortages. Then along came the coronavirus outbreak, and everything changed.

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