Despite higher freight volumes in several key markets, load postings fell 5% nationwide and truck posts dipped 1% during the week ending Oct 22, said DAT Solutions, which operates the industry’s largest electronic marketplace for spot truckload freig
“We saw 7% more van loads moving the first half of 2019 on the spot market than in the first half of 2018. We're still kind of surprised and you may be as well,” said Dorf, speaking this week at an ACT Research seminar. “But the load-to-truck ratio w
Truckload spot rates in July dropped a little more than 2 percent sequentially, according to DAT Solutions and a JOC.com review of lanes in the proprietary US Domestic Intermodal Savings Index.
Mark Montague, an analyst for DAT Solutions, says that may be the bigger impact for the U.S. trucking industry, rather than higher diesel prices. He says the issue could press diesel prices up 5 or 10 cents a gallon, but nothing that couldn’t “be off
The average spot market price to hire a big rig was off 18.5% in June from the same month a year ago, to $1.89 per mile, according to online freight marketplace DAT Solutions LLC. Last month on DAT’s platform there were about three loads for every av
"I think the bigger thing in our data is really been the weather patterns affecting those sharpest drops," Mark Montague, the senior industry pricing analyst at DAT Solutions, told Business Insider.
According to a survey administered by the freight marketplace DAT Solutions that polled drivers from 257 trucking companies, only 3% of truckers said they receive detention pay for at least 90% of their claims to the shippers.
Jubitz founded load board service DAT Solutions as a separate unit in 1978. Then it was known as Dial-a-Truck. It grew out of drivers at the truck stop looking for loads.
A healthy economy and the growth of e-commerce helped fuel last year's freight boom, says market analyst Peggy Dorf at DAT Solutions, an online freight marketplace.
There is a noticeable positive amid the negative data points: The number of shipments posted on DAT’s load board is up nearly 4 percent between January and May compared with a year ago; it’s simply that there are more trucks available.