Fleet Owner: Spot truckload volumes hit 5-year high in October
October saw more spot market truckload shipments than any other month since January 2015, according to the DAT Truckload Volume Index, which reflects changes in the actual number of spot market loads moved each month.
Overdrive: Spot rates firming up as holiday season approaches with hot spots for reefers, flatbeds
The number of load posts on the spot market closed the month of October on a high note, increasing 16% during the week ending Nov. 3, said DAT Solutions, which operates the DAT marketplace for spot truckload freight.
Refrigerated Transporter: Load postings dip 5%, but spot reefer volumes are up
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
Fleet Owner: Rate Outlook Indicators point to mid-2020 recovery
“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
Journal of Commerce: Not enough trucks leaving market to dent oversupply
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.
Overdrive: Maritime diesel regs could impact on-highway disel prices, shift freight movement
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 Wall Street Journal: Truckers Wrestle with Oversupply of Big Rigs, Falling Freight Rates
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
Business Insider: Thousands of truck drivers have lost their jobs this year in the trucking ‘bloodbath’. Here’s what’s behind the slowdown in the $800 billion industry.
"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.
Business Insider: Truck drivers wait an average of 2.5 hours at warehouses without getting paid — here are the 20 cities where truckers wait the longest
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.
Landline Magazine: Catch the Spirit in Portland, Ore., at Jubitz Travel Center
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.