Journal of Commerce: US truckload rates forecast to rise in 2020
Both the Coyote Curve fourth-quarter forecast and DAT Solutions 2020 Forecast show contract truckload rates rising sometime after the mid-year point in 2020.
Both the Coyote Curve fourth-quarter forecast and DAT Solutions 2020 Forecast show contract truckload rates rising sometime after the mid-year point in 2020.
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.
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.
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.