The Wall Street Journal: Freight Market Shifts into Lower Gear
Prices on the spot trucking market, where businesses book last-minute transportation, were down 16% in April compared with the prior year, according to online freight marketplace DAT Solutions LLC.
Journal of Commerce: US surface freight contraction deepens in spring
The plunge in truckload spot rates — DAT Solutions' dry-van average spot rate was down 19 percent year over year in April at $1.80 per gallon, and $1.49 per gallon before fuel surcharges — has led to pricing that Broughton called “unsustainable."
DC Velocity: U.S. Freight Market to Stay in Positive Territory through 2020
Brokers to see drop from historic business climate of 2018, but market strong enough to handle challenges in regulations, weather and politics, DAT says.
Trucks.com: Q1 Truck Orders Plunge as Industry Works Down Backlog
Spot freight rates began falling in late 2018 and continued to decline through the first quarter, according to DAT Solutions, which tracks load prices.
The Wall Street Journal: Will Truckers Trade Futures? A New Market Seeks to Draw Freight Bets
Average national trucking costs hit a record $2.32 per mile in June 2018, up 29% from a year earlier, according to DAT. Since then the market has cooled, with costs averaging $1.87 per mile so far this month.
Commercial Carrier Journal: Working Through the Roadblocks of Digital Freight Matching
The freight matching process begins with pricing. Whenever ShipEx Logistics gets a new business opportunity from a customer or prospect, a salesperson uses DAT RateView to analyze historical rate trends for specific lanes.
Trucks.com: Drug Testing, Hours-of-Service Reform Key Trucking Issues in 2019
Regulation remains a key concern of the trucking industry, including Federal and state rules governing driver hours and pay, according to DAT Solutions, a Portland, Ore.-based company that matches freight with carriers.
Trucks.com: Freight Growth to Slow in New Year After Smashing Records in 2018
Following a record year for freight demand and the highest tonnage in two decades, the trucking industry expects to see slower growth in 2019, a result of economic uncertainty.
Freight Waves: DAT celebrates 40 years of innovation
Back in the day, brokers seeking truck drivers used to post index cards describing available loads on bulletin boards at truck stops around the country. It was a messy and inefficient system, but in 1978, a Portland, OR., company called Dial-a-Truck, or DAT, thought there must be a better way.