The shift of containerized freight from the West Coast to the Gulf Coast and Southeast is absorbing truck capacity in those regions and pushing up spot rates, including rates from Houston to California.
Coming out of the pandemic, spot freight markets presented drivers with some of the best conditions in trucking's century-old and turbulent history, but as spot rates have softened for vans and reefers and diesel prices remain very high in recent weeks, some in trucking media are predicting a "trucking bloodbath" and a wave of bankruptcies to hit smaller, newer trucking companies.
Whenever the popular media begins paying significant, or even obsessive, attention to an economic or business issue, you can bet it is a lagging, rather than leading, indicator of a critical problem that may have a global impact.
Transportation leaders should debunk these six common myths to help their C-level executives understand truckload freight and get executive buy-in.
We’re at the starting line for the U.S. domestic produce season now. What does that mean for reefer carriers? Dean Croke with DAT explains.
The digitization of the freight industry is long overdue. The impact is closer to home than you might think.
US spot truckload freight hit new highs in January, nearly $1 a mile higher than a year ago, according to DAT Freight & Analytics.
The rise in fuel prices is slowing a decline in spot rates while also potentially suppressing base revenue for some carriers, experts said.
The president's requests to Congress include funding for ports, highways, electrification and domestic manufacturing.
The total number of loads on the DAT MembersEdge load board network fell 7.9% last week, continuing a pattern of weaker posting activity.