It's useful to know how to deduct an average fuel surcharge from the spot rate for purposes of analysis. For example, if you want a side-by-side comparison of spot rates and contract rates, you want to focus on the line-haul component only, on an app
This year it was our honor to once again attend and present at the DAT Executive Symposium in Pinehurst, NC, with some of the top logistics industry thought leaders. We believe investors will find great value in what these industry influencers had to
This year’s produce season has sent spot rates for hiring a temperature-controlled truck higher. Rates for refrigerated trucks rose 2 cents to $2.51 per mile for the week of May 26, according to load board operator DAT Solutions. The season still i
There are about 6.6 loads for every available truck trailer, according to DAT Solutions, which tracks freight and rates. A year ago, there were 3.5 loads per every van. The imbalance gives motor carriers the ability to raise rates to cover rising exp
It now costs more than $1.85 a mile to ship a "dry good" that doesn't require refrigeration or special accommodation, a nearly 40 percent increase from the price a year ago, according to data from DAT Solutions.
It cost retailers up to 30% more to ship something via truck in April than it did last year, according to DAT.
The cost per mile in the spot market is 29% higher than a year ago, according to DAT Solutions. The longer-term contract rates that big suppliers negotiate with major carriers usually follow the spot market, which means freight costs should stay high
DAT industry analyst Mark Montague said the top two flatbed lanes in April were intra-Houston and Houston to Midland, Texas. Rates between Houston and Midland were up 30 percent last month.
The continuing rise in tonnage brought a corresponding increase in demand for trucks as evidenced by the 38% jump in activity in DAT Solution’s spot truckload freight availability market in March, said Mark Montague, senior pricing analyst with DAT
There was concern about the electronic device mandate draining truckload capacity out of the market after the enforcement deadline, but DAT Solutions said data doesn’t reflect that.