In the News

Cargo Business News: Trucking Trends – How hurricane season affects truckload freight markets

With freight markets already dislocated as a result of COVID-19, how would a hurricane affect supply chains further?

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Overdrive Magazine: Typical spot market dog days of summer a bummer no more — for now, at least

National average spot rates for van and refrigerated freight closed last week at their highest points in nearly two years, and the van load-to-truck ratio was above 5 for the third straight week, unprecedented for the month of August

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Journal of Commerce: UP levying $3,500 surcharge on small shippers out of LA

Union Pacific Railroad will raise surcharges on excess contract cargo to $3,500 per container for small shippers, and raise spot market rates another $1,500 out of Los Angeles effective Aug. 23.

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Talk Business & Politics: Intermodal freight volumes improve, truck tonnage falls in July

Dry van spot rates rose 12.2% between June and July, according to DAT Solutions. The rates were up 10.3% in July, from the same month in 2019.

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Journal of Commerce: Rail congestion lingers in LA, but small glimmer of hope

Spot truckload rates out of California as of July 31 were up $1.00 to $1.40 per mile from the low point in April, according to DAT Solutions and a JOC.com analysis of rate data provided by digital broker Loadsmart.

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Talk Business & Politics: Freight industry alters budgets, embraces technology amid pandemic

“Supply chain disruptions caused by COVID-19 pushed more freight to the spot market, with national average truckload rates for vans, reefers and flatbeds each hitting their highest marks of the year in July,” according to DAT Solutions.

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Heavy Duty Trucking: Demand for Truckload Raises Rates

Spot truckload rates for van, refrigerated, and flatbed have all seen increases since last month, with supply chain disruptions caused by COVID-19 pushing more freight to the spot market at a time when demand for truckload capacity usually declines.

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FleetOwner: Spot truckload rates rise amid supply chain imbalances

The number of spot dry van, refrigerated, and flatbed loads on DAT One decreased 3% during the week ending July 26 while the number of trucks posted increased 2%.

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The Trucker: Spot truckload rates rose amid supply-chain imbalances during week ending July 26

According to DAT Solutions, the number of spot dry van, refrigerated, and flatbed loads on DAT One decreased 3% during the week ending July 26 while the number of trucks posted increased 2%.

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American Journal of Transportation: American Journal of Transportation: DAT spot truckload market summary, week ending July 26

Spot truckload freight rates increased again last week, bucking typical trends for late July, said DAT Solutions, which operates DAT One, the industry’s largest load board network.

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