Lift in Demand Fuels Hopes Trucking Has Turned the Corner
Improving freight demand could signal brighter days ahead for transportation companies—if they can persuade retailers and manufacturers to pay more for shipping. Trucking and logistics firms should give their outlooks for the rest of the year as th
Events such as Amazon’s Prime Day are helping the trucking industry in historically one of the weakest months of the year, a transportation analyst said. Trucking/transportation analyst Brad Delco of Stephens wrote an industry note, titled "Christm
Business Movers: DAT Solutions wins ‘Best Small Contact Center’ in a national award
The International Customer Management Institute awarded DAT Solutions, a freight marketplace and information provider established in 1978 as a load finder service, first place in the "Best Small Contact Center" division during its 13th annual global
TransFX wants to help shippers hedge against truck rate hikes
Shippers looking to shield their companies from rising truck rates soon may have a new option: a futures exchange designed to help them hedge against sudden swings and surges in pricing. TransRisk, a subsidiary of Fuller company TransFX, will be the
Glut of Vehicles, Uneven Demand Put Trucking Profits in the Crosshairs
More cargo is moving through U.S. ports and on the nation’s highways, but whether the added volumes will boost trucking profits is another matter. According to DAT Solutions LLC, shippers ramped up activity in March. Loads available for shipment on
No freight rate increases forecasted yet for trucking
Demand for trucking and logistics services is strong and continuing to soar, according to a variety of metrics tracked by Stifel Capital Markets, but if motor carriers expect this trend to lay the groundwork for rate increases, don’t hold your brea
Top 10 cities for outbound freight in all three major truckload segments in 2016
Atlanta was the top city for van and reefer spot market freight for the second year in a row in 2016, according to DAT Solutions. Little Rock, Ark., held also held its spot as the top city for flatbed spot freight, DAT adds.
Rising US spot truck rates to bolster contract pricing
Those looking for signs of rising US freight demand should look to the truckload spot market. As the first quarter enters its second month, “the volume of freight is significantly higher in the spot marketplace, year-over-year,” said DAT Solution
Following an “18-month malaise” in freight sparked by the collapse in oil prices at the end of 2014, says DAT analyst Mark Montague, the freight recession is now officially over. Freight volume and rates have been generally reviving since May of