Mark Montague of DAT Solutions said the statistics on freight rates and loads-to-trucks indicate the April deadline did not cause the same type of spike as the initial Dec. 18 implementation date of the ELD mandate.
With the rise of fast delivery from online retailers, Beaverton-based DAT Solution's software is in demand to connect products to available truck loads.
DAT Solutions LLC, which matches available loads to trucks in the spot market, says shipments on its “load board” rose 27% from February to March while the number of trucks available increased only 14%.
Data from DAT Solutions LLC shows 91 percent of small, independent truckers — the segment that has been the last to meet the guidelines — were compliant either by adopting ELD technology or by being granted temporary exemptions from the governmen
Many truckers and industry insiders thought that a federal rule that requires truckers to use electronic logging devices to track driving time would disrupt freight and logistics. It hasn’t happened yet, according to a survey by DAT Solutions.
The demand for trucks to move construction materials, machinery, and other flatbed loads has been off the charts lately. Flatbed load-to-truck ratios have been rising since November and hit an all-time peak as I write this in mid-March.
Cost cuts and higher margins at U.S. trucking and railroad operators is pinching their biggest customers [...] Dry van rates could rise as much as 10 percent in 2018, while “spot” rates hit record levels in January, according to DAT Solutions.
DAT Solutions reported that capacity remained tight in January due to shipper demand and fallout from the Dec. 18 enactment of the Federal Motor Carrier Safety Administration’s electronic logging device mandate.
For the past 15 years, the American Trucking Associations (ATA) has struggled with a driver shortage, and the problem has only gotten worse since the recession ended. According to an industry analysis by DAT Solutions, just one truck was available fo
Last week, the average spot rate for the most common type of big rig was $2.17 per mile, down from $2.26 in January, though still up a third from a year ago, according to online freight marketplace DAT Solutions.