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
What the most recent edition of the North American Freight Index clearly spells out is that the truckload spot market is heading on a growth path, showing sequential gains from July through November for the first time in five years, DAT observes that
As noted recently on CCJ, the sudden bankruptcy of one of the world’s largest maritime carriers, Hanjin Shipping, will send shockwaves through the transportation supply chain. It’s likely to also impact trucking rates, says DAT’s Peggy Dorf, an
In recent years, trucking executives have been preaching to shippers the virtues of a more collaborative relationship to help supply chains run more efficiently and to provide relief to their hard-pressed drivers. The attempts at friendly persuasion
Close to 63% of drivers spend more than three hours at a shipper’s dock waiting to be loaded and unloaded, according to a recent survey by DAT Solutions.
Four years ago, I wrote a post for our company blog titled: “The Death of the Buck-a-Mile Backhaul.”At the time, those cheap hauls seemed to be going away. In March 2012, only one major van lane paid the carrier $1 per mile: Philadelphia to Chica
When is a broker a shipper? Or a carrier? The Final Rule for the Sanitary Transportation of Human and Animal Food, published in the Federal Register on April 7, has created a bit of an identity crisis for people and companies responsible for the tran
Orders for new Class 8 trucks plunged 39% from a year earlier and for a fourth consecutive month, reflecting a worsening freight market
A monthly index of truckload pricing grew at a modest pace in February, and one leading forecaster says there’s a chance rates will turn negative this year