As the trucking market continues to see tight capacity, coupled with healthy demand, there has been an interesting story going on as it relates to the national average for spot and contract rates for the three-month period ending in January, accordin
Truck drivers lose an estimated $1,281 to $1,534 a year and put themselves at higher risk for crashes because of unexpected wait times on loading docks, according to results of a much-anticipated government report.
A stronger economy, the implementation of the federal electronic logging device mandate and inclement weather have pushed the need for more for trucking services, bumping up rates significantly from a year earlier, said Mark Montague, an analyst at D
DAT reported nine loads available per every truck in its network in December, the highest monthly average ever recorded.
According to DAT's Mark Montague, the industry’s current driver shortage can be broken down into three main reasons: a strong economy, unfavorable winter weather, and the ELD mandate.
Loads far outnumber vehicles as freight volumes near records.
Truckload contract rate increases "could break records" in 2018, and are likely to remain strong for the next two years after that, a transport analyst said today.
Rate Per Mile Masters is a community that is over 18,000 people strong, connecting carriers, owner-operators, brokers, and agents in a manner and scale like has never been done before.
Spot rates hit an all-time record the last week of December, according to the closely watched DAT Trendlines.
Retailers and manufacturers grappling with an unusually tight trucking market are paying the steepest prices in years to keep their goods moving.