Freight activity and rates on the spot market remained elevated last week after a surge of freight following winter storms the week before, according to the freight matching service provider DAT.
Spot market rates according to loadboard DAT mostly rose in the first week of the year, as flatbed rates rose 0.9 percent to $2.17 and reefer rates rose to $2.13. Van rates were flat at $1.95 a mile.
Spot rates for truckload services are unusually high for this time of year. And that’s good news for an industry that has struggled for years with an increasing burden of regulations, seesawing fuel prices and razor-thin profit margins.
Spot market rates for dry van services, the most widely used form of truckload delivery, spiked at the end of 2013 to near-historic levels, according to truck consultancy DAT.
Spot market freight availability remained strong in November compared to the year before, according to the DAT North American Freight Index. For the fifth consecutive month, freight availability continued to outpace levels seen in recent years – an
Truckload carriers are raising their rates to cover increased costs from the new hours-of service rule, but not enough to keep up with the estimated loss of productivity, says Mark Montague of DAT, the load matching and analytic services company.
A useful feature — or curse, depending on how you see it — of shopping from large online retailers like Amazon, Target and eBay is the suggestions they give you for purchases. These appear on their websites while you shop and in advertisements on
While trucking continues rolling during the partial shutdown of the federal government, an often used weekly roundup of fuel prices from the Department of Energy’s Energy Information Administration has been sidelined due to a lack of funding, but t
DAT is now offering RateView, a tool for seeing real-time rates so carriers can identify the highest-paying route options. RateView allows carriers to see market rates paid by shippers as well as current spot market rates on all lanes in the U.S. and
Draw a big, red circle around July 1 on your calendar. That's the date when the Federal Motor Carriers Safety Administration will officially begin enforcing the new hours of service regulations for all commercial motor vehicles that are involved in i