Spot truckload rates rose in June despite declines in the number of loads moved, said DAT Freight & Analytics, which operates the DAT One freight marketplace and DAT iQ data analytics service.
The world’s largest cold-storage company is heating up the market for public stock offerings.
After falling to a 17-month low during the week ending June 10, diesel prices saw four weeks of increases that totaled a 21-cent jump, all told, on average.
Broker transparency and the enforcement of 49 CFR 371.3, pertaining to records to be kept by brokers and carriers' right to review the record, remain among the hottest debates in trucking, with small carriers and owner-operators demanding visibility from brokers, and big brokers who would rather keep their cards close to their chest.
According to data released recently, the number of loads posted on DAT One increased by almost 66% to 2.13 million last week. That is more than a significant recovery from the 48% drop from the July 4 week.
The trucking industry has experienced some wild fluctuations in the past four years. One of the most telling signs is the number of new carrier registrations reported by the U.S. Department of Transportation (USDOT) since the onset of the COVID-19 pandemic in 2020.
Ancient strategy games like Go are often described as taking “minutes to learn, but a lifetime to master” — meaning the rules are simple to understand, but a winning strategy can be elusive. This maxim also applies to the truckload market.
The number of loads posted on DAT One increased by almost 66% to 2.13 million last week, recovering (and then some) from a 48% drop during the July 4 holiday week. The number of loads was 6% higher year over year. Truck posts also bounced higher, up 19% week over week to 327,847.
DAT Freight & Analytics announced enhanced incentives it calls “the DAT Gear Up event,” which, according to a recent media release automatically upgrades DAT One carrier customers to the next tier up from their existing subscription package for a limited time at no additional cost.
DAT Freight & Analytics on Thursday announced the DAT Gear Up event, which automatically upgrades DAT One carrier customers to the next highest subscription tier for a limited time at no additional cost. The promotion lasts from July 23 to Oct. 23, 2024.