Trucking Dive: Linehaul rates rise year over year amid challenging August
“However, year-over-year comparisons are little consolation for truckers looking for better pricing now,” DAT Chief of Analytics Ken Adamo said.
“However, year-over-year comparisons are little consolation for truckers looking for better pricing now,” DAT Chief of Analytics Ken Adamo said.
Truckload freight volumes and rates continued on divergent paths in August, with shipments rising and prices falling for the third straight month, said DAT Freight & Analytics, which operates the DAT One freight marketplace and DAT iQ data analytics service.
With the peak shipping season under way and the holidays fast approaching, trucking and logistics companies will remain busy with higher levels of demand in the coming months. Unfortunately, this period is often accompanied by a rise in crime.
Truckload freight volumes and rates continued on divergent paths in August, with shipments rising and prices falling for the third straight month, according to information released by DAT Freight & Analytics.
US truck and rail freight volumes appear to be increasing slowly, but those gains haven’t fueled an increase in truckload rates, according to new data.
The number of loads posted on the DAT One load board hit 2019 levels last week. Robert Rouse, senior product manager for DAT Freight & Analytics, has the details – along with all the other pertinent information from the spot market – to help you make decisions.
Truckload freight volumes and rates continued on divergent paths in August, with shipments rising and prices falling for the third straight month, said DAT Freight & Analytics, which operates the DAT One freight marketplace and DAT iQ data analytics service.
The total number of loads posted on DAT One rose 6.9% to 1.62 million last week, while truck posts increased
The current trucking market appears to have the trappings of a more normal cycle similar to the on in 2013-2017.
A long-distance truckload Producer Price Index inched its way into positive territory in August, reversing a nearly two-year-long trend and providing another sign that change from a prolonged freight downcycle may be in store.