Logistics Management: DAT Truckload Volume Index sees gains in December to end a ‘lackluster’ 2023
The December edition of the DAT Truckload Volume Index (TVI), which was recently issued by DAT Freight & Analytics, highlighted what the company described as the most significant narrowing in the gap between spot and contract van rates, going back to March 2022, a period when truckload prices nearly were at their highest point ever.
Produce Blue Book: DAT Truckload Volume Index: Gap between spot and contract rates narrows in December
Spot truckload rates rose in December, and the gap between spot and contract van rates closed to its narrowest point since March 2022 when prices to move truckload freight were near all-time highs, said DAT Freight & Analytics, which operates the DAT One online freight marketplace and DAT iQ data analytics service.
ISM World: Transportation Procurement Evolves, But Objectives Remain the Same
Being in the truck transportation industry for several decades offers the benefit of perspective. You’re not shocked when yesterday’s hot-button issue seems less important today. Or that best practices from an earlier time may prove detrimental.
Journal of Commerce: US truck shippers seen prizing stability, capacity in 2024 bids
With freight demand still weak and rates flagging across all sectors of trucking, shippers are taking a bit of extra leverage into contract talks in early 2024. But many shippers reportedly are hesitant to use their leverage aggressively and are concerned with securing capacity ahead of demand.