Transport Topics: Executives, Analysts See Less Cloudy Truckload Market Outlook
The outlook for truckload freight markets and rates is less cloudy after a dismal first quarter, according to carriers and analysts.
The outlook for truckload freight markets and rates is less cloudy after a dismal first quarter, according to carriers and analysts.
Shippers can compare their performance to all contributors over time and across numerous attributes, including average distance, count of loads, fuel cost per mile, total cost over time, and the percent of spot loads
Information was obtained from firm representatives through questionnaires and could not be independently verified by the Portland Business Journal. In case of ties, companies are listed alphabetically.
US truckload carriers aren’t waiting for capacity to exit the market; they’re parking and selling trucks to bring supply closer in line with demand and shore up pricing.
As produce season ramps up, the market anticipates an impact on not only on reefer volume, but also on truckload capacity and pricing.
Companies looking at electric heavy-duty trucks are starting to get sticker shock over the operating costs of new-technology big rigs.
DAT iQ Benchmark uses new AI-powered rate models trained on the industry’s largest dataset, comprising $150 billion in annual market transactions.
Despite the rapid evolution of cybersecurity tools and strategies, attackers continue to exploit vulnerabilities with alarming success, raising critical questions about the effectiveness of investment in digital defense. Enterprises must assess their budget allocation based on "business model, company appetite and executive leadership priorities," according to Erika Voss, vice president of information security at DAT Freight & Analytics.
DAT is releasing new analytics solutions on the iQ platform to equip shippers and brokers with freight rate insights generated by a new AI-powered rate model trained on $150 billion in annual transaction data contributed by shippers and brokers. The platform provides an accurate pulse on spot and contract pricing across North America, including rates for truckload, LTL, intermodal and ocean transportation, the company said.
DAT Freight & Analytics introduced DAT iQ Benchmark, an update to its transportation rate and data analytics service for freight shippers.