Supply & Demand Chain Executive: Truckload Freight Volumes Cooled in September: Study
Seasonally declining shipments of retail goods and fresh produce decreased demand for truckload services last month.
Seasonally declining shipments of retail goods and fresh produce decreased demand for truckload services last month.
Truckload freight volumes cooled in September, compounding an already difficult quarter for truckload carriers and freight brokers, according to recent analysis from DAT Freight & Analytics.
Truckload freight volumes cooled in September, compounding an already difficult quarter for truckload carriers and freight brokers, said DAT Freight & Analytics, which operates the industry’s largest online freight marketplace and DAT iQ data analytics service.
DAT Freight and Analytics’ index for truckload van demand in September, a 5.7% decline from August, helping send rates to their lowest levels since June 2020.
The depressed US truckload market is a long way from a turnaround, but trucking executives and analysts believe shipper concerns about subpar service and carrier failures will prevent spot prices from falling farther in 2023 and early 2024.
Last night at an awards gala at ICMI's Contact Center Expo, which brings contact center industry professionals together to tackle the challenges and opportunities that will enable positive growth and change in the industry, the winners of ICMI's Global Contact Center Awards were unveiled.
A “perfect storm” including 2023’s freight recession and an industrywide pullback in venture funding has led digital trucking brokerage Convoy to turn off the lights, CEO Dan Lewis told employees Thursday morning.
DAT Freight & Analytics projects truck contract rates to decrease across all markets over the next 12 months.
The federal Truck Leasing Task Force met Tuesday to discuss lease-purchase agreements. We’ll talk about what happened and why it’s important to trucking as an industry.
DAT Freight & Analytics introduced an innovative new risk assessment engine that uses artificial intelligence and DAT’s extensive proprietary data to give customers an insight into a potential partner’s risk profile and performance.