Land Line: Summer approaches, but rates slide
Van and reefer rates continue to slide during the first week of May. We’ll have more details on rates and how they’re being impacted by retailers positioning inventory for summer.
Van and reefer rates continue to slide during the first week of May. We’ll have more details on rates and how they’re being impacted by retailers positioning inventory for summer.
Truckload freight volumes declined and national average spot rates for dry van and refrigerated (“reefer”) loads fell for the fourth consecutive month in April, said DAT Freight & Analytics, which operates the industry’s largest online freight marketplace and DAT iQ data analytics service.
Toyota’s bid to make up lost ground in electric vehicles will add to accelerating efforts to build supply chains to manufacture the cars.
Strategies that work in tight markets do not necessarily translate well when the market shifts. Join DAT and The J.M. Smucker Company for a current state of freight discussion focused on transformations in transportation procurement and management.
Strategies that work in tight markets do not necessarily translate well when the market shifts. Join DAT and The J.M. Smucker Company for a current state of freight discussion focused on transformations in transportation procurement and management.
Nearly two years into an integration partnership with DAT Freight & Analytics, the numbers bear it out: truck fleets using SmartHop’s freight booking and fleet management platform are benefiting from increased revenue and average rate per mile, as well as time saved.
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Shipper routing guide performance and tips for tendering in the ‘new normal’
The possible long-awaited trough of the freight market cycle comes at a difficult time to gauge.
May is shaping up to be a good month for spot freight. Produce harvests are picking up and construction activity is on the rise.