Logistics Management: Weekly spot market loads trend down, reports DAT
Data recently issued on the DAT One network provided to LM by DAT Freight & Analytics pointed to a decline in truckload spot market load posts, for the week of October 20-26.
Data recently issued on the DAT One network provided to LM by DAT Freight & Analytics pointed to a decline in truckload spot market load posts, for the week of October 20-26.
Using invoices submitted by freight shippers and brokers, DAT iQ analyzes anonymized transactions to help freight brokers, shippers, and carriers understand and anticipate trends in market demand and pricing.
The East Coast port labor dispute is not over yet. After shifting peak shipping season in 2024, the threat of another strike pushes shippers to again plan for disruptions in 2025. Freight volumes could feel the impacts sooner.
Ken Adamo and Joe Lynch discuss a trillion dollars in freight transactions. Ken is the Chief of Analytics at DAT Freight & Analytics.
Insider threats can be either malicious—for example, someone with authorized access to an organization’s systems deliberately steals sensitive data and sells it for personal gain—or innocent—for example, an employee unwittingly clicks on a phishing link in a seemingly legitimate email, introducing malware into company systems.
DAT Freight and Analytics reports that the value of freight transactions analyzed by its DAT iQ platform now exceeds $1 trillion, affirming its position as the industry’s most comprehensive dataset for forecasting and benchmarking truckload, less-than-truckload and intermodal pricing.
DAT Freight & Analytics announced that the value of freight transactions analyzed by its DAT iQ platform now exceeds $1 trillion, affirming its position as the industry’s most comprehensive dataset for forecasting and benchmarking truckload, less-than-truckload, and intermodal pricing.
Increase in loads posted to the U.S. truckload van spot market load board in the week ending Oct. 20 compared with the week before, according to DAT Solutions.
Unfortunately, spot freight rates have been bouncing along the bottom for so long that smaller carriers — and some larger ones, too — weren’t able to hold on. Those that remain should see market improvement, but analysts say it may be excruciatingly slow.
It’s been tough times in the US freight sector for nearly two years, and the news isn’t getting any better for carriers, even as shippers benefit from the continued fall in rates.