This week took us to Denton, Texas, where Peterbilt hosted thousands of dealers, customers and press for the unveiling of its new Model 589 classic-styled conventional.
US truckload rates continued to slide in April and show no signs of hitting a bottom, with logistics companies believing an oversupply of capacity must be thinned before the decline stops.
May will be a month to watch in terms of truckload freight volumes based on recent reports from DAT Freight and Analytics. The DAT Truckload Volume Index, which provides a measure of loads moved during a given month, declined again in April, marking the fourth consecutive month of decline.
Truckload freight volumes declined and national average spot rates for refrigerated loads fell for the fourth consecutive month in April, according to DAT Freight & Analytics.
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.
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.
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.
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.
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.