Describing global supply chains as “volatile” for the last two years is an understatement. Bottlenecks, inventory imbalances and soaring costs contributed to industries and consumers worldwide experiencing negative ripple effects.
The DAT Truckload Volume Index (TVI) declined for all three equipment types in September, indicating a muted shipping season ahead.
The September edition of the DAT Truckload Volume Index (TVI), which was issued late last week by DAT Freight & Analytics, pointed to rate and volume declines, in advance of the holiday season.
The peak shipping season is fizzling as overstocked retailers cancel overseas orders and freight companies scale back expectations for heavy freight volumes heading into the holidays.
More shippers are returning to the truckload spot market as rates drop, but experts say they’re using that market more strategically than ever before to reduce transportation costs.
Hurricane season began in earnest in late September, impacting both Florida in the U.S. and Canada’s maritime provinces.
The Overhaul company's Intelligence and Response Team recently sent out an alert to media and subscribers to its location tracking and security services about yet another double-brokering scam wasn't just a form of skimming a small piece of the load's payment out of what might otherwise be a legitimate freight transaction.
Unlike major hurricanes that have hit the Southeast in the past, Hurricane Ian’s overall impact on the national freight market is not as far-reaching and so far remains more of a regional play according to market analysts.
To help the recovery efforts of areas affected by Hurricane Ian, which made landfall Wednesday afternoon along Florida’s west coast and caused catastrophic flooding and other damage, the Federal Motor Carrier Safety Administration has issued a Regional Emergency Declaration that covers eight states.
DAT Freight & Analytics, operator of DAT One network for spot truckload freight and the DAT iQ analytics service, and ACT Research, an industry analysis and forecasting services for commercial vehicle and transportation markets provider, entered into an agreement that will enhance the service offerings of both organizations.