Built In: Freight Logistics Isn’t Just Having a Moment. It’s The Next Booming Industry.
The digitization of the freight industry is long overdue. The impact is closer to home than you might think.
The digitization of the freight industry is long overdue. The impact is closer to home than you might think.
US spot truckload freight hit new highs in January, nearly $1 a mile higher than a year ago, according to DAT Freight & Analytics.
The rise in fuel prices is slowing a decline in spot rates while also potentially suppressing base revenue for some carriers, experts said.
The president's requests to Congress include funding for ports, highways, electrification and domestic manufacturing.
The total number of loads on the DAT MembersEdge load board network fell 7.9% last week, continuing a pattern of weaker posting activity.
The pandemic has altered the landscape for trucking and logistics both figuratively and literally.
February’s reading—at 227—was down 3% compared to January’s 229, which marked the highest-ever TVI reading in January. And while load-posting activity was off sequentially, the number of loads posted to the DAT One load board network saw a solid 24.1% annual increase.
Base US truckload spot rates are falling, but higher fuel costs and market volatility are limiting over-the-road savings for shippers.
Volumes fell 12.8% in February and shifted toward contract freight, according to trucking data research firm.
Owners can now post their truck with a rate, details on DAT's boards, and the company integrates FourKites for load tracking