DATCON24 will be held from October 22-24 at The Westin Kansas City at Crown Center in Kansas City, Missouri. The annual user conference delivers market analysis and hands-on workshops to help customers maximize the value they get from DAT One and DAT iQ, the industry’s leading tools for managing truckload freight and trusted business relationships.
The major Canadian rail lockout beginning August 22 may have already moved some freight volume to trucking’s spot market. As the stoppage drags on, more freight will find its way to trucking.
Embedded DAT rate benchmarking unlocks another avenue for GoodShip customers to benchmark their transportation network performance and uncover cost savings.
The Canadian rail shutdown began affecting trucking in Canada long before trains stopped running Thursday. Now that the shutdown is here, trucking capacity is coming up short, and it’s increasingly expensive.
The major Canadian rail lockout beginning August 22 may have already moved some freight volume to trucking’s spot market. As the stoppage drags on, more freight will find its way to trucking.
The number of loads posted on DAT One edged 1% lower to 1.67 million last week, which is 11% lower year over year. Truck posts fell 5.5% to 317,457. Compared to Week 33 in 2019 (pre-pandemic conditions), load posts were up 9% and truck posts were down 17%.
DAT's Truckload Volume Index reported that spot truckload freight volumes in July were stable for the second straight month and up more than 10% year over year.
LTL pricing in July had some of its highest year-over-year upticks of 2024.
Freight rates are the lifeblood of the for-hire trucking industry. Determined by supply and demand, rates work differently among trucking segments and between spot and contract freight.
Market conditions for trucking companies stayed in positive territory in June, but weakened from May, according to FTR’s monthly Trucking Conditions Index (TCI).