Land Line: Truck posts jump after Roadcheck week; rates stayed firm
Capacity on the spot market rebounded last week, with truck posts on DAT MembersEdge up 13% compared to the previous week.
Capacity on the spot market rebounded last week, with truck posts on DAT MembersEdge up 13% compared to the previous week.
Last week, during which the Commercial Vehicle Safety Alliance's annual Roadcheck inspection blitz was ongoing, the total number of loads posted on the DAT One load board network increased 23%, while the number of posted trucks plunged 16% compared to the previous week.
It’s bad enough paying more than $4 a gallon to fill your gasoline tank. Now imagine paying $6 a gallon, or more, for diesel fuel.
Truckers can anticipate increased opportunities along the Great Lakes-St. Lawrence Seaway System as breakbulk, grain, and container transportation appear to be on the rise.
Total Soft Bank, an industrial logistics solutions company, has partnered with Aidrivers, which specialises in Artificial Intelligence (AI)-enabled autonomous solutions and autonomous retrofitting capabilities for industrial automation.
According to Truckstop.com research, nearly 80% of owner-operators indicate they just don’t like to negotiate rates with a broker.
Truckload freight volumes retreated and spot-market rates dropped sharply in April, compounding pressure on small trucking companies and independent operators already strained by record fuel prices, said DAT Freight & Analytics, operators of the industry’s largest truckload freight marketplace and DAT iQ data analytics service.
An unexpectedly large drop in spot market capacity last week during the annual “Roadcheck” program pushed dry-van and refrigerated spot rates up for the first time since January, according to DAT.
When a trucking company or owner operator sends emails to brokers with their truck availability, oftentimes those emails go into a black hole and are never seen. That’s bad news for the broker and the hauler.
Diesel fuel prices across the United States leveled off during the week ending May 16 after two weeks of significant increases, according to the Department of Energy’s Energy Information Administration.