As shippers increasingly turn to – or are forced to – the spot market for truck capacity, automation will identify opportunities to lower costs, according to C.H. Robinson Worldwide.
C.H. Robinson has launched Market Rate IQTM, a new tool that shows companies how their spot rates compare to a third-party benchmark and breaks down where they could save money.
With tight trucking capacity and market volatility pushing more freight into the spot market, global logistics provider C.H. Robinson BB #:100586 has launched Market Rate IQTM
C.H. Robinson teamed up with DAT on Market Rate IQ.
Truckload volume surged and spot and contract freight rates hit new highs in August as logistics managers stare down their most challenging peak shipping season yet.
Truckload volume surged and spot and contract freight rates hit new highs in August as logistics managers stare down their most challenging peak shipping season yet.
DAT Freight & Analytics has added the Loadsure per-load insurance offering to the DAT network, a marketplace for spot truckload freight.
DAT Trendlines, Spot Truckload Market Summary, Aug 22-28 Spot truckload volume increased 10.6% last week; truck posts decline Spot truckload freight volume increased 10.6% during the week ending August 28, said DAT Freight & Analytics, which operates the industry’s largest load board network and the DAT iQ data analytics service.
The e-Inspections will automate the Level 3 inspection process, allowing inspectors to gather information on the carrier, truck and driver as it's moving through a weigh station.
Spot rates rose last week as load posts increased, according to DAT MembersEdge. Demand for trucks is high, and Hurricane Ida’s a wild card.