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 number of available trucks fell 4.3% compared to the previous week, which pushed spot rates higher.
Everyone who moves freight for a living could use a break right about now, but especially truck drivers. The benefits of a well-rested driver are felt up and down the supply chain and out on the highway.
Even if each of the dozens of ships floating within sight of the Ports of LA and Long Beach could dock today, their cargo wouldn't flow freely.
Truckload rates hit new highs and freight volumes remained elevated in July but retreated from June’s record levels, as shippers paid a premium for transportation amid pandemic-related supply chain disruptions.
The average contract rate for dry vans was $2.79 per mile, up 6 cents compared to June.
Truckload rates hit new highs and freight volumes remained elevated in July but retreated from June’s record levels, as shippers paid a premium for transportation amid pandemic-related supply chain disruptions.
DAT forecast shows little relief as delayed ships lay anchored off west coast, and chassis trailer shortage deepens.
DAT forecast shows little relief as delayed ships lay anchored off west coast, and chassis trailer shortage deepens.
Despite the challenges of a driver shortage, scrambled supply chains and order backlogs, conditions for making money in trucking have exploded since the lift of spring 2020 COVID-19 pandemic lockdowns. See the data that backs it up from HDT's 2021 Fact Book.
Truckload rates hit new highs and freight volumes remained elevated in July but retreated from June’s record levels Truckload rates hit new highs and freight volumes remained elevated in July but retreated from June’s record levels, as shippers paid a premium for transportation amid pandemic-related supply chain disruptions.