Logistics Management: DAT executives provide insights on myriad market trends
Logistics Management Group News Editor Jeff Berman recently spoke with Ken Adamo, Chief of Analytics at DAT Freight & Analytics, the operator of the largest truckload freight marketplace in North America, and Chris Caplice, executive director of the Massachusetts Institute of Technology’s Center for Transportation & Logistics (CTL), and also DAT Chief Scientist, about various topics, including: the possibilty of a freight recession, contract and spot rates, fuel, and inflation, among other subjects.
The Journal of Commerce Online: US shippers consolidating loads to create truck capacity
As transportation costs in the US rise, shippers are consolidating more loads and limiting the number of partial shipments, which in effect is creating truckload spot market capacity, according to Dean Croke, principal analyst at DAT Freight & Analytics, the largest US spot market load board provider.
The Journal of Commerce Online: Port freight shift primes Gulf Coast spot truck rates
The shift of containerized freight from the West Coast to the Gulf Coast and Southeast is absorbing truck capacity in those regions and pushing up spot rates, including rates from Houston to California.
Overdrive: Is a ‘trucking bloodbath’ on the way for owner-ops as rates soften against record-high diesel?
Coming out of the pandemic, spot freight markets presented drivers with some of the best conditions in trucking's century-old and turbulent history, but as spot rates have softened for vans and reefers and diesel prices remain very high in recent weeks, some in trucking media are predicting a "trucking bloodbath" and a wave of bankruptcies to hit smaller, newer trucking companies.
Forbes: What Is The Bullwhip Effect And How Can We Prevent It Next Time?
Whenever the popular media begins paying significant, or even obsessive, attention to an economic or business issue, you can bet it is a lagging, rather than leading, indicator of a critical problem that may have a global impact.