February’s reading—at 227—was down 3% compared to January’s 229, which marked the highest-ever TVI reading in January. And while load-posting activity was off sequentially, the number of loads posted to the DAT One load board network saw a solid 24.1% annual increase.
Base US truckload spot rates are falling, but higher fuel costs and market volatility are limiting over-the-road savings for shippers.
Volumes fell 12.8% in February and shifted toward contract freight, according to trucking data research firm.
Owners can now post their truck with a rate, details on DAT's boards, and the company integrates FourKites for load tracking
The strategic partnership provides unparalleled end-to-end visibility that enables brokers to improve customer service and strengthen relationships with carriers.
At the two-year mark of the coronavirus pandemic, it’s hard to know for sure whether it’s been a disorienting whirlwind or the longest 24 months of our lives.
While truckload rates off the West Coast have fallen in the last two months, analysts believe rising fuel prices will spur a rapid increase in shipper costs in the coming weeks.
69% of Overdrive's owner-operator readers indicated negative trends in rates measured against the rise of fuel and maintenance costs, with diesel hitting all-time highs this week.
Partnering with a 3PL can help manufacturers save an extra 10 to 18% off already discounted truckload and LTL freight costs.
The U.S. economy in the fourth quarter of 2021 posted its strongest growth since the rebound from lockdowns in the third quarter of 2020.