Spot truckload volumes rose 13% last week as freight activity returned to more typical levels following a holiday-shortened workweek, according to DAT Freight & Analytics, operator of the DAT load board network and analytics service. The number of trucks posted to the DAT network increased by a larger degree in the same week, 15% compared to the previous week, which included Memorial Day.
Dean Croke is the principal industry analyst at DAT Freight & Analytics, which operates in the industry's largest load board for spot truckload freight, and a data analytics program based on $126 billion in annual spot and contract freight transactions. For information, visit dat.com.
New partnership enables carriers to integrate tracking through their ELDs, delivers new load insights to DAT customers
The Packer spoke on May 25 with Dean Croke, Boston-based principal analyst for DAT Solutions, about the unprecedented truck rate increases the industry has seen far, and what may be around the corner.
Portland, Ore.-based DAT Freight & analytics, an online marketplace for spot market truckload freight, and Chicago-based FourKites, a provider of real-time tracking and visibility solutions across transportation modes and digital platforms, recently heralded a strategic partnership focused on bringing FourKite’s real-time, end-to-end supply chain visibility into DAT’s network.
Partnership will provide DAT customers with valuable new insight into the status of their loads from dock to dock, including predictive ETAs and wait-time information at more than 1 million shipper docks across North America.
Boone added that one approach to solving customer problems is to help carriers and shippers filter out information they don’t need while automating manual processes. DAT Book Now was launched last year with that very goal in mind.
Portland, Ore.-based DAT Freight & analytics, an online marketplace for spot market truckload freight, and Chicago-based FourKites, a provider of real-time tracking and visibility solutions across transportation modes and digital platforms, recently heralded a strategic partnership focused on bringing FourKite’s real-time, end-to-end supply chain visibility into DAT’s network.
The partnership will give brokers the ability to improve their customer service and strengthen relationships with carriers, all while reducing the need for check-calls and ETA management.
In April, spot rates — the price for a truck booked today as opposed to in advance — were the second highest ever recorded, reported DAT, the largest US load board, where shippers and brokers list loads for carriers to grab. At the same time, rates for precontracted trucks were at a 12-month high.