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.
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.