Spot truckload freight postings fell 15% by volume while the number of trucks posted as available on the DAT load boards increased 13% last week, a sign metrics are loosening ahead of the Christmas holiday
With less freight and more trucks in the marketplace during the week ending Dec. 13, spot truckload pricing was generally flat compared to the previous week.
Spot truckload freight postings fell 15% while the number of trucks on DAT MembersEdge increased 13% last week, a sign that capacity is loosening ahead of the Christmas holiday.
While spot rates have been setting records, there are signs that pricing is beginning to soften for the first time in more than seven months.
Big swings are typical when you compare a full workweek to one with a major holiday.
Spot truckload freight volumes rebound after Thanksgiving
Truckload volumes bounced back after Thanksgiving as the number of available loads increased 93% during the week ending Dec. 6, said DAT Freight & Analytics, which operates the industry’s largest online marketplace for spot truckload freight.
Truckload volumes bounced back after Thanksgiving — the number of available loads increased 93% week over week to close out last week, ending Dec. 6.
The freight demand and rates dynamics that have been at work since the economic recovery began in June have held through the usual holiday freight season of September, October and November.
Overall, reefer load posts down 48% week-over-week but volumes 55% higher compared to this time last year, DAT said