Load board activity declined sharply last week, with carriers, brokers, and shippers taking time off for Thanksgiving. Freight that did move was priced at a premium, with rates rising on most high-traffic lanes.
Ken Adamo, chief of analytics for DAT Solutions, said he’s closely watching how vaccine distribution might affect truck capacity. “There’s no historical precedent for the vaccine response to a 100-year pandemic,” he said.
The pandemic has made many aspects of our lives feel upside down this year, and commercial transportation is no exception.
Trucking Continues to Do Well, With Housing Pacing Recovery
The OTR truckload driver count is at an eight-year low, and traditional solutions to solving the driver shortage aren’t working. It’s time for all carriers to start investing and innovating in new solutions.
DAT Freight & Analytics, the newest iteration of DAT Solutions and before that Dial-a-Truck, regularly evolves its business as technology and the trucking industry change.
Spot rates are rising on routes once safely considered backhauls in the face of an e-commerce surge.
While contract rates have been steadily climbing since the economic recovery began in early June, the ultimate outlook for contracted per-mile rates between carriers and shippers is somewhat muddy — especially after the calendar flips to 2021.
Recent developments in load boards and freight-matching platforms are allowing freight brokers and carriers to bypass rate negotiations
With more of us at home for work, school, and entertainment, demand for electronic equipment has skyrocketed.