Truckload freight volumes remained strong in June while pricing on the spot market was weighed down by a growing supply of available capacity, said DAT Freight & Analytics, operators of the DAT One truckload freight marketplace and DAT iQ data analytics service.
DAT Freight & Analytics today announced that its DAT iQ truckload freight market analysis and transaction data are now available on the Bloomberg Terminal, an essential source of news, financial data and trading tools for more than 325,000 subscribers.
Truckload freight volumes declined for the third straight month in May and the average rate to move dry van freight on the spot market dipped below $2 per mile excluding fuel surcharges for the first time since July 2020, said DAT Freight & Analytics, operators of the industry’s largest truckload freight marketplace and DAT iQ data analytics service.
Truckload freight volumes retreated and spot-market rates dropped sharply in April, compounding pressure on small trucking companies and independent operators already strained by record fuel prices, said DAT Freight & Analytics, operators of the industry’s largest truckload freight marketplace and DAT iQ data analytics service.
Weaker spot market rates and skyrocketing fuel costs in March overshadowed an increase in stronger truckload freight volumes and record-high prices for loads moving under contract, said DAT Freight & Analytics, operators of the industry’s largest truckload freight marketplace and DAT iQ data analytics service.
The strategic partnership provides unparalleled end-to-end visibility that enables brokers to improve customer service and strengthen relationships with carriers
Truckload freight volumes fell 12.8% while rising fuel surcharges kept rates elevated in February, said DAT Freight & Analytics, which operates the industry’s largest truckload freight marketplace and the DAT iQ data analytics service.
DAT Freight & Analytics is proud to support the Mid-America Trucking Show in Louisville, Ky., which is back for the first time since 2019.
Spot truckload freight rates extended their run to new highs in January, said DAT Freight & Analytics, which operates the industry’s largest truckload freight marketplace and the DAT iQ data analytics service.
DAT Freight & Analytics announced an expanded partnership with Parade through a minority investment that will enable a deeper integration between Parade and North America’s largest freight marketplace.