freight

Spot demand heating up to levels not seen since 2014

A 5:1 load-to-truck ratio on DAT Load Boards was seen for dry van freight last week. It's the highest load-to-truck national average since March 2014, when demand skyrocketed with polar-vortex-related severe weather and led a big rates rally on the spot market that year.

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Will Uber Freight ‘disrupt’ trucking?

More sophisticated load-matching, combined with the availability of real-time lane data, gives nimble owner-operators a better chance to customize their business as far as net income and efficient route planning.

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Lookin’ good? Spot market demand updates in flat, van, reefer

This week's update shows spot market rates were up in anticipation of the holiday week this week. Most of the top lanes for all three major tracked segments (dry van, reefer, flatbed) were "lookin' good, lookin' good," noted DAT's Ken Harper attendant to this week's load-to-truck demand maps and intel.

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GoLoad service coming in July

GoLoad, a partnership between TMS provider Cloud Logistics and ELD provider Konexial, is a load matching service connecting the power of a networked transportation solution to drivers' smartphones and helping bring any shipper’s TMS and freight into the network.

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Spot market: Van rates get a penny back, reefer demand shifts slightly north, west

Reefer activity has slowed in Southern Florida, while demand for reefer trucks has picked up farther west, but in North-Central Florida, the Lakeland area is still No. 2 for reefer load posts on DAT load boards. Van load-to-truck nationally inches toward 4, where it really starts to favor carriers.

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KeepTruckin gets $18M infusion

The infusion of venture-capital cash will allow the company, started as a smartphone-based logging platform in 2013, to take its current electronic logging device and small fleet management platform into new areas, including freight matching.

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Van shows sluggish volume signs on spot market

The national average van rate was down 2 cents to $1.68 per mile, but the average rate on the top 100 van lanes was up, suggestive of bright spots among the otherwise flat to down picture. Reefer hot spots, van hot spots and more detailed here.

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Podcast: Cold water on the ELD mandate’s potential rates impacts

While recent polling shows most owner-operators view the ELD mandate's chances of positively impacting rates either short- or long-term as good, don't count OOIDA board member and B.L. Reever Transport small fleet owner Monte Wiederhold among the true believers.

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Van rates edge up nationally, reefer freight moving out of growing areas to the South

DAT's Ken Harper notes the freight-volume picture was more or less the same as in March to close out the month. The final week of April, "we had expected a bigger bump with the usual end-of-month inventories being cleared, but the bump didn't happen," Harper says.

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Wormholes may exist

HyperLoop has "built and begun to perfect an electric motor powerful enough to accelerate and decelerate levitated pods through tubes at incredible speeds and low costs. They intend to literally 'sell time.' And that's pretty worm-hole-y."

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