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Tag: indicators
Business
Spot rates firming up as holiday season approaches with hot spots for reefers, flatbeds
National average rates during the first three days of November were lower than the overall October average but were unchanged compared to the previous week. Look for reefer opportunity in the Pacific Northwest, and for Christmas trees to run out of the same area and North Carolina.
November 7, 2019
Business
Spot freight rates up to start September
The spot truckload freight marketās relatively strong finish in August continued into September as rates moved higher last week; van load-to-truck ratios remained strong nationally over the previous week, and East Coast reefer lanes benefited from boosted activity in the wake of weather threats/reality.
September 12, 2019
Business
Spot van demand falls, rates follow; some reefer bright spots
Thereās some good news in the Midwest for reefer operators migrating away from California, where demand has declined. Load volume from Los Angeles fell 10%, Sacramento was down 5%, and Ontario lost 3% last week. Market to watch: Grand Rapids reefers.
August 13, 2019
Business
Spot rates soften in the last week
Load-posting volume slipped 16% during the week ending July 21, while the number of trucks available rose by 3%. The imbalance has been pushing national average spot rates lower, compared to June averages.
July 26, 2019
Business
Freight recession? Not as long as volumes continue strong
Major van marketsā volumes regained all they lost during the July 4 holiday week, as talk of a freight recession arose from some industry quarters. Reefer shows signs of volume falls in the last week, but not the other major segments, DAT notes.
July 18, 2019
Business
Entering summer, spot market rates show signs of life
Spot truckload rates for van and refrigerated freight hit their highest national averages since January during the week ending June 23, according to data from DAT Solutions. Trend to watch, says DAT: Can the spot market sustain the momentum through the typical July-August freight slump?
June 26, 2019
Business
āRoadcheck effectā pushed spot rates and demand indicators higher
While fewer Overdrive readers than in years past signaled theyād be taking the week off for Roadcheck, as previously reported, measurable spot-market participation on the truck side was nonetheless down in DATās metrics, pushing demand indicators and average rates up.
June 13, 2019
Business
Trend to watch: Flatbed, as rates in all segments make modest gains
The national average flatbed load-to-truck ratio improved to end May at 13. That sounds good on its face, but keep in mind it was almost 90 a year ago. In flat and elsewhere, national average spot rates inched upward during the holiday-shortened week after Memorial Day.
June 7, 2019
Business
Spot market: Signs of life for van, reefer rates as typical June uptick approaches?
Rates were higher on 54 of the top 100 van lanes compared to the previous week and the national average van load-to-truck ratio rose from 1.6 to 1.8.Ā There are encouraging signs, but thatās still below expectations for the time of the year.
May 30, 2019
Business
After preceding weekās rise in volumes, van and reefer rates reversed downward course
There was finally a bit of a turnaround in the van and reefer markets last week when it comes to rates. After volumes built the preceding week, better weather combined with a 4.2% jump in the number of available loads to push rates higher during the week ending May 5.
May 8, 2019
Overdrive Radio
A closer look at the freight-demand and planning app for owner-ops with Load One
In the sort of emergency-freight service that is the expedited trucking business, having information about where best to be for the next load is, to say the least, a difficult proposition. Load Oneās āUltimate Advantageā smartphone app, though, delivers relevant demand information to leased owner-ops, as Load One head John Elliott explains in this weekās Overdrive Radio podcast,
February 15, 2019
Business
Spot rates rose slightly in final week of the new year
Load posts on the spot truckload freight market declined 21 percent during the week ending Dec. 29, not an unusual figure when you compare a holiday-shortened workweek to a full one. But truck posts were down farther, 47 percent, and that tight capacity helped keep rates firm.
January 4, 2019
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