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Tag: markets
Channel 19
Loads availability looms larger for two heavy/oversize haulers
Two heavy/oversize drivers weigh in on the lack of load availability since the start of the COVID-19 coronavirus pandemic began. Details here on Overdrive.
April 7, 2020
Business
ATBSā income benchmarking-data call
September 12, ATBS, the nationās largest tax and business services firm dedicated to owner-operator businesses, is hosting a conference call and online presentation to present a variety of data toward answering the question, āHas 2019 been significantly worse for owner-operators?ā
August 30, 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
Electronic Logging Devices
Data sharing practices among leading providers of ELDs to owner-operators
Overdrive attempted to survey 14 ELD providers, representing those used by significant percentages of readers. As shown in this chart below of results from nine of them, none of the providers that answered questions were engaged in direct sales of individual customer data, but many do share aggregated, anonymized data with third parties and employ data internally.
June 6, 2019
Channel 19
Market-making: āMustangā Mike Crawford creates his own for parking
Crawford carried a joke into reality recently at an Illinois truck stop mid-afternoon that was filling up fast: āFor this nice, easy parking space, give me $5 and Iāll leave right now for you.ā
May 29, 2019
Business
Some mottling in recently intense spot market demand maps, as seasonal declines continue
Spot rates in many parts of the country are still above the peak prices from 2017, but van rates are starting to climb down from extreme heights of recent weeks, reefer rates at an even faster pace. At once, this is not a typical February.
February 8, 2018
Business
Van rates, flatbed demand close 2017 strong on spot market
āSomething of a perfect stormā closed out the last full week of 2017 for van rates. Winter weather, extended vacations over the holidays, end-of-year freight urgency all boosted van rates/demand. Flatbed demand indicators ā load-to-truck ratio, primarily ā were strong, but rates hadnāt moved.
January 3, 2018
Business
Spot market extremely tight, favoring truckers, ahead of Christmas week
A lot of truckers took time off last week ahead of Christmas, which meant there were already fewer trucks on the road. It was also the first week under the electronic logging device mandate, and the combination of the upcoming holiday and new regulations pushed the national load-to-truck ratio for vans up higher than itās ever been ā 10.1 loads per truck.
December 29, 2017
Business
Eleventy-million and counting
Herein, a story about drivā¦ I mean, apples. āAnd people wondered why other people, who werenāt buying near as many apples, were making pies and cider and delicious things from their apples, and didnāt have piles of stinking, rotting apples laying around their terminals ā¦ I mean, their kitchens.āā¦
September 20, 2017
Business
A hot August: New development for the spot market in van, reefer
Find load-to-truck demand indicator averages for van and reefer below ā for last week, when volumes declined for vans nationally but remained well higher than what is typical for August most years. āTemperatures in our part of the woods have come down from their unseasonably torrid highs,ā noted DATās Ken Harper, ābut itās still very [ā¦]
August 18, 2017
Business
Reefer gaining ground in select markets, dry van rates improving overall
Last week looked more like a June produce peak than the first week in November for reefers. The national average rate per mile was way up, and volumes surged 7 percent nationwide. More on hot reefer and dry van markets.
November 10, 2016
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