rates

POLL: ELDs and business income — what’s your view of the likely (or actual) impact of running electronic for hours?

Whether you're already running an electronic log or not, how do you believe the move from paper to the engine-connected electronic environment would or did (if at all) impact your net income?

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‘Show me the money’ – rates and pricing in the on-demand freight environment

Would-be freight market disruptors are attempting to provide a certain level of automation and data science into their pricing/rates that “better reflects the market” than what arises from the typical process, often tilted against carriers in one-on-one spot negotiations.

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Carrier coalition supports semi-autonomous trucking, wants drivers to remain in cab

A trucking industry group representing a handful of the country’s largest carriers has expressed opposition to the deployment of fully autonomous, driverless trucks.

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Spot freight volume: 100 percent higher than this time last year

The stat in the headline doesn't tell the whole story, however, as rates are basically flat from where they've been the past few weeks. Some bright spots, however, in flatbed.

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Freight and trucker pay should get a boost in 2017, analyst says

Strong indications of growth in the economy in 2017 should put upward pressure on freight volume and trucker pay, says Bob Costello, chief economist for the American Trucking Associations.

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Reefer rates follow van to winter lows, particularly out West

With last week's spot market update, it looked like van rate averages on many lanes might have been near the bottom for this slow season. It’s looking that way for reefer rates now, and spot market volumes have been relatively constant in the segment.

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DAT, TransVix partner to offer rate futures for spot market

The Trucking Futures Exchange will allow carriers, shippers and brokers to buy and sell rates futures, leveraging DAT's data on lanes and pricing. TransVix says it wants to address volatility in spot market rates and capacity, where it says spot rates can swing by as much as 40 percent in a week on some lanes.

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Winter doldrums in the spot market for vans, reefers

Van rates may have hit bottom for the season, says DAT's Ken Harper. "There are reasons to be cautiously optimistic, however, for spot freight. "Volumes on the top 100 van lanes were up 2.5 percent over the previous week, and about the same month over month."

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Some high notes for flatbeds amid seasonal spot market fall-off

Flatbed rates had a small rebound last week, amid seasonal declines across all segments. On the top 78 open-deck lanes, rates rose on 42 of them, while 31 declined. The other five were neutral.

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ELDs and the detention quagmire

Rico Muhammad's reefer freight operation, based in Atlanta, is comprised of two trucks operating primarily in the Southeast and sometimes outside the region. He names detention's operational quagmire as perhaps the principal issue for owner-operators moving to ELDs.

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