business

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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Top 10 cities for van, reefer, flatbed freight in 2016

For the second year in a row, Atlanta was the top city for van and reefer spot truckload freight in 2016, according to DAT Solutions. Little Rock, Ark., held also held its spot as the top city for flatbed spot freight.

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Big carriers’ revenues and profits shrunk in 2016

Owner-operators weren't the only segment of the industry that struggled with tough freight conditions and poor rates in 2016. Some of the country's largest fleets saw their revenue and income take a hit too, according to earnings reports issued in recent weeks by large publicly traded trucking companies.

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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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Weekly spot freight update: Reefer, van volumes still strong compared to 2016

The normal seasonal slow-down has been leading to lower demand and lower rates, but van volumes continue to look solid compared to 2016 in the spot market. And: How to maximize Cleveland-to-Chicago via Fort Wayne.

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New Comdata, KeepTruckin partnership

KeepTruckin's smartphone/tablet-based ELD is now available via Comdata's small-trucking-business-focused MyFleet Program.

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CX North America introduces tools for carriers, brokers

The CX North America Information Services company, a platform for freight management and collaboration for fleets and brokers, announced the launch of the company and the opening of its headquarters office in Tecumseh, Ontario.

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TBS Factoring goes paperless

The company has implemented a paperless system for its fast-cash invoice-factoring core service, and also celebrated its 10,000th client, hotshot hauler Larry McNeil, with recognition and a few extras.

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Seasonal pattern taking hold in spot market dry van, reefer

Good news, bad news: Normal seasonal slowdowns means "we're coming down from higher volumes of freight and rates. Compared to December 2016, the strongest month of the year, we're sliding, but compared to last year at this time, we're up."

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‘Freight recession over,’ analyst says — flat, van, reefer demand updates

Following an "18-month malaise" in freight sparked by the collapse in oil prices at the end of 2014, says DAT analyst Mark Montague, the freight recession is now officially over.

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