business

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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Latest ‘uber for trucking’ launches app — this time, it’s from Uber itself

“Uber for trucking,” long considered a freight-matching unicorn, has come to a kind of fruition, with the ride-sharing giant today unveiling its brokerage's Uber Freight matching app aimed at the owner-operator market with a focus on dry van and reefer loads.

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POLL: What’s your bigger business priority, profit growth or income stability?

Climing the ladder v. holding down a gig, greater risk is greater reward v. sticking with what's dependable, economic growth v. stability -- the prioritization choice is cast in a lot of different ways. Which side, if any, do you fall on when thinking about your business' future?

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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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Flatbeds, van rates start May relatively strong on spot market

A bit of a volume slide in the last week on the spot market for flats and vans, but rates are up and demand remains good. Perhaps more truckers in high-demand areas are taking to heart what recent tactical patience discussions: The best things come to those who wait.

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

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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Loose capacity a ‘speed limiter’ on rising rates in van freight

Loose capacity a 'speed limiter' on rising rates in van freight

The national average van rate held tight at $1.68 per mile last week. Still, rising lanes continue to outnumber falling lanes in what’s been a slow and steady trend.

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Dry van, reefer improved last week in many markets

Dry van, reefer improved last week in many markets

It’s typical for spot volumes to drop in the week before Easter, since that week tends to wrap up early on Good Friday. Good news is that the drop-off was slight compared to previous years.

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Spring freight season under way? Some evidence in this week’s spot market update

Spring freight season under way? Some evidence in this week's spot market update

Perhaps the biggest evidence comes in the national picture for flatbed freight, which continues to show very high load-to-truck ratios in most states after another strong month in March.

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Spot market: Good things come to those who wait

Spot market: Good things come to those who wait

In this week's spot market update, owner-operator James Woods urges more owner-operators to use tactical patience/time to their negotiating advantage -- and demand maps, more for dry van, reefer loads in the last week.

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