business

Spot market 2016: No post-Memorial Day slump in rates

Spot market rates continued their upward trend after the holiday. The Sun Belt is still showing strength, as last week, and the Midwest continues to improve. California volumes are holding.

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Spot market update: ‘Genuinely good news’ for a change

Two-thirds of the 80 highest-volume van lanes got a rate increase in the past week alone, and flatbed markets in every region of the country are gaining some ground.

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Spot market update: Slight demand improvements for van, reefer

Rates slipped a cent for vans and reefers but are recovering already this week, given tighter capacity and an increase in the fuel surcharge. Atlanta-Houston roundtrip -- splitting the return from Texas could be advantageous.

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Two steps forward, one step back: Spot market van, reefer rates retreat in last week after gains

After volume and rate gains across van, reefer and flat segments the prior week, this past week has seen van loads flat for volume. More posted trucks resulted in something of a slight rates give-back. But we're still up over the April average.

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Cash flow, insurance, more about getting your authority

Getting your own operating authority is usually a straightforward process, but it's still got enough hoops to jump through, complete with red tape, that a new entrant should allow three weeks to get approval.

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Used truck prices continue decline, sales inch forward

Sleeper tractors between 3 and 5 years old lost an average of 2.5 percent of their retail value from February to March according to data released Monday by American Truck Dealers.

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Freight-matching platform for minority-owned biz

The new Minority Carrier Exchange allows shippers with diversity requirements to exchange freight information with certified minority-owned trucking companies.

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Owner-operator spending on fuel, insurance, truck payments and more wanted for annual report

The American Transportation Research Institute is seeking input from owner-operators and carriers for its annual Operational Costs of Trucking report. The brief online questionnaire asks about basic cost information of for-hire carriers such as driver pay, fuel costs, insurance premiums, and lease or purchase premiums.

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Spot market rates finally respond after weeks of major-market load volume improvement

Freight and rates are picking up pretty much all over the country, but lanes favoring carriers (more than 3 loads per truck) are in the Southern "belly band," from South Carolina/Georgia, over to California.

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Reefer, van spot markets in the last week — rates steady, volumes on the rise

National average rates held steady for vans last week, as gains in the Southeast and some California markets were offset by declining rates in the Midwest and Northeast. For reefers, markets in Calif., Ga., Fla., Ark. and Texas gained a lot in load volume.

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