indicators

Shippers expect big rate increases as market swings in truckers’ favor

Shippers fear "double-digit," by percentage, rate increases loom as trucking capacity continues to tighten and spot market freight activity -- and rates -- continue to gain ground. Spot market rates have soared in recent months, and the contract market could be next, says an FTR analyst.

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Trucking industry employment falls for first time in 6 months

Trucking industry employment totaled 1.4625 million, up from last January’s 1.4554 million.

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Trucking industry employment jumped in October, September

The for-hire trucking industry added 3,000 jobs on a seasonally adjusted basis in October, according to the Department of Labor’s monthly report. The DOL also upwardly adjusted trucking’s employment stats for September by more than 5,000 jobs.

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Rates see big gains in June, hit 2016 high marks

ates in all three major truckload segments saw big gains in June, according to monthly per-mile spot market rate data from Truckstop.com, though per-mile spot market rates remain well below 2014 and 2015 averages.

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Trucking jobs report shows another decline in industry employment

May’s decline marked the third month so far this year that trucking industry employment has fallen on a month-to-month basis, bucking the trend of the overall U.S. economy’s monthly gains. May's report showed a weak job market overall for the U.S. economy.

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Trucking adds 1,500 jobs in January

January’s total employment figure in the for-hire trucking industry, reported by the DOL as 1.465 million, is just over 24,000 jobs higher than January 2015.

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Trucking employment shoots up at year’s end

December’s total employment figure in the for-hire trucking industry, reported by the DOL as 1.462 million, was just shy of 20,000 jobs higher than December 2014.

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Probability of recession in 2016 small, say analysts

At once, some put the probability of a true recession by 2018 around 80 percent. "Go long with your shippers" to solidify relationships, panelists at Truckstop.com's user conference urge.

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Rates dip again in October: Charts on van, reefer, flatbed trends

This is the third straight month all three segments have seen a decline in their national averages. Rates have been trending down since hitting record highs last summer. Here are the latest numbers for reefer, dry van and flatbed rates.

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Podcast: What’s up with rates?

DAT Solutions' Mark Montague talks with Overdrive News Editor James Jaillet about recent rate trends, where he sees rates headed next year and more.

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