Spot freight index in July increases

TransCore announced the spot freight market continued a strong showing, with a 122 percent increase in spot market freight availability in July compared to a year earlier.

July’s North American load volume, however, was 14 percent lower than June.

In other month-over-month comparisons, spot freight loads for dry vans and refrigerated vans each dipped 8 percent in July compared to June, while flatbed load availability declined 17 percent.