Tag: rates: Page 7

Partners in Business

Slowdown merits no panic for owner-operators, but pay attention to the basics

Weighing today’s trucking market is best done with proper perspective, say speakers from ATBS, the nation’s largest owner-operator financial services firm.

August 24, 2019

Business

Spot van demand falls, rates follow; some reefer bright spots

There’s some good news in the Midwest for reefer operators migrating away from California, where demand has declined. Load volume from Los Angeles fell 10%, Sacramento was down 5%, and Ontario lost 3% last week. Market to watch: Grand Rapids reefers.

August 13, 2019

Business

Summer dog days for rates on the spot market? Some exceptions in the last week

Last week vans were in highest demand in California, Nevada, and states bordering the Mississippi River. But rate gains were best in the East for the week ending Aug. 4. Markets to watch: vans out of Philadelphia, volatility in reefer markets, more.

August 9, 2019

Business

Reefer freight volumes outbound from Calif. offset slow summer conditions

Spot truckload freight volume fell another 8% during the week ending July 28. More van and reefer loads out of California helped halt a further decline, as spot loads of summer produce soaked up capacity and kept trucks busy with longer hauls.

July 31, 2019

Business

Spot rates soften in the last week

Load-posting volume slipped 16% during the week ending July 21, while the number of trucks available rose by 3%. The imbalance has been pushing national average spot rates lower, compared to June averages.

July 26, 2019

Channel 19

Revisiting the soft-market banana peel — freight relationships paying off for some

Randy Carlson “will have had my operating authority for 25 years” come next May. Right now, “trucking is the best it’s been in that entire 25 years” in general terms, he says, despite the slowdown for so many in the spot market, illustrating the value of steady freight partners.

July 25, 2019

Business

Freight recession? Not as long as volumes continue strong

Major van markets’ volumes regained all they lost during the July 4 holiday week, as talk of a freight recession arose from some industry quarters. Reefer shows signs of volume falls in the last week, but not the other major segments, DAT notes.

July 18, 2019

Electronic Logging Devices

When ELD data sharing provides too much insight

The possession and use of massive amounts of data can change traditional balances of power in rates, negotiations and direct contracts. There’s potential for carriers’ information to be used against them, should brokers or shippers be able to establish the carriers’ operational patterns, among other drawbacks fueling some semblance of backlash.

June 27, 2019

Business

Entering summer, spot market rates show signs of life

Spot truckload rates for van and refrigerated freight hit their highest national averages since January during the week ending June 23, according to data from DAT Solutions. Trend to watch, says DAT: Can the spot market sustain the momentum through the typical July-August freight slump?

June 26, 2019

Business

FTR: Spot rates outlook bleak for 2019, new ELD hurdle’s impact likely to be minimal

Per-mile rates on the spot market are forecasted to decline 7 percent in 2019 compared to 2018, FTR predicts, as freight growth has stalled and market conditions have softened over the past 8 months. Also: Notes on ELD enforcement and the looming full compliance date.

June 17, 2019

Business

‘Roadcheck effect’ pushed spot rates and demand indicators higher

While fewer Overdrive readers than in years past signaled they’d be taking the week off for Roadcheck, as previously reported, measurable spot-market participation on the truck side was nonetheless down in DAT’s metrics, pushing demand indicators and average rates up.

June 13, 2019

Business

Trend to watch: Flatbed, as rates in all segments make modest gains

The national average flatbed load-to-truck ratio improved to end May at 13. That sounds good on its face, but keep in mind it was almost 90 a year ago. In flat and elsewhere, national average spot rates inched upward during the holiday-shortened week after Memorial Day.

June 7, 2019