volume

As spot market hummed into Thanksgiving week, higher rates in all three major segments emerged

"These should be happy holidays for the trucking community" when it comes rates, says DAT's Ken Harper, "especially owner-operators. Looking farther out, the prognosis is still good, although there are reports of a slowing economy. We shall see."

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Spot market: Rates cool a smidge for vans, reefers, but conditions remain good for truckers

After surging for several weeks van spot market rates moderated a bit the week of Oct. 8-14. Looser truckload capacity led to a lower national average, interrupting what had been seven straight weeks of increases.

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Rates up: A result of last week’s ELD protests?

Rates haven't been as good as they were last week since the Snowpocalypse of 2014, notes DAT's Ken Harper. But before you attribute that to the number of owner-operators who shut down last week in solidarity with ELD protests around the country, consider truck posts on DAT boards weren't off by much. Reefer, van demand updates here.

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ELDs not alone in driving up rates

These factors indeed point to a capacity crunch – Noel Perry predicts it happening between March and July – that clearly exceeds the market’s typical ups and downs.

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Spot market gains in the last week — dry van, reefer at record volumes

Up, up, up: Spot market volumes hit an all-time high on the top 100 van lanes last week. And at $1.94 per mile, the national van rate is the highest it’s been in two and a half years – 16 cents higher than the overall August average.

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Spot market tightens, with rates moving accordingly on several lanes for vans, reefers

Capacity has been tight on the spot market, volumes heavy. Nationally, there are more loads available than there were before Hurricane Harvey, and recovery efforts after Irma have led to soaring van rates on lanes heading into Florida. More snapshots on hot and cold lanes, markets and more here.

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Spot update shows high demand across the country — vans, flats in detail, disaster-relief opportunities, more

Freight lanes re-orient North-South as demand picture shifts for dry vans. Some platform opportunity exists, notes FEMA contractor Foxhole Logistics, and in general terms the typical late-September-beginning fall freight season may be getting an early start.

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In the freight rate/availability weeds this disastrous week

With Hurricane Irma on the way and Harvey's effects being felt, the two natural disasters are "coming on top of a robust economy," notes DAT's Ken Harper, which could bode well for parts of the national freight market in the coming weeks.

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Harvey effect: Texas rates climbing, diesel could jump 15-25 cents, high-dollar FEMA loads available

Per a seven-day rolling average maintained by load board DAT Solutions, van rates between Dallas and Seguin, Texas, (about a 250-mile run) have shot up 49 percent in recent days to a $3.46 per-mile average, with some loads paying above $5. More here on rates and fuel prices here...

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A hot August: New development for the spot market in van, reefer

Find load-to-truck demand indicator averages for van and reefer below -- for last week, when volumes declined for vans nationally but remained well higher than what is typical for August most years. "Temperatures in our part of the woods have come down from their unseasonably torrid highs," noted DAT's Ken Harper, "but it's still very warm. The same can be said about spot market freight." In July, the national van load-to-truck ratio was 5.5 on DAT ...

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