business

Reefer temps cool a degree during between-holidays ‘lull’ on spot market, but demand, rates continue strong

Van rates are at their highest national average in three years, and though many of the crazy-high averages for reefer lanes have fallen back down to earth in the last week, reefer rates are still a good bit higher than usual for this time of year.

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What your business’ outlook for 2018?

It's that time of year again -- when we all take stock of the past 12 months and look ahead to the next, still with, however, the ELD mandate looming this time around. Considering all of it, amid an improving rate environment, what's your sense of how 2018 will shape up. Better? Worse? The same? ...

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When ‘being in the red is a good thing’: Van spot market hot states — all but Mass., Fla.

The national van average rate is back up to $2.09/mile post-Thanksgiving, and the load to truck ratio is a record 9:3. All states but the two named are shaded deep red, indicating high demand for trucking services ...

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Evotrux’ new freight-bid platform

The new Evotrux shipper/broker-carrier connection platform, based in Canada, has launched its online-bid system in which carriers can bid on loads posted by shippers and brokers.

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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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MyRiteLoad shipper-carrier freight platform ‘reboots’

MyRiteLoad hopes to fulfill the promise of what has been called the "elusive holy grail" of load matching, providing load-board-like spot market connections for independents and small fleets to direct shippers rather than brokers.

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BigRoad launches in-app load matching platform

The ELD/digital logbook provider has built its on-demand freight-matching service in ​partnership ​with ​brokers, ​load ​boards, ​and ​digital ​freight ​platforms, ​bringing together loads in a simple package, the company says,

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Reefer, van spot market demand remain high in the last week over much of the country

Last week, the national average reefer rate hit its highest mark in three years at $2.40 per mile, and the market has looked more like June than November.

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Holiday freight is moving as L.A., Chicago top van markets in latest spot update; reefer strengthening too

Since Hurricane Irma, van freight rate gains have been more or less sustained, and "to put this in perspective, we haven't seen van rates this high for a protracted time ... since the Polar Vortex/Snowpocalypse of 2014," DAT's Ken Harper says.

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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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