business

Spot market extremely tight, favoring truckers, ahead of Christmas week

A lot of truckers took time off last week ahead of Christmas, which meant there were already fewer trucks on the road. It was also the first week under the electronic logging device mandate, and the combination of the upcoming holiday and new regulations pushed the national load-to-truck ratio for vans up higher than it’s ever been – 10.1 loads per truck.

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Uber Freight adds pre-planning tools in app

Advance truck posting and load searching tools are being added to the Uber Freight brokerage's mobile software for truckers utilizing it.

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Spot market update: Closer-to-normal trends on offer in the last week, though the ELD mandate could change that

Dry van volumes were pretty similar last week to the week before. Rates started to settle down a little after peaks post-Thanksgiving, and the surge in volumes that sent prices skyward on the West Coast is mostly in the rearview – all normal stuff for this time of year. Then the ELD mandate happened. ...

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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’s 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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