business

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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Flatbed rates hit multi-year high in August as van, reefer slump pre-Harvey

The effects have Hurricane Harvey have pressed van and reefer rates higher to start September, but the two segments both saw declines overall in August from July, according to monthly rate data provided to Overdrive by Truckstop.com. Flatbed, meanwhile, hit its highest average in nearly three years in August, according to Truckstop.com’s data.

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Spot market update: Harvey ripple effects, lookback on dry van demand through 2017 so far

The demand map for the dry van segment continued to be on the darker, truck-favorable side in the last week, part of a somewhat uncommon trend in the spot market for this time of year. Run through the shifting sands of van demand so far this year in a video, and more in this week's update.

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Hwy Pro web portal offers dispatch, business services

Coming to a smartphone near you is the Hwy Pro business process technology outsourcing app, which has already launched as a web portal -- optimized for mobile devices -- that gives participating owner-operators access to loads, invoicing and payment services.

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August shaping up well on the spot market, all things considered — van, reefer updates

For vans, reefers, signs still point for strong rates for this time of year, which bodes well for the rest of the third quarter and through to the end of the year on the spot market.

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Engage.Bid tool can be effective for small carriers working large-shipper RFPs

Devliering the ability to "price with conviction" is the goal of the tool, released by TMW last year -- it enables carriers to pull shipper RFPs' lane-by-lane requests for rate bids into a proprietary module and apply analysis tools. Then output bids quickly back to RFP lane files, speeding up the process.

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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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Truckers asked to name top concerns in trucking industry

ATRI gives survey respondents a list of 28 issues identified by the industry and asks for the respondent’s top three issues from the list. It also gives respondents the opportunity to include issues that are not included on the list.

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What happened to the summer freight doldrums? August starts strong for vans, flats, reefers

DAT's Ken Harper: "Here's one for the record books: August started stronger for vans than any of the last 18 months. August! Really? What happened to the summer doldrums?"... Flatbed, reefer holding fairly strong as well, given the season.

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Research broker histories before taking load from new source

Using resources available on different load boards to research a broker's credit history, days to pay and more can help prevent a bad experience.

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