PORTLAND, Ore.–TransCore’s North American Freight Index shows that the spot freight market continued a strong showing, with a 122 percent increase in spot market freight availability in July, compared to this time last year.
However, consistent with normal seasonal patterns, July’s North American load volume was 14 percent lower than June’s.
In other month over month comparisons, spot freight loads for dry vans and refrigerated (reefer) vans each dipped 8 percent in July compared to June, while flatbed load availability declined 17 percent.
Brokers, 3PLs, carriers, and owner-operators in North America are on track to list more than 60 million loads and trucks this year across a variety of services feeding TransCore’s DAT Network. As a result of this high volume, TransCore states its North American Freight Index is representative of the ups and downs in spot market freight availability throughout the U.S. and Canada.
Truck News is Canada's leading trucking newspaper - news and information for trucking companies, owner/operators, truck drivers and logistics professionals working in the Canadian trucking industry. All posts by Truck News