September truckload demand at an all-time high
PORTLAND, OR - The DAT North American Freight Index is reporting a soaring demand for truckload capacity last month. Spot fright demand was at an all-time high in September, with a 74% gain over the same month in 2016. The increase was the largest seen since 2010.
Record-high spot rates cap robust first half
PORTLAND, OR--Spot truckload freight activity in June rallied to record highs for the number of available loads while rates rose to their highest points in nearly two years, according to the DAT North American Freight Index. The June Freight Index increased 24% compared to May and was up 57% year over year, capping a robust first half of the year.
U.S. rates steady despite volume increases: DAT
BEAVERTON, OR - While U.S. truck volumes increased in many van lanes last week, rates are holding steady because of available capacity, DAT RateView reports in its latest findings. Combined with lower fuel surcharges, van and reefer rates actually dipped a penny a mile. Average flatbed rates rose a mere cent on their own.
Rates slip despite truck-to-load ratio increase: DAT
PORTLAND, OR - According to DAT Solutions, last week's load-to-truck ratios increased for reefers and flatbeds, with flatbeds continuing a six week climb. However, rates didn't reflect the increase in the truck-to-load ratio as the national average van rate dropped three cents per mile, with both reefer and flatbed rates slipping one cent per mile.
U.S. Spot Rates Fall Despite Increase in Available Freight
A lot more freight has been available on the spot market over the past week, but it has also pushed rates down. New figures released from DAT show total spot market freight needing to be moved increased 22% September 8-14, compared to the previous seven days.