Freight Rates
U.S. Spot Freight Rates Down Over Past Week
BEAVERTON, OR -- Spot truckload freight rates posted small declines in all three major sectors during the week ending June 20 compared to the previous week but are well above the averages for last month, according to DAT Solutions, which operates the DAT network of load boards.
Spot Market Freight Volume Down, Remains Strong
PORTLAND, OR -- Spot market freight volume remained relatively strong in May, edging down just 1.7% compared to April, according to the DAT North American Freight Index.Compared to the extraordinary volume of May 2014, freight declined 27%, however, volume exceeded same-month totals for 16 of the 18 years since the index was established in 1997. May freight volume dipped 0.8% from April for vans, 4.6% for flatbeds, while refrigerated freight increased 8.1%. Rates on the spot market followed the trends in volume by equipment type, slipping 1.9% for vans, 0.5% for flatbeds, while reefer rates rose 2.7%, compared to April.
Freight Rates Post Solid Gains Despite Lower Fuel Prices
MISSISSAUGA - - Freight rates are on the rise with newly released figures showing the total cost of ground transportation paid by Canadian shippers increasing 2.2% in February from the month before, according to the Canadian General Freight Index.