North America Spot Freight Measure Falls 15 Percent
PORTLAND, OR -- Following an established seasonal pattern, spot market freight volume declined 15 percent in November from the month before, largely due to a drop in demand for flatbed trucks, but there were slight improvements in rates.
Spot Freight Volume Holds, Rates Decline
PORTLAND, OR -- Spot market freight volume remained nearly stable in September, but rates generally continued moving lower, according to the DAT North American Freight Index, based on the DAT Solutions network of load boards in Canada and the U.S.
Spot Freight Market Rebounds, Best in Three Months
TORONTO - A measure of the spot freight market closed out September on an up note, following two consecutive months of disappointing load volume. The TransCore Link Logistics Canadian Freight Index picked up modestly with load volume increasing 7 percent from the month before but was still down 25 percent compared the same time last year. This put the index at 210 for September, its best reading since June when it registered 263.
U.S. Spot Freight Rates, Availability Continue Lull
BEAVERTON, OR -- The availability of truckload freight on the U.S. spot market hit a lull during the week ending July 18, according to DAT Solutions, which operates the DAT network of load boards, leading to a decline in load-to-truck ratios and rates across all three equipment types and at their lowest points in at least the past four weeks.