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Spot market rates rise in September

Spot market rates have been increasing throughout the first two weeks of September, for all equipment types. For example, van rates rose by $0.02 (1.6 %) on the spot market between September 1st and 14th, to a national average of $1.29 per mile for line haul only. Spot market rates, which are paid by the broker or other third-party intermediary, are more dynamic than the contract rates paid directly by the shipper to the carrier. As a… Read More

Great driving

On Friday afternoon, as we watched from our second-story office window in admiration, Gary F. of Ontario Canada-based Liberty Linehaul adjusted his sliders and deftly maneuvered his 18 wheeler through our narrow parking lot. He took a 90-degree left turn between curbs and parked cars,… Read More

Reefer Madness: July contract rates increase as broker rates recede

Contract rates for reefers increased from $1.50 to $1.51 in July. This seems odd, because spot market demand -- and broker rates -- peaked at $1.58 in June for refrigerated vans, then declined to $1.53 in July on the way to the current average of $1.49 in the last week of August. Reefer demand still exceeds capacity, with a spot market load-to-truck ratio of more than seven loads per available truck. But the decline in the spot market rate… Read More

Spot freight market demand eases toward equilibrium

Looking at recent trends, there has been a slow but steady easing in spot market freight volume since April. This was corroborated by the ATA For-Hire Truck Tonnage Report for July, which showed a 5% decline in tonnage, not seasonally adjusted. Bob Costello, Chief Economist at the American Trucking Associations (ATA), predicts that tonnage will increase moderately in the second half of 2010.Meanwhile, spot market rates for vans and… Read More

Van and reefer rates follow seasonal pattern, but flatbeds...?

We expected spot market rates to decline after the end of June, which is usually a peak month for freight. Vans and reefers followed the seasonal pattern, but flatbed rates seem to be rebounding in mid-August after a lull in July. Do you see indications of increased demand in the flatbed segment? New capacity constraints? Please… Read More

CSA 2010 Previews Available from FMCSA

The Federal Motor Carrier Safety Administration (FMCSA) recently began providing commercial motor carrier companies with a preview of their safety rankings under the agency’s new enforcement and compliance program, the Comprehensive Safety Analysis (CSA) 2010. This assessment includes the seven CSA 2010 Behavior Analysis and Safety Improvement Categories (BASICs): Unsafe Driving, Fatigued Driving (Hours-of-Service), Driver Fitness,… Read More

Summary of Proposed Federal Rules for Freight Brokers

Motor Carrier Protection Act of 2010Summary of Major Provisions, excerpted from the web site of Senator Olympia SnoweIncreases the broker bond from $10,000 to $100,000 and applies the bonding requirement to freight forwarders. Establishes stricter requirements for entities seeking broker/forwarder authority as well as specific guidelines from FMCSA’s review of… Read More

Spot market truckload rates overtake contract rates

Heading into summer, spot market freight rates for refrigerated (reefer) vans are on track to exceed contract rates by nearly 10%. It appears that flatbed rates on the spot freight market will equal or exceed contract rates in June, as well. And the gap for dry vans is closing to 5% between the two rate… Read More

Spot freight increases by 216% in May, compared to 2009

Load availability has been increasing steadily on the spot market, driving the average load-to-truck ratio over 7-to-1. Flatbed freight surged for the first four months of the year, increasing by more than 1,000 percent compared to 2009, before declining by 15% in May compared to April. The ratio for flatbeds stayed above 32 loads per… Read More

TransCore carrier survey reveals staffing concerns

Carriers expect to face driver shortages this year, according to the Initial responses to TransCore’s carrier benchmark survey. They expressed concerns about staffing issues, in response to a question about business challenges that might arise in 2010 and 2011. Other concerns included CSA 2010, other regulatory changes and… Read More

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DAT operates the largest truckload freight marketplace in North America. Transportation brokers, carriers, news organizations and industry analysts rely on DAT for market trends and data insights derived from 256 million freight matches and a database of $60 billion of market transactions.

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The company was established in 1978 as the Dial-A-Truck (DAT) load finder service at Jubitz® truck stop in Portland, OR.

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