Is there light at the end of the tunnel for shippers?

It’s no secret that truckload rates have been hot, and prices are still exceptionally high. But for shippers, there are signs that some of that pressure is releasing, according to the recently released Pulse Signal Report for November.

The October report showed the early signs of a slowing market, and those signs became more pronounced in this most recent report. For example, the Spot Premium Ratio, which takes the average spot rate cost per mile for shipper members of the Freight Market Intelligence Consortium and divides that by their average contract rate cost per mile, fell for the first time since May.

Read this month's Pulse Signal Report from DAT iQ.

The SPR captures the pressure that spot rates are placing on contract rates and provides early signs of changes in contract rates. A falling SPR is a measurement of that pressure releasing, though obviously rates remain high.

Fill out this form to request your copy of the Pulse Signal report from DAT iQ.


DATA ANALYTICS SERVICES
Actionable insights into
truckload markets


Matt Sullivan

Matt Sullivan joined DAT Freight & Analytics in 2014, covering topics for motor carriers, freight intermediaries and shippers. Prior to joining DAT, Matt spent more than 10 years in journalism as a writer and editor for the Anchorage Daily News, Nashville Scene and other publications.