Owner-Operator

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Flatbed rate trend of the week June 24

While van prices have remained fairly stable in the past couple weeks, we've seen some huge swings in the flatbed market. Rates have surged in certain lanes and regions of the country, while rates have plummeting in other lanes and regions. In general, the winner has been the Southeast, while the Midwest has stalled.  The ups and downs… Read More

Why are truckload spot rates lower than last year?

June freight volumes have been rising the past two weeks, ever since International Roadcheck took some capacity off the road during the first week of June. In fact, June freight volumes in the Top 100 van lanes are up 22% compared to June 2018. So why are rates 41¢ per mile lower this year? There are a number of contributing factors. For one, a record number of truck purchases last last year has led to increased capacity. That… Read More

How to find the best freight brokers

Are you looking to expand your motor carrier business? The key is finding new business partners that you can trust. Every subscription to the DAT TruckersEdge and DAT Power load boards comes with the DAT Directory, our extensive database of transportation companies that lets you connect with and evaluate new business partners with ease. The video below gives a… Read More

June freight could set the tone for rest of year

It's no secret that truckload rates aren't where they were a year ago. We don't expect prices to reach the same levels we saw in 2018, but we've been predicting a second quarter rebound for quite some time now -- really since last December, when we also said that we expected a softer than usual first quarter. A number of factors delayed that rebound, but there are signs emerging that it's finally here. The first delay was the scope of… Read More

California and Texas driving reefer demand

Just as we saw with van freight, reefer rates and load-to-truck ratios cooled down last week after rising sharply the previous week due to the International Roadcheck inspection blitz. On the other hand, reefer freight volumes were up 20% compared to the previous week. Produce season is on, and we saw big volume increases coming out of both California and Texas. Although the national reefer load-to-truck ratio was down 30% last week… Read More

Technology tackles trucking's parking problem

Few issues get truckers more worked up than the lack of available truck parking. But this year there's actually some good news to report. Eight Midwestern states launched the Truck Parking Information Management System (TPIMS), a coordinated effort by state DOTs that helps truckers locate safe, legal parking spaces at both public rest stops and private truck stops. Other states have their own… Read More

Secrets to trucking success: Find a need and fill it

Author Earl Nightingale once said that to get rich, you just have to find a need and fill it. In the eight years I’ve been an independent owner-operator, that's how I've tried to run my business. My company has never been awarded contract freight, so all of my loads have come from hundreds of freight brokers. Pinpointing a specific need and filling it is key to running the spot market .  Other than being able to drive a truck,… Read More

Van rates finally get a boost

For many motor carriers, June couldn't get here fast enough. This is typically the busiest time of the year for spot freight, and it brings in some of the highest rates of the year for trucking companies. Last week, prices increased on 90 of the top 100 van lanes, and on DAT load boards, there were more load posts than any other single week since last September. Of course, much of last week's jump in rates and load-to-truck ratios… Read More

Reefer rates growing as produce season arrives

What do you get when you combine produce season with International Roadcheck week? You guessed it: a jump in both rates and load-to-truck ratios. As we saw with van freight, reefers got a big bump last week. Many drivers stayed home rather than face inspections,… Read More

Freight Forecast: Is the worst yet to come?

It’s natural to prefer predictability over surprise in many parts of your life, but as the axiom says, “change is inevitable.” That is especially true in the factors affecting the transportation industry, whether it’s the daily truckload rate from St. Louis to Chicago or the global supply and demand for oil or the interest rates for U.S. dollar-denominated debt. Last year was a year of extraordinary change. The… Read More