PORTLAND, Oregon -- TransCore announced that the spot freight market continued a strong showing, with a 122 percent increase in spot market freight availability in July, compared to this time last year. However, consistent with normal seasonal patterns, July’s North American load volume was 14 percent lower than June’s.
In other month over month comparisons, spot freight loads for dry vans and refrigerated (reefer) vans each dipped 8 percent in July compared to June, while flatbed load availability declined 17 percent.
Brokers, 3PLs, carriers, and owner-operators in North America are on track to list more than 60 million loads and trucks this year across a variety of services feeding TransCore’s DAT® Network. As a result of this high volume, TransCore’s North American Freight Index is representative of the ups and downs in spot market freight availability throughout the U.S. and Canada.
TransCore’s DAT Network sets the standard for load board services in the North America by providing:
- The most loads and trucks found on any load board on the internet or in truck stops
- The highest number of exclusive loads found on a single load board
- The best quality brokers in the industry with the highest credit scores and lowest-days-to-pay