PORTLAND, Ore. -- Spot market freight availability increased by 216 percent in May, compared to the same month in 2009, according to TransCore’s North American Freight Index. This was the strongest volume for the month of May in at least 10 years, according to the company.
Spot market freight availability has been higher than normal since January. Freight availability increased in May for dry vans and refrigerated (reefer) vans in advance of the peak summer season. However, spot freight for flatbeds fell by 15 percent compared to April’s extremely high level.
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.
The 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.