7 more freight carriers go bankrupt in Q3, another shuts down
Seven more freight companies filed for bankruptcy over the past month, as unsecured debt racked up, although some transportation subsectors are showing strength.
Seven more freight companies filed for bankruptcy over the past month, as unsecured debt racked up, although some transportation subsectors are showing strength.
This year was "supposed to be the year of freight’s bounce back. The year of the pre-buy" of new trucks as fleets large and small anticipated the next emissions round from the Environmental Protection Agency.
A push to pull cargo forward earlier in the year to dodge tariffs is affecting typical season demand for trucks, said Ken Adamo, DAT chief of analytics.
Spot truckload volumes and rates saw declines in August on the heels of a tariff-driven pull-forward of imports, according to the new edition of the DAT Truckload Volume Index, which was released today by DAT Freight and Analytics.
Demand for truckload services cooled in August after July’s tariff-driven pull-forward of imports, according to DAT Freight & Analytics.
DAT One is reporting approximately 2 million loads posted during the first full shipping week after Labor Day.
What do today’s freight market conditions really tell us, and how can carriers and brokers use data the right way to stay profitable? Dean Croke from DAT Freight & Analytics joins us to break down the real story behind flat spot rates, capacity velocity, and why AI-driven data isn’t always reliable!
DAT Freight & Analytics will host free Driver Appreciation BBQ events on September 15 and 16 to thank truckers for keeping America moving.
No recovery from yearslong slump in sight as imports, factory activity and other drivers of demand sag
The freight market showed signs of recovery in the second quarter despite ongoing issues preventing it from truly turning a corner, according to experts.