Food Logistics: DAT Announces Acquisition of Freight Intelligence Business from Chainalytics
The acquisition further extends DAT’s position as the leader in market and pricing intelligence, with $118 billion worth of global shipment data across multiple transportation modes that include truckload, less-than-truckload and ocean freight.
Journal of Commerce: DAT buys shipper consortium, $50 billion in pricing data
DAT Solutions, the largest freight-matching load board operator in the US truckload spot market, is expanding its data analysis business and the services it offers shippers by acquiring the Freight Market Intelligence Consortium (FMIC) from supply ch
Transport Topics: DAT Acquires Freight Intelligence Business From Chainalytics
DAT Solutions has reached a deal to acquire the Freight Market Intelligence Consortium, a subscription-based benchmarking and analysis service, DAT announced June 1.
According to the Bureau of Labor Statistics the truck transportation sector had 1,523,900 employees as of March. In April, that figure dropped to 1,435,600.
Commercial Carrier Journal: Broker blues: Carriers cry foul on brokers as COVID-19 stall erodes spot market rates
“The pendulum swings both ways,” said Ken Adamo, chief of analytics at DAT. For instance, he said, the sudden deluge of loads in early March — freight like bottled water, toilet paper and refrigerated foods — caused rates to spike on the spot market
Transport Dive: Trucking demand craters, rates follow
Demand for trucking cratered in April. DAT's load-to-truck ratio, a measure of demand, was down 32% year over year (YoY) for vans, down 33% YoY for reefers and down 72% YoY for flatbeds.