DAT said there were some seasonable elements in the mix, with spot rates rising in December over each of the last five years, as December van and reefer rates each registered their highest levels going back to January 2020.
Atlanta was the easiest market to find spot truckload van freight in 2019, according to a Jan. 9 DAT Solutions report.
DAT Solutions is supplying Knight-Swift Transportation with a new rate forecasting tool to provide actionable short-term and long-term insights into transportation markets. The tool provides forecasts based on the DAT RateView database of more than $
Peggy Dorf, senior analyst at DAT, said the Celadon’s closure could cause some temporary hang-ups in isolated markets or lanes, but at the national level, even 3,000 trucks don’t have a big impact on capacity or rates in today’s market conditions
Rates rose sharply on loads that were picked up during the week ending Dec. 1 as brokers tried to attract capacity during the short workweek, according to data issued by DAT Solutions.
Both the Coyote Curve fourth-quarter forecast and DAT Solutions 2020 Forecast show contract truckload rates rising sometime after the mid-year point in 2020.
October saw more spot market truckload shipments than any other month since January 2015, according to the DAT Truckload Volume Index, which reflects changes in the actual number of spot market loads moved each month.
The number of load posts on the spot market closed the month of October on a high note, increasing 16% during the week ending Nov. 3, said DAT Solutions, which operates the DAT marketplace for spot truckload freight.
Despite higher freight volumes in several key markets, load postings fell 5% nationwide and truck posts dipped 1% during the week ending Oct 22, said DAT Solutions, which operates the industry’s largest electronic marketplace for spot truckload freig
“We saw 7% more van loads moving the first half of 2019 on the spot market than in the first half of 2018. We're still kind of surprised and you may be as well,” said Dorf, speaking this week at an ACT Research seminar. “But the load-to-truck ratio w