Supply Chain Managers See Little Change in Trucking Spot Market Rates
While the months on the calendar continue to change, the situation when it comes to spot market activity remains consistent in terms of annual gains.
While the months on the calendar continue to change, the situation when it comes to spot market activity remains consistent in terms of annual gains.
The amount of freight available on the spot market has jumped but rates have moved barely higher, if at all for some cargo. The freight matching service provider DAT reports the total number of loads available increased 7.5% May 11 through May 17, co
DAT Solutions’ carrier onboarding product, DAT Onboarding, is now integrated with Aljex Software, the company announced. Through the integration, Aljex users can quickly and efficiently bring on new carriers without leaving the Aljex application, D
Temperature-controlled carrier KLLM Transport Services is deploying DAT Keypoint Logistics Software, a transportation management system for freight brokerages, in its growing brokerage operation.
Based on the past week’s numbers, DAT Solutions found spot rates to be neutral or declining because capacity pressure is continuing to ease.
TransCore DAT, a subsidiary of Roper Industries, announced that it has officially changed its name to DAT Solutions LLC.
Spot market freight availability rose 24% in January, exceeding December levels for only the second time since 1996, according to new figures from the the freight-matching service provider DAT.
Freight activity and rates on the spot market remained elevated last week after a surge of freight following winter storms the week before, according to the freight matching service provider DAT.
Spot market rates according to loadboard DAT mostly rose in the first week of the year, as flatbed rates rose 0.9 percent to $2.17 and reefer rates rose to $2.13. Van rates were flat at $1.95 a mile.
Spot rates for truckload services are unusually high for this time of year. And that’s good news for an industry that has struggled for years with an increasing burden of regulations, seesawing fuel prices and razor-thin profit margins.