In the News

Fleet Owner: Truckload rates hit record high in September as holiday shipping starts early

Despite a 1% drop in DAT's Truckload Volume Index, rates hit a high mark for any September—ever. With historic supply chain constraints, the holiday shipping season began early, driving van rates to a new monthly high for the fifth time this year.

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American Trucker: While freight fell 1% in September, truckload rates spiked

According to DAT Chief Scientist Chris Caplice, the combination of strong consumer demand, new and evolving supply chain bottlenecks, and early proactive shipping for the holiday season kept demand for capacity at record highs.

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Commercial Carrier Journal: DAT: Contract rates catching up with spot rates

The national average contract van rate was $2.85 per mile, up 3 cents compared to August. Read CCJ for more.

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Commercial Carrier Journal: DAT: Contract rates catching up with spot rates

The national average contract van rate was $2.85 per mile, up 3 cents compared to August. Read CCJ for more.

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For Construction Pros: Construction Costs are Forecast to Keep Rising through Next Year

JLL’s H2 2021 Construction Outlook forecasts scant materials and labor availability continuing to constrain recovery through the first half of 2022, with worsening cost and labor conditions as nonresidential work volume finally begins to rise.

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Overdrive: DAT: Van spot average rate hit a record high recently, more rates trends

Rates across the dry van, flatbed, and reefer segments all continued to climb through the first week of October. Details here on Overdrive.

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Commercial Carrier Journal: USA Truck founder Robert Powell passes away

Powell bought the truckload division of Arkansas Best Corporation in 1983, which he later renamed to USA Truck. Also: DAT announces new factoring partner for load board; Kenworth plant wins state environmental award.

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The Journal of Commerce Online: Trucking: Truckload spot rates inland from Los Angeles keep rising

The backlog of freight in Southern California is forcing more shippers to the truckload spot market as they search for any available capacity to speed goods inland.

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Transport Dive: Trucks, trailers, tonnage: What transport data says about the state of the industry

Class 8 orders fell, as chip shortages limit OEM's build slots. "The supply chain remains a huge mess," FTR's Don Ake said.

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Washington Post: Inside America’s Broken Supply Chain

The global supply chain that brings toys, clothing, electronics and furniture from Asia to the United States each year is clogged, an enduring impact of the pandemic that is unlikely to ease soon.

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