The Trucker : The Trucker: DAT: Spot load and truck posts hold firm entering November
Load posts on DAT One held steady during the week of Nov. 2-7, dipping 3% to 2.13 million.
Load posts on DAT One held steady during the week of Nov. 2-7, dipping 3% to 2.13 million.
Tech giants continue to boost artificial intelligence spending. Google has projected capital expenditures of $91 to $93 billion for 2025, a significant increase from its earlier forecast of $85 billion. Microsoft’s spending rose 74% to reach $34.9 billion this year. Meanwhile, Meta’s investments climbed from $9.2 billion to $19.37 billion year over year.
Confidence has grown in recent weeks that an upturn in the freight cycle is approaching more quickly than previously expected.
Load posts on the DAT One load board dipped by 6% to 2.16 million last week and truck posts declined for the third straight week, slipping 9% to 221,480.
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Load posts on DAT One rose 2% to 2.26 million last week, while truck posts fell for the second consecutive week, down 5% to 232,703.
An emerging supply-demand imbalance in refrigerated (reefer) trucking is pushing more freight to the spot market and increasing upward pressure on short-term rates as the peak trucking season begins.