Some stability has returned post-pandemic to the truckload market, says Chris Caplice, chief scientist at DAT Freight & Analytics. Shippers are applying the lessons they learned after the dynamic changes they experienced in capacity and rates.
Flatbed trucking rates have surged over the past month as steel and lumber shippers hurry to stockpile inventory amid tariff whiplash threatening to roil their supply chains, experts say.
The rate jumped by 4 cents last week, the largest weekly gain this year, said Principal Analyst for DAT iQ Dean Croke.
Logistics software company Descartes has acquired 3GTMS, a widely used domestic transportation management system (TMS) provider, the companies said Tuesday.
Chris Burroughs, President and CEO of TIA, joins us to discuss the upcoming TIA Capital Ideas Conference. Joining him are Kary Jablonski, VP & GM of Broker Growth at Trucker Tools, and Ken Adamo, Chief of Analytics at DAT Solutions, who will share valuable insights on the industry and what DAT is building to solve its challenges.
Tune in now to stay ahead in the freight game!
February spot market data has revealed the impact just the threat of U.S.-imposed tariffs has had on cross-border freight, as well as the immediate aftermath.
In this conversation, Spot Co-founder Andrew Elsener and Dr. Chris Caplice, Executive Director of the Massachusetts Institute of Technology’s Center for Transportation & Logistics and Chief Scientist at DAT Solutions, discuss the evolution of freight transportation, the importance of optimization in RFPs, and the dynamics of market visibility.
Hiring and retaining drivers is uniquely difficult among for-hire, long-haul, truckload carriers. Often dubbed “the driver shortage,” the issue could worsen as freight demand rises.
Driven by a combination of seasonal slowing, winter weather conditions, and ongoing uncertainty regarding tariffs and economic conditions, spot truckload volumes trended down in February, according to the new edition of the DAT Truckload Index, which was issued today by DAT Freight and Analytics.