Load posts and rates in the spot market increased last week—but posts and rates remained down year over year—according to the latest reports from FTR Transportation Intelligence and DAT Freight & Analytics.
Informational powerhouses DAT and SONAR will duke it out for bragging rights and a generous charitable donation at the Future of Supply Chain 2024 in Atlanta, Georgia on June 4-5.
In some ways, Erika Voss and Lisa Henshaw of DAT Freight and Analytics are as different as night and day. In all the ways that matter most, however, both executives are cut from the same cloth. Both are innovative leaders who are attracting national attention in their respective fields of expertise as they work to keep data and people safe. In addition, both Voss and Henshaw are excelling in what is traditionally a man’s industry, reflecting changing perceptions throughout trucking.
The Transportation Intermediaries Association, the main trade group for freight brokers and 3PLs, has taken up what they hope will be an industry-wide fight against freight fraud, admitting that scammers are hurting their business and reputation. The fight isn't exactly going their way just yet.
In the first quarter of 2024, cargo theft incidents were up more than 46% compared with the year prior, according to CargoNet. Notably, it’s also a 10% rise from the fourth quarter last year.
The first four months of this year have been a challenge, but DAT expects to see the effects of seasonality on freight volumes and rates.
The outlook for truckload freight markets and rates is less cloudy after a dismal first quarter, according to carriers and analysts.
Shippers can compare their performance to all contributors over time and across numerous attributes, including average distance, count of loads, fuel cost per mile, total cost over time, and the percent of spot loads
Information was obtained from firm representatives through questionnaires and could not be independently verified by the Portland Business Journal. In case of ties, companies are listed alphabetically.
US truckload carriers aren’t waiting for capacity to exit the market; they’re parking and selling trucks to bring supply closer in line with demand and shore up pricing.