DAT Freight & Analytics, which operates the DAT One marketplace for spot truckload freight and the DAT iQ analytics service, and Convoy, a leading digital freight network, announced the amicable settlement of pending legal action between DAT and Convoy:
DAT Freight & Analytics has introduced new initiatives involving a combination of technology, education and enforcement to reduce the risk of fraud and double brokering in the trucking industry while delivering speed, convenience and an open marketplace via the DAT One truckload freight network.
The June edition of the DAT Truckload Volume Index (TVI), which was issued this week by DAT Freight & Analytics represented a mixed bag, of sorts, with spot rates remaining firm, and contract rates falling to a nearly two-year low.
Truckload freight volumes and spot rates held firm in June while contract rates fell to their lowest points in almost two years, according to DAT Freight & Analytics, operators of the industry’s largest online freight marketplace and DAT iQ data analytics service.
The national benchmark contract rate for dry van freight has not increased for 12 consecutive months
An 18-month legal battle between trucking load board and data provider DAT Freight & Analytics and truckload broker Convoy has ended after the two parties agreed to a confidential settlement. Terms were not disclosed.
A series of lawsuits and countersuits between load board operator DAT and digital brokerage company Convoy has been resolved through an “amicable settlement,” the companies announced Tuesday.
“How am I doing?” This is a typical question among shippers in a volatile market without visibility into how their network of logistics partners and service offerings measures up against the performance of peers and competitors.
Truckload freight volumes and spot rates held firm in June while contract rates fell to their lowest points in almost two years, said DAT Freight & Analytics, which operates a major online freight marketplace and the DAT iQ data analytics service.
Truckload freight volumes and spot rates held firm in June while contract rates fell to their lowest points in almost two years, according to DAT Freight & Analytics.