“Many retailers and manufacturers continued to hold inventory at current levels or allowed it to draw down. Freight moved in fits and starts rather than steadily and predictably building toward the July 4 holiday,” firm’s top analyst reports.
Spot truckload volumes retreated in June, reflecting subdued demand for trucking services during what is typically a summer peak, according to DAT Freight & Analytics.
What's more, shippers remained wary of soft consumer spending and uncertain costs from tariffs and the Israel-Iran war.
Despite a post-holiday bump in load and truck posts, spot truckload rates slipped last week
Launching a successful trucking business requires much more than just getting your authority and hauling freight—it demands strategic planning, building strong relationships, and a commitment to continuous learning. In this revealing episode, Christian Greiner, who leads carrier growth at DAT, shares critical insights into why 42% of new carriers fail within their first year and what separates the ones who succeed.
DAT, Carrier Logistics, RaceTrac, and Descartes release new trucking technology information and innovations.
Data recently issued on the DAT One Network provided to LM by DAT Freight & Analytics showed expected 4th of July-driven declines for spot market load and truck posts, for the week of June 29-July 5.
The trucking industry is wrestling with an unclear market trajectory forged through a combination of chaotic geopolitical negotiations and enduring market weakness, a situation for which experts see no clear end date.
DAT Freight & Analytics and Parade announced that Parade’s CoDriver AI phone and email platform is certified to integrate with DAT One, North America’s largest freight marketplace.
There were 1.93 million loads on the DAT One network during the week of June 29 to July 5.