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.
Spot truckload freight volumes settled lower in February, driven by a mix of seasonal slowing, winter weather and shipper concerns about tariffs and economic volatility.
Here’s a look at factors impacting producers and markets as some forage answers begin to emerge.
On-again, off-again tariffs are dashing hopes for a 2025 freight market upturn. Trump's tariff roller coaster is concerning analysts and threatening trucking's long-awaited rebound.
The flow of goods moving across the US-Canada border shrank last week, but not the cost of moving them, as a trade war between the two neighbors deepened.
DAT appoints a new chief people officer; Kooner FMS names a new chief operating officer; and BeyondTrucks creates Product Advisory Council.
Rates for cross-border trucking to and from the U.S. jumped in the lead up to President Donald Trump's new tariffs on Canada and Mexico, as companies scrambled to accelerate shipments ahead of an expected increase in costs.
Four fast freight features this week
Freight news in typical winter down periods is sometimes scant, or just clicking along in the background of the day-to-day with outlooks for the rest of any given year.
Ben Kowalski and Dean Croke of DAT Freight and Analytics break down recent US-Canada tariff changes, covering their impact on freight volumes, rates, and carrier challenges.