Tag: flatbed: Page 4

Business

Spot-market promise amid volume declines in the last week: West Coast vans

Freight volumes rose in a handful of major markets, but the number of spot load postings fell 5% nationwide, and truck posts dipped 1%, during the week ending Oct. 22. Bright spot: Vans on the west coast.

October 23, 2019

Custom Rigs

Ruben Carrion’s recently custom-restored 2000 Peterbilt 379

No, it’s not an e-log exempt unit. “I checked with three different dealers,” owner-operator Ruben Carrion says, determining nonetheless to do a custom-restore of the unit he took about three months off for early in 2018. Catch a video walk-around and more of Carrion’s long trucking history since immigrating from Panama as a youngster.

October 17, 2019

Business

Truckload spot market volume rebounded in the last week

Wish we could say the same for truckload spot rates: While demand for vans returned to normal in Houston and other markets affected by recent flooding, rates did not respond immediately as averages through Sept. 29 show only slight improvement over August.

October 2, 2019

Business

Up-and-down demand volatility continues on spot market with weather hampering activity

Spot truckload freight activity slowed last week as Tropical Storm Imelda brought severe rain and flooding to Houston and other nearby areas, disrupting supply chains across the South and Midwest. And: How’s $2.85 average rate for a reefer out of Denver sound? ….

September 26, 2019

Business

Southeast, Texas flatbed volumes looking better in the last week

Together, spot flatbed trends in the Southeast and Texas suggest better times ahead for carriers on the spot market. All in all, demand slipped nationally a bit for vans and reefers, while growing for flatbed. Market to watch: Vans and reefers from the Pacific Northwest.

September 19, 2019

Business

Have spot rates bottomed out?

There are signs of it in data from the DAT network of load boards for the week ending Aug. 25. Spot pricing held firm, despite a 3% drop in the number of posted loads. The number of posted trucks increased 2.6% compared to the previous week.

August 29, 2019

Business

Rates sunk lower last week, but improved demand could bode well for this week

Van freight volumes have been stable for nearly all of 2019 but so has capacity. Rates have drifted lower, also for reefers, but if seasonal trends hold, they should pick up again in late September and October as contract carriers enter their busy season and soak up some of that excess capacity.

August 22, 2019

Business

Spot van demand falls, rates follow; some reefer bright spots

There’s some good news in the Midwest for reefer operators migrating away from California, where demand has declined. Load volume from Los Angeles fell 10%, Sacramento was down 5%, and Ontario lost 3% last week. Market to watch: Grand Rapids reefers.

August 13, 2019

Business

Reefer freight volumes outbound from Calif. offset slow summer conditions

Spot truckload freight volume fell another 8% during the week ending July 28. More van and reefer loads out of California helped halt a further decline, as spot loads of summer produce soaked up capacity and kept trucks busy with longer hauls.

July 31, 2019

Business

Rates were on the up in holiday week, as demand indicators fell

It wasn’t exactly a fireworks display, but national average spot van and refrigerated freight rates sparkled a bit last week as shippers looked for carriers to move freight during a compressed delivery window. Decreased activity, at once, caused demand indicators to fall.

July 11, 2019

Business

Entering summer, spot market rates show signs of life

Spot truckload rates for van and refrigerated freight hit their highest national averages since January during the week ending June 23, according to data from DAT Solutions. Trend to watch, says DAT: Can the spot market sustain the momentum through the typical July-August freight slump?

June 26, 2019

Business

‘Roadcheck effect’ pushed spot rates and demand indicators higher

While fewer Overdrive readers than in years past signaled they’d be taking the week off for Roadcheck, as previously reported, measurable spot-market participation on the truck side was nonetheless down in DAT’s metrics, pushing demand indicators and average rates up.

June 13, 2019