Tag: flatbed: Page 9

Business

Spot market: Latest demand, rates, volume pictures in all three major segments

It’s looking more and more like we could get an early spring on the spot market. While the national average van rate declined for the sixth week in a row, it’s still higher than at any point in 2017 at $2.17 per mile – and it’s February. More on reefer, flatbed picture too.

February 22, 2018

Business

Rates up, volumes neutral to down year over year: The story so far in February for van, flatbed

With ELD proliferation constraining capacity in trucking and pushing up rates, there’s evidence of some competition from rail/intermodal moderating volumes in van. Flatbed’s generally volume-neutral compared to this time last year.

February 15, 2018

Overdrive Extra

Hot economy pushes flatbedders’ income way above their peers

ATBS averages for independents and dry van haulers in 2017 were close to $60,000, but reefer haulers averaged only $49,267.

February 8, 2018

Business

Fuel prices, post-ELD pressure sustain elevated rate picture on spot market

Rising fuel costs, topping $3/gal. nationally in recent weeks, have added pressure on freight rates, slowing their seasonal decline a bit. But the bigger story remains a capacity crunch that’s put truckers in the driver’s seat on rates, partly a result of proliferating ELDs.

February 1, 2018

Business

Van rates, flatbed demand close 2017 strong on spot market

“Something of a perfect storm” closed out the last full week of 2017 for van rates. Winter weather, extended vacations over the holidays, end-of-year freight urgency all boosted van rates/demand. Flatbed demand indicators — load-to-truck ratio, primarily — were strong, but rates hadn’t moved.

January 3, 2018

Business

Flatbed fleet offering $6,000 sign-on bonus through January

The company also announced a new financial award for company drivers who have been with the company for 10 years or longer.

December 15, 2017

Business

As spot market hummed into Thanksgiving week, higher rates in all three major segments emerged

“These should be happy holidays for the trucking community” when it comes rates, says DAT’s Ken Harper, “especially owner-operators. Looking farther out, the prognosis is still good, although there are reports of a slowing economy. We shall see.”

November 30, 2017

Overdrive Extra

Flatbed operators prospering as economy rebounds

Through September, flatbedder clients of ATBS had net income of $51,602. Even though miles driven did not change much during the first three quarters, net income per mile rose dramatically each quarter, indicating rapidly rising rates: 67.3 cents per mile, 74.7 cpm and 81.7 cpm.

November 17, 2017

Business

Rates and volumes way up in the spot market

Any owner-operators shutting down this week in protest of the electronic logging device mandate might have missed some of the best freight and rate conditions on the spot market that have been seen in the past several years. Updates for dry van, flatbed, based on last week’s data.

October 6, 2017

Business

Spot update shows high demand across the country — vans, flats in detail, disaster-relief opportunities, more

Freight lanes re-orient North-South as demand picture shifts for dry vans. Some platform opportunity exists, notes FEMA contractor Foxhole Logistics, and in general terms the typical late-September-beginning fall freight season may be getting an early start.

September 14, 2017

Business

In the freight rate/availability weeds this disastrous week

With Hurricane Irma on the way and Harvey’s effects being felt, the two natural disasters are “coming on top of a robust economy,” notes DAT’s Ken Harper, which could bode well for parts of the national freight market in the coming weeks.

September 8, 2017

Overdrive Radio

Rebuilding: From bulk dedicated to a base of direct flatbed customers with owner-op Tim Klaus

On Overdrive Radio: Flatbedder Tim Klaus re-entered trucking and found himself at the center of the natural gas drilling boom, hauling frac sand. It dried up earlier for him than for many, and since then he’s made several moves in freight, trailer spec and more to build a core of direct customers to keep brokered loads to a minimum.

August 18, 2017