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Tag: spot market: Page 12
Business
Spring has sprung on the spot market
So much for March going out like a lamb. Nationally, the final week of the month featured a 3.5 percent increase in available freight, a 3.1 percent decrease in capacity, and another record high load-to-truck ratio for flatbed freight, and rates continued to rise in the early week.
April 4, 2018
Business
April Fool’s Day ELD-OOS nightmare may not be tough as some have guessed
In the weekly spot market update, a little intel from a recent DAT survey suggests FMCSA’s 96 percent ELD compliance rate is probably close to correct. Meantime, spot rates hold firm, and may be on the rise this week with volume trends in dry van, flat segments.
March 28, 2018
Business
Spot market: Freight volumes, rates mostly held steady in the last week
While the spot market may seem to be on a plateau, it’s on much higher ground compared to a year ago. Last week’s national average load-to-truck ratio was 14.1, nearly double what it was at this time last year. Dry van, reefer markets spotlighted here.
March 21, 2018
Business
Flatbed demand surges toward Spring; van, reefer mostly neutral
The number of loads on DAT load boards was up 5 percent and truck posts were up 3 percent last week, an indication that the economy continues to hum along. Unless you’re a flatbed hauler, in which case there’s a little more going on than just humming.
March 14, 2018
Business
Highway robbery: More warning signs in negotiations with brokers
In addition to the “red flags” that ought to give any owner-operator pause during broker negotiations, one would do well to consider the following warning signs invitations to get more information from any broker.
March 8, 2018
Business
Van, reefer demand update: Rates reverse course, heading up in the last week
Van volumes have been rising for two weeks, and rates followed last week. Meanwhile, reefer has mimicked van trends, though swings have been sharper. At once, spot rates have on average been above contract rates for reefers since September, perhaps portending more positive moves to come there.
March 8, 2018
Business
Highway robbery: Ask the tough questions during negotiations to root out the crooks
There’s plenty truckers can do to avoid getting involved with the crooks among brokerages.
March 7, 2018
Business
Spring freight season signs: Where’s it getting hot and where it’s not
DAT analyst Mark Montague notes that “we see flatbed accelerating ahead of schedule. Generally, we have had a La Nina winter that has resulted in more precipitation in the northern tier of states and allowed states in the Southeast region to get a jump on spring.”
March 2, 2018
Channel 19
With the rise in fuel over the last half-year, have rates really risen by much?
Separating out fuel surcharges from average rates over the July 2017 (when fuel prices hit a 2017 trough) to January 2018 period, spot market dry van and reefer rates are still up well more than 10 percent each, flatbed less so.
February 27, 2018
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
Business
Some mottling in recently intense spot market demand maps, as seasonal declines continue
Spot rates in many parts of the country are still above the peak prices from 2017, but van rates are starting to climb down from extreme heights of recent weeks, reefer rates at an even faster pace. At once, this is not a typical February.
February 8, 2018
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