Tag: spot market: Page 6

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

Spot rates soften in the last week

Load-posting volume slipped 16% during the week ending July 21, while the number of trucks available rose by 3%. The imbalance has been pushing national average spot rates lower, compared to June averages.

July 26, 2019

Channel 19

Revisiting the soft-market banana peel — freight relationships paying off for some

Randy Carlson “will have had my operating authority for 25 years” come next May. Right now, “trucking is the best it’s been in that entire 25 years” in general terms, he says, despite the slowdown for so many in the spot market, illustrating the value of steady freight partners.

July 25, 2019

Business

Freight recession? Not as long as volumes continue strong

Major van markets’ volumes regained all they lost during the July 4 holiday week, as talk of a freight recession arose from some industry quarters. Reefer shows signs of volume falls in the last week, but not the other major segments, DAT notes.

July 18, 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

FTR: Spot rates outlook bleak for 2019, new ELD hurdle’s impact likely to be minimal

Per-mile rates on the spot market are forecasted to decline 7 percent in 2019 compared to 2018, FTR predicts, as freight growth has stalled and market conditions have softened over the past 8 months. Also: Notes on ELD enforcement and the looming full compliance date.

June 17, 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

Business

Spot market: Signs of life for van, reefer rates as typical June uptick approaches?

Rates were higher on 54 of the top 100 van lanes compared to the previous week and the national average van load-to-truck ratio rose from 1.6 to 1.8. There are encouraging signs, but that’s still below expectations for the time of the year.

May 30, 2019

Business

Volumes are high on the spot market, but rates are unmoved with an abundance of capacity

The weather is warming up and the freight is out there — in fact, van freight volumes for May are as high as they’ve ever been. But an abundance of capacity continued to keep spot truckload rates at less-than-stellar levels — and falling for vans compared to the April average — during the week ending May 19,

May 24, 2019

Business

Truck demand gave more ground as spot load counts fell 11% last week

The number of load posts on the DAT network of load boards fell 11% the week ending May 12. Truck posts, meanwhile, increased 5% in the latest down indicator for spot market demand for truckers.

May 17, 2019

Overdrive Radio

Runaway recounted down Sandstone Mountain, and: Revisiting a quite accurate spot rate prediction pre-ELDs

Podcast: Lee Epling urges caution pointing the finger at this or that cause, or piling on the driver, before all the facts are known in the Colo. crash case, sharing his own brake-failure story on Sandstone Mountain in W.Va./Va. on I-64; Also: Monte Wiederhold’s quite accurate 2017 rates prediction relative to ELDs.

May 13, 2019