Tag: spot market: Page 7

Business

After preceding week’s rise in volumes, van and reefer rates reversed downward course

There was finally a bit of a turnaround in the van and reefer markets last week when it comes to rates. After volumes built the preceding week, better weather combined with a 4.2% jump in the number of available loads to push rates higher during the week ending May 5.

May 8, 2019

Voices

Rates hack: The spot market 3 o’clock hustle

Though it’s certainly lost some of its luster now that mandated electronic logging devices are putting more value on planning loads for maximizing time efficiency, this scheduling hack from independent Chad Boblett is simple enough. It hinges on an old cliché: The best things come to those who wait.

May 2, 2019

Business

Though spot rates remained flat, the last week saw demand dynamics change favorably as volumes grew

Posted load counts grew by a percent, while the number of available trucks fell 4%. There still was plenty capacity to meet demand, though, as national average spot rates ended the last full week of April at or below their averages for the month of March in all segments

May 2, 2019

Channel 19

What Isaac Ho did to prepare for the rates crash on the spot market

The past year’s fortune — and recent rates struggles, with so many others in spot freight — for one young own-authority business, with a keen eye toward controlling costs to get through any lean times. No. 1 action taken: He paid off his used-purchased 2015 Volvo entirely.

April 29, 2019

Business

Spring has not sprung, to say the least, when it comes to vans, reefers on the spot market

National average spot van and refrigerated freight rates slipped again during the week ending April 13. The number of load posts fell 4 percent while truck posts increased. The arrival of produce season in several southern markets failed to make up for the effects of more capacity and bad weather.

April 17, 2019

Business

Truck posts up, spot rates flat in the last week

But not for flatbed, which gained 6 cents per mile as a national average rate. Spot volume fell 2 percent during the week ending April 7, while a 9 percent increase in available capacity in the form of trucks posted kept van and refrigerated rates from moving.

April 11, 2019

Business

Spot freight ho-hum for a week-ending quarter, with high-demand bright spots for flats and reefers

Spot truckload freight posting volume was virtually unchanged during the week ending March 31, while the number of truck posts increased 5 percent, keeping van and reefer rates in check during the final week of March and Q1 2019.

April 4, 2019

Overdrive Radio

Why pick a fight with the air? And: Downtime for the spot market 3 o’clock hustle

This edition of the Overdrive Radio podcast comes as MATS continues in Louisville, with conversations with two owner-ops showing commonality between them in a willingness to be the contrarian in this loud age, on a variety of things — Chad Boblett and Henry Albert, on rates, ELDs, aerodynamics and more.

March 29, 2019

Business

Rough weather clouds the spot rate forecast

With extreme weather events across the Rockies, Plains and into the Midwest, it’s notable that the number of loads moved last week increased 3.5 percent compared to the previous week. But the number of trucks looking for loads gained 3.4 percent, and van and reefer rates slipped, flatbed holding steady.

March 20, 2019

Business

ATBS owner-op income benchmarking conference call rescheduled for this Wednesday

ATBS’ annual owner-op benchmarking study provides income averages for a variety of segments and other analysis, against which owner-operators can analyze their own performance.  During the call, Todd Amen will provide insight on 2018 average miles driven, net income, fuel mileage and freight rates, among other things.

March 18, 2019

Business

Rates continue seasonal slide, severe weather’s spot impact as yet minimal

DAT Solutions reports that spot truckload rates dipped again despite higher freight volumes than at this time in each of the past three years. Learn more here.

February 15, 2019

Business

Spot market trend to watch: Potential upsides with the disruption of extreme cold

Last week’s demand indicators for truckers in the spot freight markets retained solid footing in slippery winter weather. This week’s extreme cold has slowed things down, but such situations have a tendency to drive rates up. Watch for the upside as thaws in the Midwest and elsewhere arrive.

January 31, 2019