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3PLs & Freight Brokers Clambering to Offer Shippers Deals in Tight Capacity Truckload Spot Market

Facing the tightest spot truckload market in at least four years, the number of available loads on the spot truckload freight market jumped 5.4% during the week ending Sept. 30 and tight capacity sent the load-to-truck ratio for van freight into uncharted territory.

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Various events are creating the tightest TL market in at least four years—and our experts say that it’s going to get tighter and rates are going to go higher over the next year.

Facing the tightest spot truckload market in at least four years, the number of available loads on the spot truckload freight market jumped 5.4% during the week ending Sept. 30 and tight capacity sent the load-to-truck ratio for van freight into uncharted territory.

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Based on various commentaries from speakers at the recent 2017 FTR Transportation Conference and CSCMP Edge, it stands to reason that in the coming months, rates are only heading in one direction: up.

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June was a booming month for spot truckload freight activity, according to data issued this week by DAT Solutions in its DAT North American Freight Index. DAT defines the North American Freight Index as a measure of conditions on the spot truckload freight market.

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