Latest posts about Spot Freight
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DAT Truckload Volume Index sees more new records set
November 29, 2021
The most recent edition of the DAT Truckload Volume Index (TVI), for the month of October, which was recently released by DAT Freight & Analytics, again set a new all-time high, with the firm observing that truckload prices, at all-time highs, reflect how shippers are willing to pay premium rates to move their freight.
September edition of the DAT Truckload Volume Index sets new records
October 20, 2021
September’s TVI reading—at 229—fell 1% from August. Despite the decline, this still marks the highest reading for any September on record, according to DAT. The TVI hit its all-time high in June, coming in at 237.
New C.H. Robinson offering addresses spot market savings for shippers
September 24, 2021
The new offering, entitled Market Rate IQ, was created by the company’ technology incubator, C.H. Robinson Labs, and company officials said that it is the only tool that highlights to shippers which factors in their United States spot pricing are market-driven and which ones are outside of their control. What’s more, it explained that it is the lone tool incorporating DAT’s RateView, a database comprised of U.S. spot freight lanes.
DAT reports new records in its August Truckload Volume Index
September 21, 2021
The August reading for the TVI—at 231—increased 2% from July and posted a 17% annual increase and is one of the five highest months on record. July came in at 222, which was preceded by June’s 237 (the all-time record), and May’s 212.
Spot truckload loads see slight decline, reports DAT
August 6, 2021
DAT reported that the number of available loads on the spot truckload freight market increased 0.3%, and the number of available trucks, for the week, was off 1.2% on a sequential basis. The firm explained that while spot market truckload rates usually see a seasonal dip following the July 4 holiday, that was not the case this year, with rates remaining high throughout the month.
June DAT Truckload Volume Index reflects how capacity is not keeping up with demand
July 26, 2021
Paced by a combination of rising truckload volumes, due largely to high levels of retail imports and peak produce shipments, June spot and contract truckload rates reached a new record, for the June edition of the DAT Truckload Volume Index, which was recently released by DAT Freight & analytics, an online marketplace for spot market truckload freight, tuned in another strong month of performance.
DAT and FourKites team up for visibility-focused strategic partnership
June 1, 2021
Portland, Ore.-based DAT Freight & analytics, an online marketplace for spot market truckload freight, and Chicago-based FourKites, a provider of real-time tracking and visibility solutions across transportation modes and digital platforms, recently heralded a strategic partnership focused on bringing FourKite’s real-time, end-to-end supply chain visibility into DAT’s network.
DAT Truckload Volume Index turns in strong February performance
March 23, 2021
The February van load-to-truck ratio, at 7.5, was up from January’s 4.3, setting a new record, with the reefer ratio, at 15.9, also set a new record, and coming in ahead of January’s 8.2 ratio, with the flatbed ratio going from 47.9 in January to 62.2 in February
DAT points to steady spot truckload rates
December 17, 2020
The firm reported that spot truckload freight postings, for the week ending December 13, fell 15%, and trucks available on the spot market rose 13%, which it said serves as an indication that spot truckload capacity is loosening up in advance of Christmas.