Rising demand for truckload capacity and high average spot rates remain intact, says DAT
October 1, 2020
Rates based on rolling averages, through September 27, came in at: $2.37 per mile for van, unchanged on a weekly basis (and is up 14 cents compared to the national contract rate); flatbed rose 1 cent, to $2.40 per mile; and refrigerated was unchanged, at $2.57 per mile.
Spot market and volume gains are evident in May’s DAT Truckload Volume Index
June 17, 2020
The May edition of the DAT Truckload Volume Index showed signs of recovery in May, with truckload volumes recovering to pre-COVID-19 levels and getting closer to normal seasonal patterns.
TIA and OOIDA are at odds over perceived price-gouging
May 20, 2020
When President Trump recently spoke on Fox & Friends, he was asked about American truck drivers being “price gouged” by transportation brokers and what the White House would do to address that. His response indicated he felt that was the case, saying “Oh they are price gouged…all they want is to be treated fairly and we’re going to treat them fairly.” It is fair to say that the Alexandria, Va.-based Transportation Intermediaries Association (TIA), which is the largest...
How Schneider is dealing with the spot market
July 23, 2018
A new sourcing tool has led to a 30% savings on spot market loads