volume

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.

The June edition of the DAT Truckload Volume Index, which was issued this week by DAT Freight & Analytics, picked up where May left off, as spot market rates and volumes, for the equipment types tracked by the firm, showing a return to typical seasonal trends, due to signs of improving economic demand.

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.

The ATA’s advanced seasonally-adjusted (SA) For-Hire Truck Tonnage Index for April—at 104.9 (2015=100)— fell 12.2%, following a 0.4% March gain, which was downwardly revised from an initial reading of a 1.2% increase. This came on the heels of a 1.8% February gain over January, which came in at 119. On an annual basis, the April SA reading was off 11.3%, which ATA said represents the largest annual decline going back to April 2009. March’s annual SA decline, by comparison, was 3.5%, and on a year-to-date basis through...

It is pretty fair to say that the first quarter United States GDP number was going to be dismal. And now that presumption has become a reality, with the first quarter advanced estimate GDP tally, which was released today by the United States Department of Commerce, coming in at -4.8%, its lowest reading going back to the Great Recession period of 2008 and 2009 (and well off from the fourth quarter of 2019’s 2.1% GDP reading), as well as marking the first quarterly...

March shipments—at 1.087—fell 9.2% annually and eked out a 0.2% increase compared to February, and expenditures——at 2.651—fell 8.2% annually and are down 1% compared to February.

DAT noted that February’s decreases were in line with seasonal trends, while not “necessarily attributable to factory closures during the COVID-19 coronavirus outbreak in China.” And it added that import traffic was already in decline, due to a scheduled lull for Chinese New Year, with the gap in traffic extended longer than expected, truckload demand in West Coast markets will be more likely to rebound slowly.

Data recently issued by Portland, Oregon-based freight marketplace platform and information provider DAT, a subsidiary of Roper Technologies, for the month of October, in its DAT Truckload Volume Index, pointed to the highest number of spot market loads in any month going back to January 2015.

The ATA’s advanced seasonally-adjusted (SA) For-Hire Truck Tonnage Index for September, at 117.6 (2015=100), headed up 0.2% on the heels of a 4% (upwardly revised from 3.2%) August decline, which came in at 117.3. The ATA’s not seasonally-adjusted (NSA) index, which represents the change in tonnage actually hauled by fleets before any seasonal adjustment and the metric ATA says fleets should benchmark their levels with, came in at 114.8 (2015=100), which was off 7.5% compared to August’s 124.

July spot truckload freight volumes and rates saw gains from June to July, according to the most recent edition of the DAT Truckload Freight Volume Index, by Portland, Oregon-based freight marketplace platform and information provider DAT

In 2018, trucking industry revenue rose 12.2%, from $700.1 billion in 2017 to $796.7 billion in 2018, according to ATA data.

The ATA’s advanced seasonally-adjusted (SA) For-Hire Truck Tonnage Index for February, at 117.4 (2015=2000) fell 0.2% in February after heading up 2.5% (revised up from an original 2.3% reading) from December to January, which came in at 117.6. Compared to January 2018, SA tonnage rose 5.4%, which trended down from January’s 5.8% annual spread.

January shipments, at 1.128, slipped 0.3% annually and 1.2% compared to December and expenditures, at 2.792, were up 7.8% annually and down 4% compared to December.

The ATA’s advanced seasonally-adjusted (SA) For-Hire Truck Tonnage Index headed up 6.3% to 119.9 in October over September’s 112.8 (2015=100). This followed a 0.1% (revised from –0.8%) gain from August to September and a 2% (which was raised following an originally reported 1.8%) decrease from July to August and a 1.9% increase from June to July.

POLA said it processed 768,804 Twenty-Foot Equivalent Units (TEU) in May, which is down 3% annually compared to May 2017’s record of 796,216 TEU. POLB May volumes shined, with the port saying its 687,427 TEU represents its highest-volume May ever recorded in the port’s history.