Ahead of Thanksgiving, spot reefer volumes and rates show some heat
With last-minute Thanksgiving and Black Friday freight on the move, spot truckload freight volumes increased during the week ending Nov. 24, and rates in fact responded, unlike many of the preceding weeks in this tough cycle.
News roundup, Nov. 20: Large broker’s insta-book option for carriers; Photos: Three dumps of the month
Schneider Transportation Management has implemented the Trucker Tools company’s Book-it-Now option for loads booked within its system by contracted carriers. See photos of “Truck of the Month” from dump truck contractor-transport provide freight-match …
Spot-market promise amid volume declines in the last week: West Coast vans
Freight volumes rose in a handful of major markets, but the number of spot load postings fell 5% nationwide, and truck posts dipped 1%, during the week ending Oct. 22. Bright spot: Vans on the west coast.
Truckload spot market volume rebounded in the last week
Wish we could say the same for truckload spot rates: While demand for vans returned to normal in Houston and other markets affected by recent flooding, rates did not respond immediately as averages through Sept. 29 show only slight improvement over Aug…
Southeast inbound freight, volumes elsewhere, built as Dorian approached the coast
Spot rates, volumes were building as Hurricane Dorian approached the Southeast. The number of van, reefer, and flatbed loads posted from August 26 to Sept. 1 increased 7% compared to the previous week while capacity dipped 2.4% heading into Labor Day w…
Cost control and other best practices for owner-operators
This GATS session of Overdrive’s Partners in Business addressed the broad topic of best practices for owner-operators. Controlling costs is perhaps the most effective strategy for success in trucking, panelists noted — not only does every saved dollar…
ATBS’ income benchmarking-data call
September 12, ATBS, the nation’s largest tax and business services firm dedicated to owner-operator businesses, is hosting a conference call and online presentation to present a variety of data toward answering the question, “Has 2019 been significantl…
Have spot rates bottomed out?
There are signs of it in data from the DAT network of load boards for the week ending Aug. 25. Spot pricing held firm, despite a 3% drop in the number of posted loads. The number of posted trucks increased 2.6% compared to the previous week.
Rates sunk lower last week, but improved demand could bode well for this week
Van freight volumes have been stable for nearly all of 2019 but so has capacity. Rates have drifted lower, also for reefers, but if seasonal trends hold, they should pick up again in late September and October as contract carriers enter their busy seas…
New carrier admin portal from Uber Freight
Uber Freight debuted a new web-booking portal designed to help dispatchers simplify workflow, and a new app interface built to provide a more intuitive experience for carriers and drivers.