What’s changed at the docks? Virtually ‘everything’
Perhaps reader Russell Zinck said it best, commenting under a Facebook share of our recent poll about shipper/receiver practice changes during the pandemic. What’s changed? Zinck simply said, well, “Everything.”
Spot market load volume down 39% — in one week
The bottom sprung a huge leak in the spot market as volumes dropped abruptly during the week ending April 5. The number of available loads fell 39%. At the same time, owner-operators’ and other carriers’ search volume on DAT load boards skyrocketed.
News roundup, Oct. 16: Digital freight broker updates, LTL hauler’s last-mile expansion, new Pilot opens in Texas
Archerhub, a digital freight broker based in Denver, has a built-in “back-up plan” with its own small fleet of trucks. FedEx Freight is expanding its LTL final mile services. Pilot Flying J opened a new travel center in Odessa, Texas.
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.
Summer dog days for rates on the spot market? Some exceptions in the last week
Last week vans were in highest demand in California, Nevada, and states bordering the Mississippi River. But rate gains were best in the East for the week ending Aug. 4. Markets to watch: vans out of Philadelphia, volatility in reefer markets, more.
Freight recession? Not as long as volumes continue strong
Major van markets’ volumes regained all they lost during the July 4 holiday week, as talk of a freight recession arose from some industry quarters. Reefer shows signs of volume falls in the last week, but not the other major segments, DAT notes.
Rates on the up after holiday week, as demand indicators fell
It wasn’t exactly a fireworks display, but national average spot van and refrigerated freight rates sparkled a bit last week as shippers looked for carriers to move freight during a compressed delivery window. Decreased activity, at once, caused demand…
Truck posts up, spot rates flat in the last week
But not for flatbed, which gained 6 cents per mile as a national average rate. Spot volume fell 2 percent during the week ending April 7, while a 9 percent increase in available capacity in the form of trucks posted kept van and refrigerated rates from…
Down another 4-5 cents/mile: Average spot rates in the last week, all segments
Truckload capacity, with more truckers advertising their availability to haul via the load boards, is building in the first weeks of 2019. National average spot rates for dry van, reefer and flatbed are going the other direction. Showing signs of the m…
Dump-focused service launches in L.A. market
Online dump-truck-focused load platform Trux has opened for business with the greater Los Angeles market as the first step in an eventual national roll-out planned to take place over the course of the year.