DAT Freight & Analytics’ Post

Load and truck posts dropped on the DAT One network, as businesses took time off for Independence Day. While load-to-truck ratios fell, national averages for dry van and reefer freight largely stayed flat on the spot market🇺🇸➡️ https://bit.ly/4aNf78i #DATTrendlines #TruckingIndustryTrends

Truckload capacity on the spot market continues to tighten with an increasing number of carrier exits. The national average van rate held steady last week, while flatbed continued to rise. Reefer rates moved in the opposite direction➡️ https://bit.ly/462Crf8 #DATTrendlines #TruckingIndustryTrends

📊 Trucking Industry Trends: July 10th – July 16th 2023 📊 Spot market activity picked up in the first full shipping week following the Fourth of July holiday. Load posts outpaced truck posts on the DAT One network, creating slightly higher load-to-truck ratios for each of the major trailer types. It wasn’t enough to lift rates, though, with dry van and reefer averages falling while flatbed remaining flat. Learn more: https://bit.ly/3X1qi5S

🚚 Latest Trends in the Trucking Industry: July 10th – July 16th, 2023 🚚 The week following the Fourth of July holiday witnessed a notable increase in spot market activity within the trucking industry. On the DAT One network, there was a higher number of load posts compared to truck posts, resulting in slightly improved load-to-truck ratios across major trailer types. Despite these positive developments, the rates did not experience a surge, as both dry van and reefer averages declined, while flatbed rates remained stable. #TruckingIndustry #SpotMarket #LoadToTruckRatios #ShippingWeek #Trends2023 #dispatch

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Spot market truckload capacity tightened slightly last week, but it was a mixed bag from a pricing standpoint. The national average van rate mostly held steady, as reefer rates fell and flatbed rates rose ➡️ https://bit.ly/462Crf8 #DATTrendlines #TruckingIndustryTrends

Seasonality is returning to the truckload marketplace, with load-to-truck ratios rising for dry van and reefer freight. Produce season is creating higher demand across the Sun Belt, pushing rates upward.🍒🫐🍑➡️ https://bit.ly/4aNf78i #DATTrendlines #TruckingIndustryTrends

Flatbeds spot rates increased from March while Dry Vans remained the same and Reefers declined. I believe the Baltimore bridge tragedy was a major driver for Flatbed spot rate increase from last month due to low capacity availability in that region. +Would Shippers reluctance to onboard new Carriers play a role on the limited Capacity in the region? +Will GOV & DOT relaxing on HOS due to high traffic in the region and limited parking affect Capacity or Spot Rates? +Will major Carriers switch their focus to driver retention, benefits, and better pay since the GOV program to hire under 21 year old drivers is failing? #industrynews #industrytrends #flatbeds #dryvans #reefers #trucking ##transportation #specialized #baltimorebridge #logistics #heavyequipment #marketspotrates #truckdrivers #majorcarriers #3pls #freightbrokers #supplychain #logistics #ltl #ftl #freight #loads #truckparking #dataanalytics #truckstop #construction #constructionmaterials #foodandbeverage #produce #intermodal

Market Watch Monday: Diesel is down for the fourth week in a row, potentially meaning better rates for shippers and better returns for carriers and brokers. https://hubs.ly/Q02bWW610 #marketwatchmonday #freightmarket #3PL #NEWL #trucking

The soft spot market continues to pose challenges for small carriers. Produce season is starting to create reefer demand in California. In the near-term, small fleets enjoyed a bit of operational relief thanks to lower diesel prices. ➡️ https://bit.ly/4aNf78i #DATTrendlines #TruckingIndustryTrends