Contract Rates Nearing Possible Jump Amid Rising Spot Prices
The trucking industry could soon see a jump in contract rates if the current environment holds steady, experts said.
August 26, 2020Demand for Freight Drives Up Spot Market Rates
Trucking has seen a turnaround bolstered by spot market rates and increased demand.
August 13, 2020Spot Rates Show Signs of Stabilizing as Economy Slides Into Recession
Research from companies that track trucking data suggests that while the spot rate market amid the COVID-19 crisis may be settling, the long-term effects of this steadying could be good for the industry.
April 6, 2020Spot Truckload Rates Continue to Soar Amid Record Demand
Capacity shortfalls combined with increased demand for truckload shipments are continuing to boost spot rates to record levels, according to DAT Solutions, which also said in what is an atypical trend, spot rates now are exceeding long-term contract rates.
July 17, 2018Truckload Spot Rates Show Trucking Industry Rebound in 2017, Analysts Say
An index that measures truckload pricing showed that spot rates continue to exceed contract rates, which analysts predict will result in a rebound in the industry in 2017.
January 6, 2017October Spot Market Index Rises 1.8%; Rates Rebounding, Analysts Say
October was the second-strongest month for spot-market trucking this year, behind the June peak, load board DAT Solutions reported, and industry analysts say that prices have bottomed out and the trajectory will continue upward.
November 21, 2016New Report Shows Widening Gap Between Spot, Contract Prices
A new report based on a comparison of spot and contract rates for truckload carriers continues to show an ever-widening gap between prices for one-time and long-term freight shipments.
June 10, 2016November Freight Trends Show Improvement, but Fleets Unsure About Pre-Holiday Peak
November freight trends generally are improving, most fleet executives and experts say, but a repeat of the strong 2014 pre-holiday freight peak that bolstered fleets appears to be more hope than fact so far.
November 30, 2015Spot Load Availability Increases; Rates Fall
Van and reefer load availability increased for the third consecutive week, but so did the availability of equipment, DAT Solutions reported. The availability contributed to lower national average spot market rates for van, refrigerated and flatbed loads.
August 19, 2015Spot Market Activity Gaining as Hauling Capacity Tightens
Indications are growing that carriers, brokers and shippers are shifting freight-buying habits to make more use of spot markets and load boards as freight capacity continues to tighten, sources said.
July 25, 2011