DAT Solutions has teamed with TransVix to establish a futures exchange that’ll allow trucking companies, third-party logistics providers and shippers to hedge against uncertainty in spot market rates, a venture that could launch as early as this summer.
February 22, 2017market
Business
October 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, 2016
Business
Michael Nagle/Bloomberg News
Dow’s 1,172-Point Round Trip Just Misses Post-Election Record
Michael Nagle/Bloomberg News
One of the biggest single-day reversals in stock market history left the Dow Jones Industrial Average just shy of a record close.
November 9, 2016
Business
New 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, 2016
Business
November 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, 2015
Business
Truck Market Poised to Grow Through 2015, Analyst Says
NASHVILLE, Tenn. — The domestic heavy-duty truck market is poised for significant growth this year and in 2015, an analyst from IHS Automotive told an audience of manufacturing and supplier executives.
March 17, 2014
Business
Class 8 Demand to Jump 15% in 2014 on Rising Freight Market, ACT Reports
COLUMBUS, Ind. — Demand for new Class 8 equipment should rise about 15% next year, powered by a stronger domestic freight market and the ongoing need to replace old tractors, ACT Research reported.
September 30, 2013
Business
Trucking Shares Fall in Market Drop, But Analysts Confident of Industry
Trucking stocks have suffered a thrashing this month from investors as the overall stock market bounced up and down, pressured by worries about European debt, the United States’ debt downgrade and the global economy, but several analysts expressed confidence in the industry.
August 15, 2011
Business
Spot 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
Business
Heavy Shipper Use Raises Rates in Spot Market for Truckload Freight
Shippers are making heavy use of the truckload spot market to find freight haulers, leading to more loads and better rates — particularly for flatbed and refrigerated carriers — and worries for brokers who find themselves “under water” on some contracts with shippers.
November 29, 2010Follow Us
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