market

Business

Trucking Futures Exchange Could Launch This Summer

Jin Lee/Bloomberg News

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.

Ari Ashe | Staff Reporter
February 22, 2017
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.

Ari Ashe | Staff Reporter
November 21, 2016
Business

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.

Bloomberg News
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.

Transport Topics
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.

Rip Watson | Special to Transport Topics
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, 2010