Some Owner-Operators Return to Fleets as Spot Market Softens
A surge in spot market rates that led some truck drivers to leave fleet jobs and go into business for themselves has cooled off, bringing with it a downturn in the number of drivers striking out on their own, industry data shows.
Rising Fuel Costs Slow Spot Rate Descent
The rise in fuel prices is slowing a decline in spot rates while also potentially suppressing base revenue for some carriers, experts said.
Spot Market Bounces Back After Thanksgiving Slump
Spot freight volumes fell Thanksgiving week, but they have more than recovered.
Technology Helps Manage Spot Market
Technological solutions are increasingly helping shippers and carriers manage a boisterous business climate in which spot freight plays a prominent role.
Loads Increasingly Shifting to Spot Market, DAT Data Shows
An increasing number of loads are shifting onto the spot market amid tight conditions in trucking, according to recent data by DAT Freight & Analytics.
Atlanta Was Easiest Market for Spot Loads in 2019, DAT Solutions Report Says
Atlanta was the easiest market to find spot truckload van freight in 2019, according to a Jan. 9 DAT Solutions report, and because spot freight is unscheduled freight, it is seen as a dynamic indicator of economic activity.
January 10, 2020Coyote Predicts Spot Market Prices to Rise in Q1 2020
Coyote Logistics forecast truckload spot rates will increase heading into 2019’s peak season and continue into 2020 in its prediction for the final quarter of the year.
Atlanta Scorches Van Loads, Reefer Spot Markets
Atlanta is burning. The Big A is the No. 1 city for spot market posts for van loads and refrigerated loads through the first half of 2018, according to DAT Solutions, the operator of a major freight load board marketplace for North America.
Spot Market on Fire Starting 2018, Data Shows
The spot market begins 2018 red hot with some of the highest linehaul rates on record closing out December while load-to-truck ratios matched levels only seen in 2014.