Truckload market
Truckload freight volumes declined for the third straight month in May. The average rate to move dry van freight on the spot market dipped below $2 per mile.
Truckload freight volumes declined for the third straight month in May. The average rate to move dry van freight on the spot market dipped below $2 per mile.
As the economy enters post-July 4 patterns DAT Freight & Analytics expects contract rates to remain elevated at least through the fall. Truckload freight volumes reached new levels in June and spot and contract rates stayed in record territory as surging retail imports and peak produce shipments fueled demand for transportation services, according to DAT. […]