• Advertise
  • Contact Us
  • About Us
  • Supplier Directory
  • Login
  • Subscribe
  • Logout
  • My Profile

  • CORONAVIRUS
  • LOGISTICS
    • Air Cargo
    • All Logistics
    • Express/Small Shipments
    • Facility Location Planning
    • Freight Forwarding/Customs Brokerage
    • Global Gateways
    • Global Logistics
    • Last Mile Delivery
    • Logistics Outsourcing
    • LTL/Truckload Services
    • Ocean Transportation
    • Rail & Intermodal
    • Reverse Logistics
    • Service Parts Management
    • Transportation & Distribution
  • TECHNOLOGY
    • All Technology
    • Artificial Intelligence
    • Cloud & On-Demand Systems
    • Data Management
    • ERP & Enterprise Systems
    • Forecasting & Demand Planning
    • Global Trade Management
    • Inventory Planning/ Optimization
    • Product Lifecycle Management
    • Sales & Operations Planning
    • SC Finance & Revenue Management
    • SC Planning & Optimization
    • Sourcing/Procurement/SRM
    • Supply Chain Visibility
    • Transportation Management
  • GENERAL SCM
    • Business Strategy Alignment
    • Education & Professional Development
    • Global Supply Chain Management
    • Global Trade & Economics
    • HR & Labor Management
    • Quality & Metrics
    • Regulation & Compliance
    • SC Security & Risk Mgmt
    • Sustainability & Corporate Social Responsibility
  • WAREHOUSING
    • All Warehouse Services
    • Conveyors & Sortation
    • Lift Trucks & AGVs
    • Order Fulfillment
    • Packaging
    • RFID, Barcode, Mobility & Voice
    • Robotics
    • Warehouse Management Systems
  • INDUSTRIES
    • Aerospace & Defense
    • Apparel
    • Automotive
    • Chemicals & Energy
    • Consumer Packaged Goods
    • E-Commerce/Omni-Channel
    • Food & Beverage
    • Healthcare
    • High-Tech/Electronics
    • Industrial Manufacturing
    • Pharmaceutical/Biotech
    • Retail
  • REGIONS
    • Asia Pacific
    • Canada
    • China
    • Europe
    • Latin America
    • Middle East/Africa
    • North America
  • THINK TANK
  • PODCASTS
  • VIDEOS
  • WHITEPAPERS
Home » November Spot Market Freight Approaches Record Levels of 2005

November Spot Market Freight Approaches Record Levels of 2005

December 13, 2010
TransCore Trendlines

At the beginning of every month, TransCore looks back a month and, among other things, sees if historic, seasonal trends are shaping up.

Fact:  In November 2010, TransCore's load boards saw a 72-percent increase in spot market freight availability, compared to November '09.

Observation #1:  November freight hasn't been at these levels since 2005, a peak year for spot market volume.

Observation #2: November was the fourth consecutive month of similarly high volume, relative to recent years.

More facts and observations:  On a month-over-month basis, November load availability was 2.3 percent lower than in October. An October-November decline is typical, but over the past five years, spot freight volume has dropped month-over-month by an average of 16 percent.

Takeaway: being down 2.3 percent is more of a dip than a decline.

Even more facts and observations:  The national average line-haul spot market rates -- rates that brokers and 3PLs pay to a carrier-- for refrigerated ("reefer") and flatbed trucks rose by $0.01 (0.7 percent) on a month-over-month basis, according to TransCore's Truckload Rate Index, while van rates remained stable. These rate trends confirm analysts' assessments of November as a seasonally stronger month than normal for freight, as volumes and spot rates typically recede in this season.

Read Full Article

RELATED CONTENT

RELATED VIDEOS

Logistics Global Logistics Logistics Outsourcing LTL/Truckload Services Transportation & Distribution Technology Transportation Management Business Strategy Alignment Global Supply Chain Management
KEYWORDS Business Strategy Alignment Global Logistics Global Supply Chain Management Logistics Logistics Outsourcing LTL/Truckload Services Supply Chain Analysis & Consulting Technology Transportation & Distribution Transportation Management
  • Related Articles

    Spot Market Report: Record Freight Volumes AND Spot Market Capacity Surges

    Highest August Freight Volume on Spot Market Since 2005

    April Spot Market Freight Up Almost 300 Percent, Strongest Month Since 2005

  • Related Events

    Optimized Supply Chain Planning with SAP IBP at Lennox International

    How Every Shipper Can Benefit from Modern Drop-and-Hook: Four ways to get nationwide, flexible, and quality drop capacity with unparalleled visibility

  • Related Directories

    Kuebix

TransCore Trendlines

Spot Market Rates for Flatbeds, Reefers Hit $2.00, Including Surcharges

More from this author

Wake up to Coronavirus Updates and the latest Supply Chain News!

Subscribe to our Daily Newsletter

Timely, incisive articles delivered directly to your inbox.

Popular Stories

  • Coronavirus-watch-Armada

    Virus Update: Biden to Join Global Covax Initiative; India to Ship Vaccines to South Asian Nations

    Coronavirus
  • AT&T

    How the Pandemic Has Altered AT&T’s Global Sourcing Strategy

    Coronavirus
  • container port

    New Global Visibility App Sees Delays Before They Happen

    Logistics
  • Can Employers Require Employees to Get the COVID-19 Vaccine? Part 1

    Watch: Can Employers Require Employees to Get the COVID-19 Vaccine? Part 1

    Coronavirus
  • U.S. Vaccine Shift Stirs New Unease as 128 Million Join Line

    U.S. Vaccine Shift Stirs New Unease as 128 Million Join Line

    Coronavirus

Digital Edition

Scb home issue 27

2020 Supply Chain Innovator of the Year

VIEW THE LATEST ISSUE

Case Studies

  • LSP Saves Customer $1.5 Million a Year With MPO Global Inbound Management

  • Auto Supplier Wows Key Client Using riskmethods Supply Chain Savvy

  • Integrating Shipping and Compliance Saves Conglomerate Millions

  • How a Consumer Goods Giant Upped Its On-Time Delivery Performance

  • LSP Wows Global Client, Quickly Advances to Become End-to-End Provider

Visit Our Sponsors

6 River Systems ArcBest Armada
aThingz BluJay Burris Logistics
DSC Logistics DCSA (Digital Container Shipping Association) DHL Resilience360
Genpact GEP Honeywell Intelligrated
Infor Logility Magnitude Software
MPO Old Dominion Oliver Wight
OpenSky Ports America Purolator
QAD Precision Red Classic Riskmethods
TGW Systems Transportation Insights Watson Land Company
Westfalia Technologies Workjam Yang Ming
  • More From SCB
    • Featured Content
    • Video Library
    • Think Tank Blog
    • SupplyChainBrain Podcast
    • Whitepapers
    • Webinars
  • Digital Offerings
    • Digital Issue
    • Subscribe
    • Manage Your Subscription
    • Newsletters
  • Resources
    • Events Calendar
    • SCB's Great Supply Chain Partners
    • Supplier Directory
    • Case Study Showcase
    • Supply Chain Innovation Awards
    • 100 Great Partners Form
  • SCB Corporate
    • Advertise on SCB.COM
    • About Us
    • Privacy Policy
    • Contact Us
    • Data Sharing Opt-Out

All content copyright © 2016 - 2018 Keller International Publishing Corp All rights reserved. No reproduction, transmission or display is permitted without the written permissions of Keller International Publishing Corp

Design, CMS, Hosting & Web Development :: ePublishing