Following an established seasonal pattern, spot market freight volume declined 15 percent in November, month over month, largely due to a drop in demand for flatbed trucks. Freight volume has declined in November in every year except 2012, according to the DAT North American Freight Index, which has recorded monthly spot market freight levels since 1997.
DAT Solutions has launched an online analytics service for transportation and logistics professionals to access truck and load data on the 149 key market areas in North America with the highest concentrations of inbound and outbound freight. Through a Tableau web portal, customers access a set of trucking freight data visualizations. Users also have the option of importing data into their own systems.
Van and reefer load availability increased for the third consecutive time, for the week ending Aug. 15, but so did the availability of equipment, contributing to lower national average spot market rates for van, refrigerated and flatbed loads, according to DAT Solutions, which operates the DAT network of load boards.
Freight availability on the spot truckload market jumped 12 percent while available capacity was unchanged (-0.1 percent) during the week ending March 28, according to DAT Solutions, which operates the DAT network of load boards.
Available loads and capacity were both up during the week ending Nov. 15, according to DAT Solutions. The number of spot market loads posted on the DAT network of load boards increased 2.7 percent compared to the previous week while the number of van, refrigerated and flatbed trucks rose 4.5 percent.
Firm capacity and demand on the spot truckload freight market made for stable rates during the week ending August 23, according to DAT Solutions, which operates the DAT network of load boards. The total number of posted van, refrigerated, and flatbed loads decreased 1.4 percent while the available capacity dipped 0.1 percent compared to the previous week.
Truckload freight availability remained elevated compared to previous years despite a seasonal dip, according to the DAT North American Freight Index, a measure of truckload freight demand and capacity in the United States and Canada. Same-month volume was up 32 percent compared to 2013, when freight volume was unusually robust. Spot market volume typically peaks in June; this year's seasonal contraction was 11 percent in July compared to the 10-year average decline of 19 percent.