A post-Thanksgiving surge in truckload freight volumes made for a solid November overall compared to previous years, reported DAT Freight & Analytics, which operates the DAT One online freight marketplace and DAT iQ data analytics service.
Truckload freight volumes cooled in September, compounding an already difficult quarter for truckload carriers and freight brokers, said DAT Freight & Analytics, which operates the industry’s largest online freight marketplace and DAT iQ data analytics service.
Freight Technologies reports a record number of active carriers in its Fr8Fleet brand at end of August 2023, an increase of 60.8% versus year-ago levels and an increase of 55.7% versus YTD average capacity levels through August.
Truck rates are low, which has led to the conclusion that trucking capacity is too high.
After a cooling-off period ordered by the Biden administration, railway companies and workers reached a five-year agreement in mid-September that would extend back to 2020. But not all rank-and-file members have agreed to this measure. And if all of the parties do not sign on, it’s back to the possibility of a rail strike.
Greg and Pamela discuss Uber's new freight plans, the Center for Produce Safety's Research Symposium and a hot market for California Avocados. Memes, cats, dogs and avocados -- what else could you ask for?