Demand for spot market truckload shipments reached new heights in May, according to the DAT North American Freight Index. Seasonal shipments, along with rising fuel costs, pushed freight rates higher in May, with dry van and refrigerated rates...
Driver turnover at large carriers is 20% higher than it was in 2017, according to ATA chief economist.
The scarcity of trucks during the shorter workweek, along with rising fuel costs, put pressure on national average spot truckload rates, according to DAT.
FTR: Class 8 orders exceeded expectations again as fleets order in huge numbers in an attempt to keep up with the rapidly growing freight demand.
After weeks of increases, retail diesel and gasoline prices slow down as summer approaches, according to the Energy Information Administration.
This for-sale website includes Utility’s flatbeds, dry freight and refrigerated vans, Tautliner curtain-sided trailers and side skirts.
There were signs of tightening capacity heading into Memorial Day weekend, according to latest DAT load board data.
Diesel prices are up by an average of 72 cents per gallon compared to 2017; gasoline is up 56 cents year-over-year, according to Energy Information Administration.