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DAT load boards provide the largest and most trusted digital freight marketplace in the trucking industry, with more than 256 million loads and trucks posted annually, plus insights into current spot market and contract rates based on $60 billion in real transactions. National Average Freight Rates. loads per truck. Rising Rates.
That was back when demand for trucks skyrocketed because extreme winter weather caused massive disruption to supplychains. Together, the ratio and rates offer strong evidence yet that the freight recession is over. Reefer freight is in transition. Meanwhile, the bulk of California freight has yet to hit the spot market.
Seasonal harvests are winding down, but capacity is still tight for reefer freight. Those, combined with the supplychain disruptions caused by the hurricanes, have led to tight capacity in southern Idaho, and outbound rates continue to climb out of Twin Falls. Sacramento to Denver gained 29¢ at $2.55/mile.
So, without delay, here’s the supplychain and logistics news that caught my attention this week with some brief commentary: Target to Buy Grocery Delivery Startup Shipt for $550 Million (WSJ – sub. FreightHub, a European ‘digital freight forwarder’, scores $20M Series A (TechCrunch).
LLamasoft Introduces SupplyChain Sherpa Mobile Design and Visualization Modeling Tool. New ISF (10+2) Rule May Be Coming in May ( SupplyChain Management Review ). Cass Freight Index Report – January 2013. While we wait for the storm… C.H. Robinson Reports Fourth Quarter Results. Con-way Inc.
NYSE: R), a leader in commercial fleet management , dedicated transportation , and supplychain solutions , announced today it has started to take delivery of 125 medium-duty electric panel vans, the first of their kind in North America, now available for lease or rent. Miami, November 2, 2017 —Ryder System, Inc. About Ryder.
Moving on, here’s the supplychain and logistics news that caught my attention this week: Trucking Stocks Tumble on Downgrade, Pricing Outlook (WSJ- sub. MercuryGate Launches Global, Omni-modal Freight Procurement Solution. New Study: 70% of Executives have started Digital SupplyChain Transformation.
Earlier this week, Target said it will spend $100 million to build a larger network of supplychain hubs to speed up and lower the cost of delivering online orders. It will be interesting to see if more companies take this approach to changing nature of supplychain analytics.
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