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Freight rates are generally up on the spot market while the amount of available freight has declined a little.
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The amount of freight, along with rates, are both generally down on the spot market, according to one of the nation’s largest freight matching services.
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DAT overall spot market load availability increased 2.3% September 15-21, compared to the previous seven days. This follows earlier released figures showing August was down 1.8% from the month before but was up 16% compared to the same time a year ago.
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A lot more freight has been available on the spot market over the past week, but it has also pushed rates down. New figures released from DAT show total spot market freight needing to be moved increased 22% September 8-14, compared to the previous seven days.
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Rates on the spot market have increased over the past week as the level of freight has declined, according to DAT.
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Load availability on one of the nation’s largest spot freight markets shifted into high gear last week, but rates did not follow along.
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New figures from the freight matching service provider DAT show available freight on the spot market has fallen over the past week.
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Freight rates on one leading spot market have declined over the past week, but they remain stronger than usual for this time a year, especially in two sectors.
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Activity on one of the nation’s largest spot freight markets, along with most rates, have crept slightly higher over the past week, following a dip the week before.
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The number of loads available on one of the nation’s biggest spot markets saw its best July, but new figures also show freight levels over the past week is down from the week before.
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