Since last October, the truckload sector has seen more carriers leave the industry than join. Since 2014 DAT Freight & Analytics has been tracking the spread between carriers obtaining new authorities or reactivating existing ones (green bars in the chart below) and those exiting the industry (red bars). The spread or difference between the two…
Flatbed carriers are moving around 37,000 fewer truckloads of steel compared to the start of June last year, based on data from the American Iron and Steel Institute (AISI). Excluding 2020, when global demand crashed, year-to-date steel production tonnage is the lowest since 2018. The AISI reports steel output in the U.S. in the week…
In the last 30 days, watermelons have dominated national truckload tonnage as the number one commodity shipped, a spot usually held by potatoes. In May, almost 765 million pounds, or nearly 18,000 truckloads of seedless watermelons, were shipped, followed by potatoes (596 million pounds) and apples (445 million pounds). According to the USDA, 55% of…
On a recent DAT Freight & Analytics show, we interviewed Tim Denoyers, Senior Analyst at ACT Research, to talk about the long-term outlook for the truckload sector. Here’s an excerpt from the interview. Dean Croke (DC): Now that more definitive employment trends are emerging, how many jobs will the US trucking industry contract this year, and…
As the weather warms up, suppliers can expect the demand for fresh fruits and vegetables to spike, highlighting the need for real-time data and analytics to better determine rates and stay nimble during both predictable and unexpected ebbs and flows in demand and product availability. The current state of the industry Unlike previous years, we’re…
The siloed nature of traditional shipper-carrier relationships is officially in the rear view mirror. From socioeconomic volatility and rapid demand swings to seasonal supply chain disruptions and rising fuel costs, organizations are navigating more complexity than ever during day-to-day operations – making effective collaboration between shippers and carriers increasingly critical to success. In a…