Spot truckload volumes finish December on a optimistic pattern By Investing.com



BEAVERTON, Ore.–(BUSINESS WIRE)–Demand for vans on the spot market rose in December, suggesting stable retail and grocery gross sales forward of the vacations, mentioned DAT Freight & Analytics, which operates the DAT One freight market and DAT iQ information analytics service.

The van and refrigerated Truckload Quantity Index (TVI) elevated modestly in comparison with November:

  • Van TVI: 260, up 2.4%
  • Refrigerated TVI: 220, up 3%
  • Flatbed TVI: 237, down 5%

Yr over 12 months, the van and reefer TVI had been up 12% and 20%, respectively, and the flatbed TVI was 7% larger.

December freight volumes had been robust regardless of the quirks of the calendar, mentioned Ken Adamo, DAT Chief of Analytics, noting that Christmas fell on a Wednesday and there have been solely three non-holiday weeks between Thanksgiving and the tip of the 12 months. The mix of seasonal volumes, fewer transport days, and truckers taking day without work for the vacations led to larger spot costs in comparison with November. Internet gas, the van charge was the very best month-to-month common since January 2023.

Truckload charges shifted larger

The nationwide common spot charges elevated for all three gear sorts:

  • Spot van: $2.11 per mile ($1.74 internet gas), up 9 cents in comparison with November
  • Spot reefer: $2.47 ($2.06 internet gas), up 2 cents
  • Spot flatbed: $2.39 ($1.94 internet gas), up 2 cents

Nationwide common contract van and flatbed charges edged larger final month:

  • Contract van charge: $2.42 per mile, up 2 cents
  • Contract reefer charge: $2.74 a mile, unchanged
  • Contract flatbed charge: $3.06 a mile, up 3 cents

The distinction between van and reefer spot and contract charges narrowed for the fourth straight month and was the smallest since March 2022, when spot charges entered a extreme deflationary interval, Adamo mentioned. When the hole between spot and long-term contract charges is trending decrease, it is a sign that capability is tightening and negotiating energy is shifting towards truckload carriers.

Concerning the DAT Truckload Quantity Index

The DAT Truckload Quantity Index displays the change within the variety of masses with a pickup date throughout that month. A baseline of 100 equals the variety of masses moved in January 2015, as recorded in DAT RateView, a truckload pricing database and evaluation device with charges paid on a median of three million month-to-month masses.

DAT benchmark spot charges are derived from bill information for hauls of 250 miles or extra with a pickup date throughout the month reported. Linehaul charges subtract an quantity equal to a median gas surcharge.

About DAT Freight & Analytics

DAT Freight & Analytics operates each the most important truckload freight market and truckload freight information analytics service in North America. Shippers, transportation brokers, carriers, information organizations, and trade analysts depend on DAT for market traits and information insights primarily based on greater than 400 million annual freight matches, and a database of $150 billion in annual freight market transactions.

Based in 1978, DAT is a enterprise unit of Roper Applied sciences (Nasdaq: NASDAQ:), a constituent of the , , and Fortune 1000. DAT is headquartered in Beaverton, Ore. Go to dat.com for extra data

DAT Contact
Georgia Jablon
PR@dat.com / georgia.jablon@dat.com

Supply: DAT Freight & Analytics



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