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Spot Market Freight Rates Retreat As Truck Capacity Jumps
Spot Market Freight Rates Retreat as Truck Capacity Jumps
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Jan 19, 2017 at 08:56 AM CST
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http://www.truckinginfo.com/news/story/2017/01/spot-market-freight-rates-retreat-as-truck-capacity-jumps.aspx
While truckload volumes increased 18% on the spot freight market a 34% hike in available truck capacity sent both rates and load-to-truck ratios lower for the week ending Jan. 14, according to DAT Solutions and its network of load boards.