WINTER COLD SNAP LEADS TO SPOT MARKET SURGE IN THE FREIGHT INDUSTRY

The latest report fromDat Freight and Analytics, which controls the DAT One online freight marketplace and DAT iQ data analytics service, states “January spot freight volumes were pushed to all-time highs due to a winter-related bump in demand for truckload capacity.” Ken Adamo, DAT chief of analytics, goes on say: “winter weather increased the need for trucks at a time when shippers were moving holiday returns and springtime retail goods through supply chains, and for-hire carriers were rejecting a higher percentage of contracted loads.” Read more…