Truckload Freight Plentiful, Rates Up: November DAT Freight Index

News provided by

Dec 10, 2014, 01:32 ET

BEAVERTON, Ore., Dec. 10, 2014 /PRNewswire/ -- Spot market freight availability continued to be strong in November, when volume increased 17 percent compared to the same month in 2013, according to the DAT North American Freight Index. On a month-over-month basis, volume declined in a typical seasonal pattern, dropping 15 percent compared to October.

DAT North American Freight Index through November 2014.

Freight volume increased for the three major equipment types, compared to November 2013: van demand rose 44 percent, while freight availability increased 29 percent for refrigerated ("reefer") trailers and 13 percent for flatbeds, year over year. Truckload rates also increased for all three equipment types: Van rates rose 16 percent, reefer rates rose 24 percent, and flatbeds added 15 percent, compared to November 2013.

Compared to October, freight volume increased 8.6 percent for reefers, but van freight availability dipped 3.6 percent, and flatbed demand dropped a full 34 percent. Rates rose 6.1 percent for reefers, and 3.2 percent for vans, while flatbed rates slipped 2.1 percent.

Reference rates are derived from DAT RateView. Rates are cited for line haul only, excluding fuel surcharges, which declined on both a month-over-month and year-over-year basis. The monthly DAT North American Freight Index reflects spot market freight availability on the DAT Network of load boards in the United States and Canada. Additional trends and analysis are available at DAT Trendlines.

About DAT Solutions
Based in Portland, Oregon, DAT Solutions provides actionable information to transportation professionals in North America. It operates the industry's largest network of load boards and is a trusted source of supply and demand trends, rate benchmarking, and capacity planning information. Related services include a comprehensive directory of companies with business history, credit, safety, insurance and company reviews; broker transportation management software; fuel tax, mileage, vehicle licensing, and registration services; mobile resource management; and carrier onboarding.

Founded in 1978, DAT Solutions LLC is a wholly owned subsidiary of Roper Industries, a diversified growth company and constituent of the S&P 500, Fortune 1000 and Russell 1000 indices. www.dat.com

Photo - http://photos.prnewswire.com/prnh/20141210/163631-INFO

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/truckload-freight-plentiful-rates-up-november-dat-freight-index-300007910.html

SOURCE DAT Solutions