e-Brief -- Spot Freight on TransCore’s DAT Network up 10 Percent in August
PORTLAND, Ore.--(BUSINESS WIRE)--Spot market freight availability increased by almost 10 percent in August, compared to July, according to the TransCore Freight Index, a measure of truckload freight volume found on load boards supported by the DAT Network, including 3sixty Freight Match and TruckersEdge.net. In the past two years, by contrast, freight postings declined by an average of 22 percent from July to August.
The 10 percent month-to-month uptick continues a trend of better-than-seasonal improvement, although August 2009 spot freight volume was off by 31percent compared to that of a year ago. While spot freight volume has yet to return to levels considered “normal,” freight volumes continue to improve at a better-than-seasonal rate.
Brokers, 3PLs, carriers, and owner-operators in North America list more than 50 million loads and trucks per year across a variety of services feeding TransCore’s DAT® Network. As a result of this high volume, TransCore’s Freight Index is representative of the ups and downs in U.S. spot market freight availability.
The DAT Network sets the standard for load board services in the North America by providing:
- The most loads and trucks found on any load board on the internet or in truck stops,
- The highest number of exclusive loads found on a single load board,
- The best quality brokers in the industry with the highest credit scores and lowest-days-to-pay.
About TransCore’s Freight Business Services:
TransCore’s Freight Business Services provides a full line of commercial freight services, comprising industry standard loadboard products powered by the DAT Network for brokers, shippers, and truckers. This includes truckload rate indices for contract markets, automated carrier insurance e-certificates and DOT authority monitoring, and related services. TransCore also provides satellite tracking and in-cab communications solutions, logistics software used by more freight brokers than any other broker TMS, distribution and intermodal services, and a variety of fleet compliance services for tax reporting, titling, and driver services.