11/01/2019 20:18:44

Spot market volume drops nearly a third from December 2017

PORTLAND, Ore., Jan. 11, 2019 (GLOBE NEWSWIRE) -- DAT Freight Index numbers indicate truckload freight volumes slipped 27% in December 2018 against last year’s numbers. Load availability has trended downward since August as capacity loosened and trucks were more available. Despite the downturn, volume increased 7% overall for the year. 

Flatbed rates remained stable month over month, but dry van and refrigerated (“reefer”) rates fell slightly, due to declining fuel surcharges. Compared to 2017, flatbed rates rose, but vans and reefers lost momentum.

According to DAT Market Analyst Peggy Dorf, a surge in e-commerce freight did not bolster spot market numbers this year, as expected. ”Contract carriers handled a bigger share of the seasonal loads, taking advantage of new equipment and improved driver retention,” she added.

About DAT Freight Index

The DAT Freight Index reflects load posting volumes on DAT load board networks. A rating of 100 represents average monthly volumes in the year 2000. Rates are averaged by equipment type, based on $57 billion of actual transactions recorded in DAT RateView. Rate-per-mile figures include fuel surcharges. Find a full spectrum of industry trends and analysis at DAT Trendlines.

About DAT Solutions

DAT operates the largest truckload freight marketplace in North America. Transportation brokers, carriers, and industry analysts rely on DAT for market trends and data insights derived from 279 million freight matches and a database of $57 billion in annual market transactions. Services include a directory of companies with business history, credit, safety, insurance, and company reviews.

DAT Solutions LLC is a wholly owned subsidiary of Roper Technologies (NYSE: ROP), a diversified technology company and constituent of S&P 500, Fortune 1000, and Russell 1000 indices. DAT.com

Contact:

Eileen Hart, VP, Marketing/Communications

PR@dat.com | 503-672-5132

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/453ab7ef-5add-4a7c-8913-9f61d080c84d

https://www.globenewswire.com/NewsRoom/AttachmentNg/9ba8f372-48a9-4187-9267-844d02635400

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