DAT: Spot truckload volumes declined, rates fell sharply in February
Roper Technologies, Inc. (ROP)
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Source: Business Wire
BEAVERTON, Ore.--(BUSINESS WIRE)--Spot truckload freight volumes settled lower in February, driven by a mix of seasonal slowing, winter weather, and shipper concerns about tariffs and economic volatility, said DAT Freight & Analytics, which operates the DAT One freight marketplace and DAT iQ data analytics service.The DAT Truckload Volume Index (TVI), a measure of dry van, refrigerated (“reefer”), and flatbed loads moved in a month, decreased for van and reefer freight:Van TVI: 258, down 8.5% compared to JanuaryReefer TVI: 212, down 11.3%Flatbed TVI: 263, up 0.4%February typically has lower volumes compared to January due to fewer business days. However, year-over-year comparisons were positive, with the Van TVI up 5%, Reefer TVI increasing 9%, and Flatbed TVI rising 2.7% versus February 2024.“Freight shippers and brokers were eager to put February behind them, despite favorable spot rates for van and reefer freight,” said Ken Adamo, DAT Chief of Analytics. “However, uncertainty a
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