DAT Truckload Volume Index: Spot freight volume and rates slip seasonally in April
Roper Technologies, Inc. (ROP)
Last roper technologies, inc. earnings: 4/28 06:55 am
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Source: GlobeNewswire
PORTLAND, Ore., May 10, 2019 (GLOBE NEWSWIRE) -- Spot market truckload freight continued two trends in April that have been a recurring theme in 2019: Strong volumes and abundant capacity. Spot freight volume and rates for dry van equipment slipped lower in April compared to March, a typical seasonal trend. Volumes for dry van freight – the most common semi-trailer type – increased 2.4 percent in April 2019 compared to 2018, according to DAT Solutions, operator of the largest truckload freight marketplace in North America. Some spot market service providers are growing rapidly this year, and that growth offsets losses in other sectors. Despite the sustained volume, the national average spot van rate fell 35 cents per mile compared to April 2018 due to readily available truckload capacity. Mo
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