DAT: Truckload volumes and rates diverged in August
Roper Technologies, Inc. (ROP)
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Source: Business Wire
BEAVERTON, Ore.--(BUSINESS WIRE)--Truckload freight volumes and rates continued on divergent paths in August, with shipments rising and prices falling for the third straight month, said DAT Freight & Analytics, which operates the DAT One freight marketplace and DAT iQ data analytics service.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240918363926/en/Truckload volumes and rates diverged in August (Graphic: DAT Freight & Analytics)The DAT Truckload Volume Index (TVI), an indicator of loads moved in a given month, increased for all three equipment types in August:Van TVI: 289, up 2.8% month over monthRefrigerated TVI: 220, up 4.3%Flatbed TVI: 287, up 0.3%The TVI was higher for both van and refrigerated (“reefer”) freight compared to August 2023. The van TVI was up 6.3%, while the reefer TVI was up 17.6%. The flatbed TVI dipped 0.7% year over year.Meanwhile, August lived up to its reputation as a tough month for truckloa
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