Truck Tonnage Hurt by Late Winter Storms in March | Transport Topics Online | Trucking, Freight Transportation and Logistics News

26 Apr by Vitaliy Dadalyan

Truck Tonnage Hurt by Late Winter Storms in March | Transport Topics Online | Trucking, Freight Transportation and Logistics News

The DAT North American Freight Index surged 58% to 489 in March compared with 2016 levels due to more freight demand, although spot market truckload rates only slightly improved. DAT uses a base level of 100 for spot market activity in the year 2000.

The national average spot rates for dry and refrigerated vans went up a penny to $1.63 per mile and $1.87 per mile in March, respectively, compared with February. The average flatbed rate increased 6 cents to $2.03.

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Truck tonnage rose 0.7% last month compared with March 2016, although the American Trucking Associations’ chief economist said that late winter storms hurt the index compared with this past February.

Source: Truck Tonnage Hurt by Late Winter Storms in March | Transport Topics Online | Trucking, Freight Transportation and Logistics News