Freight recession's in rear-view mirror: analyst

PORTLAND–Spot truckload freight availability in May reached its highest point since September, 2015, increasing 7.3% compared to April and 63% year-over-year, reported DAT Solutions, which operates the industry’s largest on-demand exchange for spot truckload freight. A steady increase in van and reefer freight volume, combined with higher rates and load-to-truck ratios, are signs that “we are leaving the freight recession behind in the rear-view mirror,” said Mark Montague, DAT industry pricing analyst. …Read the rest of this story

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