{"id":796549,"date":"2024-12-20T12:49:08","date_gmt":"2024-12-20T17:49:08","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/dat-november-truckload-volumes-lagged-robust-october\/"},"modified":"2024-12-20T12:49:08","modified_gmt":"2024-12-20T17:49:08","slug":"dat-november-truckload-volumes-lagged-robust-october","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/dat-november-truckload-volumes-lagged-robust-october\/","title":{"rendered":"DAT: November truckload volumes lagged robust October"},"content":{"rendered":"<p>        <!--.bwlistdisc { list-style-type: disc }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>DAT: November truckload volumes lagged robust October<\/b><\/p>\n<p>BEAVERTON, Ore.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nAfter gaining momentum throughout the year, last month spot truckload freight volumes retreated to their lowest point since January, said DAT Freight &amp; Analytics, which operates the DAT One freight marketplace and DAT iQ data analytics service.<\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20241220897542\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20241220897542\/en\/<\/a><\/p>\n<div id=\"bwbodyimg\" style=\"width: 480px;float:left;padding-left:0px;padding-right:20px;padding-top:0px;padding-bottom:0px\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20241220897542\/en\/2337898\/4\/MKT-0109_TVI_Monthly_Chart_VAN_NOV_2024.png.jpg\" alt=\"DAT: November truckload volumes lagged robust October (Photo: DAT Freight &amp; Analytics)\" \/><\/p>\n<p style=\"font-size:85%\">DAT: November truckload volumes lagged robust October (Photo: DAT Freight &amp; Analytics)<\/p>\n<\/div>\n<p>\nThe DAT Truckload Volume Index (TVI) declined for all three equipment categories compared to October:<\/p>\n<ul class=\"bwlistdisc\">\n<li>\nVan TVI: 246, down 18%<\/p>\n<\/li>\n<li>\nRefrigerated TVI: 204, down 11%<\/p>\n<\/li>\n<li>\nFlatbed TVI: 242, down 23%<\/p>\n<\/li>\n<\/ul>\n<p>\nThe TVI was higher year over year only for reefer freight, up 7% compared to November 2023. The van and flatbed TVI were down 1% and 5%, respectively.<\/p>\n<p>\n\u201cShippers moved so much freight into the U.S. earlier this year, ahead of potential tariffs and port strikes, that we didn\u2019t see the volumes we might expect in November,\u201d said Ken Adamo, DAT Chief of Analytics. \u201cThe exception was reefer freight. The late Thanksgiving gave grocers a few extra shipping days for fresh and frozen goods.\u201d<\/p>\n<p><b>Spot reefer rate strengthened ahead of the holiday<\/b><\/p>\n<p>\nThe national average spot rate for reefer freight increased 6 cents to $2.45 a mile, the most since January. The van rate was unchanged at $2.02 and the flatbed rate fell 5 cents to $2.37.<\/p>\n<p>\nThe van linehaul rate averaged $1.64 a mile, up 1 cent compared to October. The reefer rate was $2.04, up 7 cents, and the flatbed rate slipped 3 cents to $1.93. Rates are about 5% higher year over year.<\/p>\n<p><b>Contract rates dipped but show signs of strength<\/b><\/p>\n<p>\nNational average contract rates were changed little last month:<\/p>\n<ul class=\"bwlistdisc\">\n<li>\nContract van rate: $2.40 per mile, down 1 cents but 11 cents lower year over year<\/p>\n<\/li>\n<li>\nContract reefer rate: $2.74 a mile, unchanged and down 18 cents year over year<\/p>\n<\/li>\n<li>\nContract flatbed rate: $3.03 a mile, down 1 cent and 11 cents lower than last year<\/p>\n<\/li>\n<\/ul>\n<p>\nAt 0.3%, the DAT iQ New Rate Differential (NRD) for van freight was above zero for the third month in a row for the first time since Spring 2022. The NRD measures changes in the contract market by comparing rates entering the market to those exiting; a positive NRD signals a tightening market and higher rates for shippers.<\/p>\n<p>\n\u201cThe NRD suggests that truckload pricing for contract freight is moving higher,\u201d Adamo said. \u201cWe don\u2019t expect bold changes quickly, but all indications point to steady rate growth into the first half of 2025.\u201d<\/p>\n<p><b>About the DAT Truckload Volume Index<\/b><\/p>\n<p>\nThe DAT Truckload Volume Index reflects the change in the number of loads with a pickup date during that month. A baseline of 100 equals the number of loads moved in January 2015, as recorded in DAT RateView, a truckload pricing database and analysis tool with rates paid on an average of 3 million monthly loads.<\/p>\n<p>\nDAT benchmark spot rates are derived from invoice data for hauls of 250 miles or more with a pickup date during the month reported. Linehaul rates subtract an amount equal to an average fuel surcharge.<\/p>\n<p><b>About DAT Freight &amp; Analytics<\/b><\/p>\n<p>\nDAT Freight &amp; Analytics operates both the largest truckload freight marketplace and truckload freight data analytics service in North America. Shippers, transportation brokers, carriers, news organizations, and industry analysts rely on DAT for market trends and data insights based on more than 400 million annual freight matches, and a database of $150 billion in annual freight market transactions.<\/p>\n<p>\nFounded in 1978, DAT is a business unit of Roper Technologies (Nasdaq: ROP), a constituent of the Nasdaq 100, S&amp;P 500, and Fortune 1000. DAT is headquartered in Beaverton, Ore. Visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fdat.com%2F&amp;esheet=54170117&amp;newsitemid=20241220897542&amp;lan=en-US&amp;anchor=dat.com&amp;index=1&amp;md5=fe45c32ab630f121cd1434acdadd6920\">dat.com<\/a> for more information.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20241220897542r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20241220897542\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20241220897542\/en\/<\/a><\/span><\/p>\n<p><b>DAT Contact<br \/>\n<\/b><br \/>Georgia Jablon<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:PR@dat.com\">PR@dat.com<\/a> \/ <a rel=\"nofollow\" href=\"mailto:georgia.jablon@dat.com\">georgia.jablon@dat.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Oregon United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Software Supply Chain Management Networks Professional Services Data Management Technology Retail Trucking Data Analytics Transport Finance Logistics\/Supply Chain Management<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20241220897542\/en\/1784636\/3\/DAT_F_A_LOGO_STACKED_LIGHT.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20241220897542\/en\/2337898\/3\/MKT-0109_TVI_Monthly_Chart_VAN_NOV_2024.png.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">DAT: November truckload volumes lagged robust October (Photo: DAT Freight &amp; Analytics)<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>DAT: November truckload volumes lagged robust October BEAVERTON, Ore.&#8211;(BUSINESS WIRE)&#8211; After gaining momentum throughout the year, last month spot truckload freight volumes retreated to their lowest point since January, said DAT Freight &amp; 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\/20241220897542\/en\/ DAT: November truckload volumes lagged robust October (Photo: DAT Freight &amp; Analytics) The DAT Truckload Volume Index (TVI) declined for all three equipment categories compared to October: Van TVI: 246, down 18% Refrigerated TVI: 204, down 11% Flatbed TVI: 242, down 23% The TVI was higher year over year only for reefer freight, up 7% compared to November 2023. The van and &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/dat-november-truckload-volumes-lagged-robust-october\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;DAT: November truckload volumes lagged robust October&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-796549","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>DAT: November truckload volumes lagged robust October - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/dat-november-truckload-volumes-lagged-robust-october\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DAT: November truckload volumes lagged robust October - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"DAT: November truckload volumes lagged robust October BEAVERTON, Ore.&#8211;(BUSINESS WIRE)&#8211; After gaining momentum throughout the year, last month spot truckload freight volumes retreated to their lowest point since January, said DAT Freight &amp; 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\/20241220897542\/en\/ DAT: November truckload volumes lagged robust October (Photo: DAT Freight &amp; Analytics) The DAT Truckload Volume Index (TVI) declined for all three equipment categories compared to October: Van TVI: 246, down 18% Refrigerated TVI: 204, down 11% Flatbed TVI: 242, down 23% The TVI was higher year over year only for reefer freight, up 7% compared to November 2023. 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This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20241220897542\/en\/ DAT: November truckload volumes lagged robust October (Photo: DAT Freight &amp; Analytics) The DAT Truckload Volume Index (TVI) declined for all three equipment categories compared to October: Van TVI: 246, down 18% Refrigerated TVI: 204, down 11% Flatbed TVI: 242, down 23% The TVI was higher year over year only for reefer freight, up 7% compared to November 2023. 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