Spot market volume drops nearly a third from December 2017

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PORTLAND, Ore., Jan. 11, 2019 (GLOBE NEWSWIRE) -- DAT Freight Index numbers indicateagainst last year’s numbers. Load availability has trended downward since August as capacity loosened and trucks were more available. Despite the downturn, volume increased 7% overall for the year. 

Flatbed rates remained stable month over month, but dry van and refrigerated (“reefer”) rates fell slightly, due to declining fuel surcharges. Compared to 2017, flatbed rates rose, but vans and reefers lost momentum.

According to DAT Market Analyst Peggy Dorf, a surge in e-commerce freight did not bolster spot market numbers this year, as expected. ”Contract carriers handled a bigger share of the seasonal loads, taking advantage of new equipment and improved driver retention,” she added.

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Globe Newswire: 20:18 GMT Friday 11th January 2019

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