Firm capacity and demand on the spot truckload freight market made for stable rates during the week ending August 23, according to DAT Solutions, which operates the DAT network of load boards. The total number of posted van, refrigerated, and flatbed loads decreased 1.4 percent while the available capacity dipped 0.1 percent compared to the previous week.
Following nearly 2,000 incident updates in 16 months, Portoverview.com's Africa's editor, Victor Shieh told attendees at the recent Cool Logistics Conference in Cape Town, South Africa, that shipping on the continent is likely to get worse before it begins to see improvements.
The DAT North American Freight Index showed a return to post-recession freight volumes during the month of February, following a record-setting January. On a year-over-year basis, freight availability declined 2.5%. Month-over-month spot freight declined 14% when compared to January's unusually high freight volumes.
