Latest news with #DATFreight&Analytics
Yahoo
16-05-2025
- Business
- Yahoo
DAT acquires Outgo, enters race to become dominant freight exchange platform
DAT Freight & Analytics acquired factoring and fintech provider Outgo on Thursday, bringing modern payment infrastructure into the DAT One ecosystem and redefining how freight carriers book and get paid for loads. Terms of the deal were not disclosed. DAT isn't merely expanding its portfolio; it's restructuring how transactions flow through the freight marketplace. The logistics world has historically dealt with payment delays that could stretch for weeks. With Outgo's technology now embedded in DAT One, carriers can get paid within hours, sometimes in as little as 15 minutes, according to a news release, which added that this brings a level of liquidity that's vital for small carriers and owner-operators whose businesses run on thin margins. Founded in 2022 by former Uber and Convoy technologists, Outgo has focused its efforts on disrupting freight finance by bundling banking, factoring and payment services into a single platform. Its 'fractional factoring' model gives carriers more control, allowing them to factor only what they need, when they need it, compared to the traditional carrier-factoring relationship that required long-term contracts or minimums. 'We're relentlessly focused on transforming how carriers get paid so it's faster, more flexible, and puts them in control of their finances. … Joining a company with the reputation and trust that DAT has earned will allow us to continue to develop payment innovations at a greater scale for the benefit of both carriers and brokers,' said CEO and co-founder of Outgo Marcus Womack, in the to DAT CEO Jeff Clementz, the integration of Outgo reflects the company's broader ambition: to create a smarter, more connected logistics marketplace where load matching, compliance, visibility and now payments live under one roof. Brokers that meet Outgo's qualification standards receive a 'blue check,' signaling their loads are eligible for near-instant payment processing – a small badge with big implications for carrier trust and load prioritization. The implications go beyond efficiency. In a landscape increasingly vulnerable to fraud, delayed payments and identity theft, embedding secure, real-time payments within a trusted network enhances not only speed but also security. DAT has already invested in carrier vetting tools and authentication layers like its Carrier Management Suite and Trucker Tools acquisition; Outgo rounds out the stack of security improvements the company is focused on. This move also expands the already growing market in freight fintech. Triumph Financial has similarly been focused on leveraging its legacy fintech solutions to bring more value to its shipper, broker and carrier customers. The company recently acquired Isometric Technologies and to build its own freight intelligence and payments ecosystem. It already dominates a large share of freight brokerage payments and is rumored to be looking to enter load matching, a space historically ruled by freight carriers and brokers, the stakes are high. DAT is positioning itself not just as a load board, but as the freight industry's central exchange. Disclosure: Craig Fuller, founder and CEO of FreightWaves, is an investor in Outgo. Articles by Grace Sharkey Avocados, auto parts and ambushes: Inside Mexico's cargo theft crisis Flock Freight's shared truckload model hauls in $60M Series E Is English proficiency enforcement the right focus for safer roads?The post DAT acquires Outgo, enters race to become dominant freight exchange platform appeared first on FreightWaves.
Business Wire
09-05-2025
- Business
- Business Wire
DAT: Truckload volumes, rates slipped in April amid freight-market uncertainty
BEAVERTON, Ore.--(BUSINESS WIRE)--Spot truckload freight volumes declined in April, a sign that tariff-related stockpiling, a slowdown in manufacturing, and general seasonality contributed to reduced demand for trucking services, said DAT Freight & Analytics, which operates the DAT One freight marketplace and DAT iQ data analytics service. The DAT Truckload Volume Index (TVI) declined slightly for van and reefer freight: Year-over-year comparisons were positive, with the Van TVI up 1%, Reefer TVI up 4%, and Flatbed TVI up 5% compared to April 2024. 'The market feels frozen,' said Ken Adamo, Chief of Analytics at DAT Freight & Analytics. 'April brought the usual seasonal opportunities in produce and construction materials. But broader economic factors—including uncertainty over tariffs and the pull-forward of inventory this year—put a damper on growth in overall freight volumes, especially compared to previous years.' There was little movement in national average spot van and reefer truckload rates, which is typical between March and April. The flatbed rate increased for the fifth straight month. Van: $1.96 per mile, down 3 cents from March Reefer: $2.27 per mile, unchanged Flatbed: $2.57 per mile, up 4 cents The van linehaul rate averaged $1.57 per mile, down 3 cents month over month; the reefer rate was unchanged at $1.85; and the flatbed rate was $2.11, up 5 cents. Linehaul rates exclude an average fuel surcharge amount, which was 39 cents, 42 cents, and 46 cents for vans, reefers, and flatbeds, respectively. Contract truckload rates edged higher compared to March but lagged behind April 2024 averages: Contract Van: $2.40 per mile, unchanged month over month and 6 cents lower year over year Contract Reefer: $2.74 per mile, up 2 cents and 8 cents lower year over year Contract Flatbed: $3.08 per mile, up 4 cents and 5 cents lower year over year The spread between contract and spot rates increased for the fourth straight month, at 44 cents for vans, 47 cents for reefers, and 51 cents for flatbeds. When spot rates fall relative to contract pricing, it can signal a soft or oversupplied market where carriers have to accept lower rates to keep moving. 'Carriers were hoping April rates would be a springboard into a stronger Q2,' Adamo said. 'Instead, the optimistic case is that they've reached a pricing floor heading into the traditional summer peak shipping season in May and June. How 'traditional' the season looks has yet to be determined.' About the DAT Truckload Volume Index The 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 database tracking rates paid on an average of 3 million loads per month. DAT 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 exclude an amount equal to an average fuel surcharge. About DAT Freight & Analytics DAT Freight & Analytics operates DAT One, North America's largest truckload freight marketplace; DAT iQ, the industry's leading freight data analytics service; and Trucker Tools, the leader in load visibility. Shippers, transportation brokers, carriers, news organizations, and industry analysts rely on DAT for market trends and data insights, informed by nearly 700,000 daily load posts and a database exceeding $1 trillion in freight market transactions. Founded in 1978, DAT is a business unit of Roper Technologies (Nasdaq: ROP), a constituent of the Nasdaq 100, S&P 500, and Fortune 1000. Headquartered in Beaverton, Ore., DAT continues to set the standard for innovation in the trucking and logistics industry. Visit for more information.
Business Wire
21-04-2025
- Business
- Business Wire
DAT opens early-bird registration for DATCON25
BEAVERTON, Ore.--(BUSINESS WIRE)--DAT Freight & Analytics has opened registration for DATCON25, the premier transportation and logistics user conference, at "DATCON is an incredible event that sparks new ideas and fresh ways to run your business." Share This year's event will take place from Sept. 8-10 at the Loews Chicago O'Hare Hotel. Early-bird registration is available now, with tickets at the lowest price they will be offered. The insights, innovative strategies, and fresh perspectives gained at DATCON25 will help energize broker, shipper, and fleet carrier businesses and set the stage for future growth. Attendees will hear about DAT's product direction and gain valuable industry insights and hands-on product training. Conference registration includes access to all general sessions, breakout sessions, hosted meals, and receptions. 'DATCON is a hub for freight, technology, and innovative ideas, so it's fitting we're coming to Chicago,' said Jeff Hopper, Chief Marketing Officer at DAT. 'We're especially excited to bring Trucker Tools to the stage and elevate their tracking, visibility, and managing capacity expertise. The DAT community continues to grow, and we're looking forward to bringing everyone together.' 'DATCON is an incredible event that sparks new ideas and fresh ways to run your business. You're hearing directly from industry leaders who've done the work, gathered the insights, and are sharing what you need to move forward and grow,' said Jorge 'JP' Padilla, Vice President, Logistics Coordinator at BTC Transport Systems. About DAT Freight & Analytics DAT Freight & Analytics operates DAT One, North America's largest truckload freight marketplace; DAT iQ, the industry's leading freight data analytics service; and Trucker Tools, the leader in load visibility. Shippers, transportation brokers, carriers, news organizations, and industry analysts rely on DAT for market trends and data insights, informed by nearly 700,000 daily load posts and a database exceeding $1 trillion in freight market transactions. Founded in 1978, DAT is a business unit of Roper Technologies (Nasdaq: ROP), a constituent of the Nasdaq 100, S&P 500, and Fortune 1000. Headquartered in Beaverton, Ore., DAT continues to set the standard for innovation in the trucking and logistics industry. Visit for more information.
Yahoo
21-04-2025
- Business
- Yahoo
DAT opens early-bird registration for DATCON25
BEAVERTON, Ore., April 21, 2025--(BUSINESS WIRE)--DAT Freight & Analytics has opened registration for DATCON25, the premier transportation and logistics user conference, at This year's event will take place from Sept. 8-10 at the Loews Chicago O'Hare Hotel. Early-bird registration is available now, with tickets at the lowest price they will be offered. The insights, innovative strategies, and fresh perspectives gained at DATCON25 will help energize broker, shipper, and fleet carrier businesses and set the stage for future growth. Attendees will hear about DAT's product direction and gain valuable industry insights and hands-on product training. Conference registration includes access to all general sessions, breakout sessions, hosted meals, and receptions. What: DATCON25 When: Sept. 8-10, 2025 Where: Loews Chicago O'Hare Hotel Early-bird registration: $895 per person (through May 15) Group discounts: Available for companies registering three or more attendees More information: "DATCON is a hub for freight, technology, and innovative ideas, so it's fitting we're coming to Chicago," said Jeff Hopper, Chief Marketing Officer at DAT. "We're especially excited to bring Trucker Tools to the stage and elevate their tracking, visibility, and managing capacity expertise. The DAT community continues to grow, and we're looking forward to bringing everyone together." "DATCON is an incredible event that sparks new ideas and fresh ways to run your business. You're hearing directly from industry leaders who've done the work, gathered the insights, and are sharing what you need to move forward and grow," said Jorge "JP" Padilla, Vice President, Logistics Coordinator at BTC Transport Systems. About DAT Freight & Analytics DAT Freight & Analytics operates DAT One, North America's largest truckload freight marketplace; DAT iQ, the industry's leading freight data analytics service; and Trucker Tools, the leader in load visibility. Shippers, transportation brokers, carriers, news organizations, and industry analysts rely on DAT for market trends and data insights, informed by nearly 700,000 daily load posts and a database exceeding $1 trillion in freight market transactions. Founded in 1978, DAT is a business unit of Roper Technologies (Nasdaq: ROP), a constituent of the Nasdaq 100, S&P 500, and Fortune 1000. Headquartered in Beaverton, Ore., DAT continues to set the standard for innovation in the trucking and logistics industry. Visit for more information. View source version on Contacts Georgia Jablon, Corporate CommunicationsDAT Freight & Sign in to access your portfolio
Yahoo
30-03-2025
- Business
- Yahoo
Chain Reaction: DAT Freight & Analytics' Dr. Chris Caplice on Taking a ‘Balanced Approach' to Transportation Procurement
Chain Reaction is Sourcing Journal's discussion series with industry executives on logistics challenges and solutions. Here, Dr. Chris Caplice, chief scientist at DAT Freight & Analytics, discusses how the transportation company uses its tech to help shippers optimize procurement and navigate market shifts. Name: Dr. Chris Caplice More from Sourcing Journal Flexport Targets Profitability by End of 2025 Byte-Sized AI: Walmart Announces Gen AI Merchant Tool; Oxford Industries Partners With Exotec Trucking Lobby Warns De Minimis Changes Would Bring 'Steep Learning Curve' to Logistics Firms Title: Chief scientist Company: DAT Freight & Analytics What is DAT Freight & Analytics? DAT Freight & Analytics operates the DAT One truckload freight marketplace and DAT iQ data analytics service for freight shippers, brokers and carriers. DAT iQ pricing models are trained on $1 trillion in market transactions submitted by freight shippers and brokers and provide benchmark spot and contract pricing on virtually every trucking lane in North America. What are the main things brands and retailers could do right now that would immediately improve logistics? Big swings—optimizing your supply chain network, nearshoring or reshoring parts of your supply chain, warehouse automation—require executive buy-in, capital and a lot of time. Immediate improvements come from doing a better job handling what you can control today. Two things you can do right now are stop trying to plan for unpredictable events and focus on effects instead and take a balanced approach to transportation procurement. You'll be less likely to face price and service shocks when you're unable to cover the load with a primary carrier. How can companies plan for disruptive supply chain challenges? Don't waste time trying to predict specific events. Instead, prepare for their effects. Events and effects are different. For instance, last year, low water at the Panama Canal led to longer transit times from the Pacific Rim. More than a few companies now have detailed playbooks on what to do next time there's a drought in Panama. How should retailers adjust transportation procurement during disruptions? Transportation requests for proposals (RFP) typically result in carriers being designated as primary and alternate options for specific lanes. When a primary carrier rejects a load, the waterfall process begins. Loads are offered to backup carriers in a predefined order until someone accepts the tender. As you move deeper into the routing guide, your leverage decreases and costs rise. Studies from MIT FreightLab show rates increase from 8 percent above primary for the first alternate to 35 percent for the tenth alternate. Time is another factor: Offering loads to alternate carriers can add hours to tendering. A failed routing guide proves that RFPs and contract carriers alone are insufficient if you value supply chain efficiency. It's better to have a portfolio of dedicated, contract and dynamic relationships. What adjustments can supply chains make to be more efficient, especially with transportation costs expected to rise? There are three adjustments to consider as we enter an inflationary market, all designed to take price risks off the table. First, consider pre-bid awards on key lanes to core carriers at reasonable target rates. Keeping incumbents on important lanes provides consistency of service at a market-adjusted rate. Second, calibrate your carrier mix and size. This isn't to say you should double your carrier base, but consider awarding multiple carriers some level of business throughout this cycle when negotiating power is swinging to transportation providers. Similarly, ensure a mix of asset and non-asset providers to leverage as the market tightens. Third, tamp down savings expectations for a bid. Saving a percentage or two during a bid while heading into a period of higher transportation prices can lead to service and capacity problems as the market tightens. Also, avoid making decisions based on simple year-over-year comparisons—there are far better ways to benchmark your performance. Are you optimistic about supply chains in the coming years? Absolutely. For all the uncertainty and volatility in supply chain management, we've seen more talent, technology and investment dollars come into the business in the last five years. Supply chain-specific data and market intelligence have transformed how organizations evaluate their performance and manage costs. Through it all, core principles and carrier key performance indicators (KPIs) remained constant: On-time delivery, on-time pickup and carrier acceptance ratios matter as much as ever. Whatever disruptions you face today, focus on the fundamentals and you'll have a much better chance of long-term success. Sign in to access your portfolio
