Latest news with #DATiQ
Business Wire
11 hours ago
- Business
- Business Wire
DAT: Typical May truckload rates, volumes masked tariff turmoil
BEAVERTON, Ore.--(BUSINESS WIRE)--Spot truckload van and refrigerated freight volumes rose modestly in May as shippers positioned inventory ahead of summer and potential tariffs, said DAT Freight & Analytics, which operates the DAT One freight marketplace and DAT iQ data analytics service. The DAT Truckload Volume Index (TVI) reflected typical seasonal changes: Van TVI: 247, up 3% compared to April Refrigerated ('reefer') TVI: 200, up 5% Flatbed TVI: 309, down 4% Year-over-year monthly comparisons for van freight were negative for the second consecutive month, slipping 1.4% compared to May 2024. The Reefer TVI was up 6% year over year and the Flatbed TVI increased 3% compared to May 2024. Spot van, reefer rates gained Amid relatively steady freight volumes, spot van and reefer rates increased solidly: Spot van: $1.99 per mile, up 3 cents from April Spot reefer: $2.36 per mile, up 9 cents Spot flatbed: $2.57 per mile, unchanged The van linehaul rate averaged $1.62 per mile, up 5 cents month over month, while the reefer rate rose 10 cents to $1.95. The flatbed linehaul rate increased 1 cent to $2.12. Typically, van and reefer rates rise in May as demand to move produce and retail goods ahead of the Memorial Day holiday increases, and drivers plan downtime around the three-day Commercial Vehicle Safety Alliance Roadcheck enforcement event in the middle of the month. 'The averages signaled normal seasonality in May, although in reality, there were swings in rates and volumes from week to week,' said Ken Adamo, Chief of Analytics for DAT. 'Between Roadcheck, Memorial Day, and shippers adjusting imports due to tariffs, it was an uneven and challenging month for carriers, brokers, and shippers.' Contract rates slipped Contract truckload rates dipped compared to April: Contract Van: $2.39 per mile, down 1 cent month over month and 4 cents lower year over year Contract Reefer: $2.72 per mile, down 2 cents and 7 cents lower year over year Contract Flatbed: $3.07 per mile, down 1 cent and 3 cents lower year over year 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 deduct an average fuel surcharge amount, which was 37 cents, 41 cents, and 45 cents for vans, reefers, and flatbeds, respectively. 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; Trucker Tools, the leader in load visibility; and Outgo, the financial services platform. 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, Oregon, DAT continues to set the standard for innovation in the trucking and logistics industry. Visit for more information.
Yahoo
10-02-2025
- Business
- Yahoo
DAT iQ heads to Manifest Vegas to help shippers and brokers prep for a volatile year
LAS VEGAS, February 10, 2025--(BUSINESS WIRE)--DAT Freight & Analytics will showcase its DAT iQ analytics platform for shippers and a new carrier identity-authentication system for DAT One customers at Manifest Vegas 2025, the largest global gathering of supply chain technologies and professionals, from February 10-12. "Already, 2025 is generating volatility and opportunity for shippers and freight brokers," said DAT CEO & President Jeff Clementz. "Manifest is a great place to learn how we equip customers with the analytics and security solutions they need to build trusted relationships and navigate the evolving market." DAT will feature several products at Manifest: DAT iQ Benchmark delivers unmatched rate visibility and validation, network analysis, and predictive analytics for freight shippers and brokers, with pricing models trained on $1 trillion in customer-submitted transactions since 2010. Carrier Management Suite builds carrier authentication directly into the DAT One freight-match network. It eliminates the need for separate vendors to vet, onboard, track, and tender loads. Trucker Tools, acquired by DAT in December 2024, will exhibit its products for brokers at Booth 411, including its proven approach to using telematics for tracking freight and validating carrier identities. Connect with DAT at Manifest: Visit DAT at Booth 1032 and Trucker Tools at Booth 411. Join us at our Shipper Reception on Tuesday, February 11, for exclusive networking opportunities with peers, DAT Chief Scientist Dr. Chris Caplice, and the DAT iQ team. Visit the DAT booth for more information. Set up a meeting for a dedicated time to talk about your specific challenges. "Our expert guidance at Manifest gives shippers and brokers the insight they need to make the most of their investment in freight intelligence and analytics," said DAT CEO & President Jeff Clementz. "We would love a chance to show you how." About DAT Freight & Analytics DAT Freight & 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. 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. DAT is headquartered in Beaverton, Ore. Visit for more information. View source version on Contacts Georgia JablonCorporate Communications, DAT Freight & 904-305-6454 Sign in to access your portfolio
