The national average van rate hit $1.98 for dry vans last week. That's 4¢ per mile above the December average and higher than any monthly rate since 2018. Reefer rates rose as well, but flatbeds lost 4¢ per mile. Load counts rose in high-volume lanes for vans, and declined for reefers and flatbeds, compared to the previous week. Volumes were much lower than in the run-up to Christmas, however. For more info on lane rates, read t
The charts below show the national average rates for the month to date, including fuel surcharges.
FTR reported that preliminary North American Class 8 net orders in December totaled 31,900 units, down 7% month-over-month (m/m) yet a notable 23% increase year-over-year (y/y).
View Article• HERE enters into 10-year, $1 billion cloud infrastructure agreement with AWS to support AI-powered, live streaming map and location services for automotive, transportation, logistics, and mobility companies globally. •…
View Article• HERE AI Assistant leverages multiple Large Language Models to drive innovation in passenger and commercial vehicle applications. • Intelligent guidance solution built on HERE’s extensive history of employing AI/ML…
View ArticleIndustry updates and weekly newsletter direct to your inbox!