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PORTLAND, Ore., Feb. 13, 2020 (GLOBE NEWSWIRE) -- Spot market truckload rates got a hot start in January, but quickly chilled once the seasonal lull took hold. Prices for dry van and refrigerated (“reefer”) shipments fell compared to December 2019, but volumes actually increased, according to the DAT Truckload Volume Index. Flatbed rates and volume were both up slightly in January. Pent-up demand after the busy holiday season kept prices high in the first half of the month, but as more...

PORTLAND, Ore., Feb. 13, 2020 (GLOBE NEWSWIRE) -- Leonard’s Express, an asset-based transportation provider located in Farmington, New York, has joined a pilot program to test a truckload rate forecasting tool from DAT Solutions that generates rate predictions based on current market conditions, price momentum, and five years of historic data. “With a fleet of 450 trucks, we’re looking for ways to be predictive rather than reactive to market conditions,” said Mike Riccio, Chief Marketing...

PORTLAND, Ore., Jan. 16, 2020 (GLOBE NEWSWIRE) -- Rates rose to an 11-month high for dry van and refrigerated (“reefer”) equipment on the spot market in December, even though volume declined slightly for spot and contract truckload freight, according to the DAT Truckload Freight Volume Index. Lower volumes rarely mean lower rates in the last month of the year. Spot rates have increased in December for the past five years, but the 2019 surge was stronger than usual, with van and reefer rates...

PORTLAND, Ore., Jan. 06, 2020 (GLOBE NEWSWIRE) -- DAT Solutions announced today that it is supplying Knight-Swift Transportation, North America’s largest truckload fleet, with a powerful new rate forecasting tool to provide actionable short-term and long-term insights into transportation markets. The predictive analytics tool provides forecasts based on the DAT RateView database of more than $68 billion in annual freight transactions. "Knight-Swift is eager to begin testing DAT’s new rate...

PORTLAND, Ore., Dec. 16, 2019 (GLOBE NEWSWIRE) -- DAT Solutions announced today that Ken Adamo – former Manager of Decision Science and Innovation at FedEx Custom Critical – has joined the company as Chief of Analytics, effective immediately. Adamo will lead DAT’s analytics team and serve as the company's senior industry analyst. Prior to joining DAT, Adamo developed rate forecasting models and advanced pricing principles for FedEx that utilized DAT RateView and DAT Data Analytics. “DAT...

PORTLAND, Ore., Dec. 13, 2019 (GLOBE NEWSWIRE) -- A mad dash at the end of November pushed truckload pricing higher, and that urgency should make for happy holidays for truckload carriers. Dry and refrigerated (“reefer”) van rates are on track to hit their highest marks of the year in December. The higher rates come despite month-over-month declines in volumes, according to the DAT Truckload Volume Index, which reflects changes in the actual number of loads hauled each month by spot market...

PORTLAND, Ore., Nov. 08, 2019 (GLOBE NEWSWIRE) -- October saw more spot market truckload shipments than any other month since January 2015, according to the DAT Truckload Volume Index, which reflects changes in the actual number of spot market loads moved each month. While volumes continued to climb for dry van, refrigerated (“reefer”) and flatbed freight, truckload rates have not kept pace. There was plenty of capacity to handle the increased volume, so truckload rates fell in October...

PORTLAND, Ore., Oct. 09, 2019 (GLOBE NEWSWIRE) -- Truckload freight markets turned a corner in September. Demand for shipments remained high throughout the month, while the combination of tighter capacity and higher fuel costs pushed spot market rates higher. Volumes for dry van, refrigerated (“reefer”) and flatbed freight declined from their August peaks, but volumes for September 2019 beat September 2018 numbers, according to the DAT Truckload Freight Volume Index. The index reflects...

AMETEK to Acquire Gatan from Roper Technologies PR Newswire BERWYN, Pa. and SARASOTA, Fla., Sept. 27, 2019 BERWYN, Pa. and SARASOTA, Fla. , Sept. 27, 2019 /PRNewswire/ -- AMETEK, Inc. (NYSE: AME) today announced that it has signed a definitive agreement to acquire Gatan, a leading manufacturer of instrumentation and software used to enhance and extend the operation and performance of electron microscopes, from Roper Technologies, Inc. (NYSE: ROP) in an all-cash transaction valued at $925 million...

PORTLAND, Ore., Sept. 11, 2019 (GLOBE NEWSWIRE) -- There were more truckload shipments on the spot market in August than any other month in 2019. Monthly volumes for dry van, refrigerated (“reefer”) and flatbed freight peaked for each segment, according to the DAT Truckload Freight Volume Index, which reflects the change in the actual number of spot market loads moved each month. “The economy has certainly been a hot topic as of late,” explained Peggy Dorf, Market Analyst with DAT...

PORTLAND, Ore., Aug. 09, 2019 (GLOBE NEWSWIRE) -- Spot market truckload rates retreated in July, despite an increase in freight volume. Shipments of dry van freight – the most common truckload shipment – rose 6.8 percent in July compared to June, according to the DAT Truckload Volume Index, which reflects the change in the actual number of spot market loads moved each month. The national average van rate declined seasonally from June to July, however. “That trend is not uncommon,” said...

PORTLAND, Ore., July 12, 2019 (GLOBE NEWSWIRE) -- Spot market rates for dry van and refrigerated (“reefer”) shipments in June were the highest since January, according to DAT Solutions, which operates the largest truckload freight marketplace in North America. The uptick in pricing came as truckload capacity was more constrained in June. “The annual Roadcheck inspection blitz limited truck availability in the first week of the month,” said Peggy Dorf, Market Analyst with DAT Solutions....

PORTLAND, Ore., June 11, 2019 (GLOBE NEWSWIRE) -- Spot truckload freight volumes failed to meet expectations in May, said DAT Solutions, which operates the largest truckload freight marketplace in North America. Dry van load volumes declined 12% in May, compared to April. Spot market rates held steady at $1.80 per mile for vans, month over month but fell 35 cents below last year’s levels. The number of full-truckload van loads moved on the spot market declined 12% in May compared to April,...

PORTLAND, Ore., May 10, 2019 (GLOBE NEWSWIRE) -- Spot market truckload freight continued two trends in April that have been a recurring theme in 2019: Strong volumes and abundant capacity. Spot freight volume and rates for dry van equipment slipped lower in April compared to March, a typical seasonal trend. Volumes for dry van freight – the most common semi-trailer type – increased 2.4 percent in April 2019 compared to 2018, according to DAT Solutions, operator of the largest truckload...

PORTLAND, Ore., April 11, 2019 (GLOBE NEWSWIRE) -- Truckload freight volumes increased in March although ample capacity and weather-related supply chain disruptions kept rates in check, said DAT Solutions, which operates the largest truckload freight marketplace in North America. Spot freight volume increased 3.7 percent for vans and 2.1 percent for refrigerated (“reefer”) equipment compared to February, while flatbeds hauled 10 percent more spot market loads in March, month over month....

PORTLAND, Ore., April 05, 2019 (GLOBE NEWSWIRE) -- Users of eight transportation management systems (TMS) can now access brand new integrations from DAT Solutions, providing a full suite of tools that range from load board access and freight pricing to carrier qualifying and onboarding. The latest integrations from DAT extend the transportation stalwart’s reach, supplying greater technological efficiencies for the thousands of employees at freight brokerages, 3PLs, shippers and motor carriers...

PORTLAND, Ore., March 12, 2019 (GLOBE NEWSWIRE) -- Truckload freight volumes typically decline on the spot market in February, but the 12 percent drop from January was sharper than usual this year, according to the DAT Freight Index. Extreme winter weather in many parts of the country contributed to the drop in volumes, but February also followed an unexpectedly strong January. Spot market freight volumes dropped sharply in February from an unusually strong January, according to the DAT Freight...

PORTLAND, Ore., Feb. 11, 2019 (GLOBE NEWSWIRE) -- Truckload rates were down across the board in January, but it wasn’t for lack of demand. Spot market freight availability held steady last month compared to December, according to the DAT Freight Index. Spot market freight availability returned to normal seasonal levels in January, according to DAT Solutions, which operates the leading spot freight marketplace. The DAT Freight Index indicated that demand held steady month over month and...

PORTLAND, Ore., Jan. 11, 2019 (GLOBE NEWSWIRE) -- In a release issued under the same headline on January 11, 2019, by DAT Solutions (NYSE: ROP), the images and captions accompanying the release were incorrect. The complete and updated press release with images follows: Freight availability slipped 6.3 percent on the spot market in December, month over month, according to truckload freight marketplace operator DAT Solutions. Spot truckload freight rates dipped for van and refrigerated freight in...

PORTLAND, Ore., Jan. 11, 2019 (GLOBE NEWSWIRE) -- DAT Freight Index numbers indicate truckload freight volumes slipped 27% in December 2018 against 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. Freight availability slipped 6.3 percent on the spot market in December, month over month, according to truckload freight marketplace operator DAT Solutions....