The DAT Truckload Volume Index indicates the onset of a new truckload freight cycle, as September showed a typical rise in demand following a period of contraction. Key insights reveal that truckload volumes and rates experienced slight declines compared to August, though they improved year-over-year. National average spot rates fell marginally due to reduced fuel surcharges. DAT’s Chief of Analytics, Ken Adamo, noted that while September was steady, October could see increased activity due to seasonal factors and external disruptions. However, sustained recovery in freight demand depends on key catalysts beyond current trends.

Source: https://www.logisticsmgmt.com/article/dats_truckload_volume_index_shows_evidence_of_an_entrance_into_a_new_truckload_freight_cycle/