In October, the DAT Truckload Volume Index indicated a continuation of the upward trend in truckload volumes and rates that began in September, showing significant gains across various truck types. The van TVI rose by 9% from September, while refrigerated and flatbed also saw increases. National average spot rates improved across the board, with notable annual increases. Ken Adamo, DAT’s Chief of Analytics, expressed optimism about the market, highlighting lower diesel prices and potential shifts in policy, though caution is warranted due to the upcoming peak shipping season and uncertainty surrounding potential strikes.

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