DAT reported that May spot truckload volume rates hit a new record, even though volume declines from April to May, which the firm said is an indication that “transportation networks are not growing fast enough to keep up with demand.” With the May Truckload Volume Index coming in at 212, that marked a 6% decline compared to April, while still marking the fourth highest month on record.
Source: logistics Mgmt
DAT Truckload Volume Index sees May rates rise
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