Spot market freight volumes dropped sharply in February from an unusually strong January, according to the DAT Freight Index. Extremely cold weather and an early Chinese New Year contributed to the seasonal lull in truckload transportation, but spot freight is expected to rebound in Q2, said DAT. The DAT Freight Index measures change in the volume of loads moved, based on the DAT RateView database of 3 million spot and contract freight movements per month.
Spot market freight volumes dropped sharply in February from an unusually strong January, according to the DAT Freight Index. Extremely cold weather and an early Chinese New Year contributed to the seasonal lull in truckload transportation, but spot freight is expected to rebound in Q2, said DAT. The DAT Freight Index measures change in the volume of loads moved, based on the DAT RateView database of 3 million spot and contract freight movements per month.