“The truckload spot market experienced another month of softness in May, confirming recent commentary that normal seasonality isn’t taking shape.” – According to the article in freightwaves.com and its author Todd Maiden

Maiden also wrote – “DAT Solutions, which operates the largest truckload freight marketplace in North America, confirmed that spot market truckload dry van loads declined 12 percent in May compared to April and were 10 percent lower year-over-year. Refrigerated volumes declined 8.3 percent versus April, down 12 percent year-over-year and flatbed volume was down 9.3% sequentially, 3.1% lower year-over-year.”

Read the full story HERE

Source and credits: freightwaves.com / Todd Maiden