News Releases - DAT
In the News
Supply Chain Digest: Supply Chain News: Long Predicted, has the Freight Recession Finally Showed Up?
Aug 01, 2023
Like the old joke about economists predicting eight of the last three recessions, in 2021 and 2022 a number of analysts focused the trucking sector forecast an imminent “freight recession.”
Reuters: Yellow Corp demise seen boosting rates for rival US truckers
Aug 01, 2023
The operational shutdown of Yellow Corp (YELL.O), a major U.S. trucking firm, should help prop up industry rates that tumbled after the cargo bubble of the early coronavirus pandemic deflated last year, transportation analysts said.
Washington Post: Truck drivers are leaving boom-and-bust supply chain jobs
Jul 31, 2023
Earnings plummet as retailers work through swollen inventory and consumers spend more on in-person experiences
Portland Press Herald: Truck drivers are leaving boom-and-bust supply chain jobs
Jul 31, 2023
Several thousand truck drivers have fled the freight business this year amid one of the harshest freight recessions in memory.
Land Line Now: How are UPS and Yellow affecting the freight market?
Jul 28, 2023
A tentative deal for one company, and talk of filing for bankruptcy for another. We’ll speak with DAT’s Chief of Analytics about the current status of UPS and Yellow, and how it’s all impacting the freight market.
Street Insider: ICMI Global Contact Center Awards Finalists Announced
Jul 25, 2023
ICMI’s Contact Center Expo, which brings contact center industry professionals together to tackle the challenges and opportunities that will enable positive growth and change in the contact center industry, today announces the finalists for the ICMI Global Contact Center Awards.
Overdrive: Pennsylvania hiking turnpike tolls | Spot market summer doldrums have arrived?
Jul 21, 2023
The Pennsylvania Turnpike Commission (PTC) this week approved a 5% toll increase for 2024 for all E-ZPass and "Toll By Plate" customers. The new rates will take effect across the toll-highway system on Jan. 7, 2024.
Truck News: Economic Trucking Trends: Freight recession lingers, but economic growth to improve
Jul 21, 2023
It was a busy week for trucking-related economic data, which painted a mixed picture. Canadian spot market volumes were steady, but spot market rates in the U.S. remained weak – especially for flat-deckers.
DC Velocity: Truckload spot rates may have hit bottom of cycle, DAT says
Jul 20, 2023
Spot rates in the truckload freight sector may have hit the bottom of their slump cycle, according to data from online freight marketplace operator DAT Freight & Analytics.
HDT Trucking: Analysts Rate Freight Cycle at Or Near Bottom
Jul 20, 2023
Several leading industry reports point toward a freight cycle has hit bottom or will soon. DAT analytics reports June numbers indicate the spot rate bottom has already happened.