Truck Load Rates

Truck Load Rates

DAT iQ provides the most accurate truckload rates data in the industry, backed by $1 trillion in freight invoices.

DAT iQ can help make your truckload pricing strategy more efficient. Through our freight analytics platforms, DAT provides the most valuable market insight and rate benchmarking for carriers, brokers and shippers large and small. All market participants can also view loads and posts on the DAT One load board.

DAT iQ includes RateView Analytics for insights into current market rates and forecasts and Benchmark Analytics for rate benchmarking to support strategic freight network management.

• Get the best data on truck load rates in the industry.
• Find new opportunities with market data and insights.
• Stay on top of national truck load rate trends.

Get the best data on truck load rates in the industry.

DAT’s truck load rates are the industry standard, offering you actionable insights for trucking business and logistics and supply chain pros.

DAT gives you the best truck load rate data available so you can negotiate the best prices on both spot and contract rates. DAT shows you the most current truckload rates paid by freight brokers and shippers across all lanes. Use the real-time database of historical trends to stay on top of market conditions so you can make business decisions with confidence.

Find new opportunities with market data and insights.

DAT can generate custom reports and forecasting based on the specific needs of your business.

Because DAT collects and stores data from across the trucking industry, our data analytics team can generate custom reports to help you understand how your individual business fits into the larger market. DAT’s freight forecasting tools, including Ratecast, can help you manage both short and long-term planning for your specific circumstances so you can negotiate more favorable shipping contracts and take better control of one of your biggest procurement expenses. Ratecast is the most accurate rate forecasting tool in the industry, with 95% accuracy. With the most historically complete pricing database, Ratecast also takes into account short-term market effects, seasonal and long-term trends to provide reliable forecasts.

Stay on top of national truck load rate trends with free reports.

DAT’s regular free truck load rates reports can help you keep up-to-date on the current state of the market.

DAT Trendlines — which is often cited in the Wall Street Journal, Financial Times, Business Insider, and other publications — is a free report that gives you weekly recaps and updates on capacity and demand (load-to-truck ratios), and national averages for spot market rates so you can stay on top of the market. Trendlines also integrates with DAT’s load boards so you can more easily find the best rates available. For shippers, we offer a free monthly preview of the DAT iQ Signal Report, which includes commentary on emerging trends and rate forecasts derived from DAT iQ market data combined with predictive forecasting methodologies, multiple machine learning algorithms, and traditional time-series models – available exclusively to Benchmark Analytics customers.

How does DAT collect data?

DAT operates and manages the largest freight exchange network in the industry. That network makes it easier for brokers, carriers, dispatchers, and shippers to find partners and conduct business. DAT also collects real data from real payments between brokers, shippers, and carriers to create the largest truckload rates database anywhere.

We then analyze all the information from billions of dollars’ worth of transactions conducted over the DAT platform. That analysis lets us offer insights into market trends, trucking rates for all different kinds of freight, and more.

Why is DAT’s data the most reliable?

DAT’s data is more reliable for four key reasons. We offer:

• The Deepest Data: The DAT RateView database is built on $1 trillion in freight payments across all lanes, with contributions from thousands of companies.
• The Most Up-to-Date Data: Contributing companies send us their data as soon as there’s a rate agreement.
• The Most Precise Data: DAT’s database links rates to 149 separate key market areas in North America. Users can even search that database with parameters as specific as the first three digits of the zip code.
• The Best Practices for Data: DAT’s rates are based on real transactions and nothing else — no bids or asking prices — so the data is never skewed. We also don’t rely on data from factoring companies or any other outliers so you’ll see a true market average for the lane, though you can still view the range of prices paid on that lane.

How does the Benchmark Analytics solution work?

Benchmark Analytics is a subscription-based solution that allows shippers in North America and Europe to contribute anonymous transaction-level data at regular intervals. In return, DAT iQ processes that data and creates detailed reports and dashboards for shippers’ specific distribution networks, providing the necessary information for benchmarking rates by lane, geography, carrier type, industry, and more, helping you stay on top of dynamic market conditions.

How can freight rates help carriers?

DAT helps carriers and owner-operators make sure they are being paid fairly for their work. Freight rate data enables carriers to find the best routes for their business and helps them negotiate accurate contracts. DAT’s rate data tools integrate with DAT’s load boards so carriers can check which brokers are paying for different types of freight on different lanes. DAT offers information on average lane rates — even if brokers don’t include the rates when they post loads.

How can freight rates help shippers?

Freight rates help shippers prepare for the future so they can make better-informed business decisions. Understanding how seasonal market changes impact freight rates enables shippers to better prepare their spending budgets throughout the year. It also helps them compare bids against what people are typically paying on their preferred lanes. With market trend analysis — from the last week all the way to the previous year — shippers can get visibility into demand and capacity to help them make smarter decisions.

How can freight rates help brokers?

Brokers need to know the current market for truck load rates to do their jobs effectively. This is essential to benchmark contracts and spot rates. This data is also critical for ensuring that rates and surcharges are optimized to maintain profit margins. Brokers can also use DAT’s rate data to check RFP bids against the going rates on multiple lanes and historical market patterns in order to verify rates per trip and per mile.

"In our experience, DAT is the most accurate and complete source of spot and contract rate data available.”

- Don Everhart, VP Technology & Analytics for Knight-Swift Logistics

“By integrating DAT’s forecasting data and analytics tools with our expertise and customized pricing, we can deliver fast, reliable rates using the most comprehensive data and market analysis available.”

- Ryan Ilges, Worldwide Express Vice President of Truckload

See tomorrow's trends today.

Contact us today to get the most trusted truckload pricing tools in trucking and take the uncertainty out of freight. DAT iQ offers the most historically complete freight rate database, so you can anticipate seasonal trends and make quick pricing decisions.

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