TransCore’s North American Freight Index reported a 69 percent increase in spot market freight availability in October, compared to the previous year. This marks the third consecutive month when spot freight achieved the highest year-over-year levels since 2005, which was a peak year for spot market volume.
On a month-over-month basis, October load volume was stable, with a 0.9 percent increase compared to September.
Brokers, 3PLs, carriers, and owner-operators in North America will list more than 60 million loads and trucks this year across a variety of services feeding TransCore’s DAT’ Network. As a result of this high volume, TransCore’s North American Freight Index is representative of the ups and downs in spot market freight availability throughout the U.S. and Canada.
TransCore’s DAT Network sets the standard for load board services in North America by providing:
- The most loads and trucks found on any load board on the internet or in truck stops,
- The highest number of exclusive loads found on a single load board,
The best quality brokers in the industry with the highest credit scores and lowest-days-to-pay.