There seems to be no stopping the trucking industry. For yet another consecutive month, the freight rates for all three primary forms of shipment (dry van, flatbed, and reefer) have increased yet again. Part of the blame can be shifted to the crash in rates that happened in the spring of this year, but using […]
The DAT numbers are in for August, and it is a good time to be a trucker. Though the trendline slopes are still downward, that very well can change in the future, as August 2020 marks the fourth month in a row where all three categories of freight have risen from the previous month (Reefer […]
Apparently April to May was the lowest point of the coronavirus pandemic, as demand for shipped goods and materials continued its ascent for the third consecutive month (two for dry van), and all three forms of freight are at their 2020 highs.DAT speculates the current month’s rates as it is happening, and while August is […]
We wrote about this before, how trucking levels were on the brink of being above the price per mile before the pandemic hit. Now we can finally bust out that champagne: we are now above February’s rates!Above and BeyondNow at this point you are probably thinking this is hardly a cause for celebration; February is […]
Normally we at TopMark Funding provide updates for freight rates monthly, however, we bring news that is too good not to share. The rates are closely approaching the numbers they were before the pandemic began (pre-pandemic), and for reefers have already passed the point. The Graphs The rates for all three forms of freight (dry […]
