Spot market volumes bounce back to pre-Thanksgiving volume, and then some
Discussion in 'Freight Broker Forum' started by Scooter Jones, Dec 8, 2020.
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I have a friend who told me the numbers DAT post as averages on their Trends section is bunk and that they over-inflate the numbers?
Dale thompson, Lite bug, 6wheeler and 2 others Thank this. -
I believe that directionally the trends we see there every month have almost always mirrored what we are seeing when working the freight market every day, so while I believe the RPM may not always be perfect, the trend lines are pretty dang accurate.Dale thompson, rollin coal and Scooter Jones Thank this. -
For instance, I was able to book 4 loads - 3 350 ALL miles this week (but I had to cancel due to clutch repairs) with an average of 2.60 on all miles. Perhaps 3.00 per loaded mile.
I have indulged myself lately with two full blown versions of DAT and Truckstop.com and DAT seems more consistent with the rates I was getting.Dale thompson and Scooter Jones Thank this. -
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But Chicago Market, at first glance does not seem that much worse from what it was in the last few weeks:
Notably, outbound to New England and FloridaDale thompson Thanks this. -
Seems to me like if you take their average number and then add in the national fuel surcharge, it’s pretty accurate. Then, work your tail off to beat the averages.
If you can beat what they are showing by 50 cents then your doing very very well. That’s just me though. I know a guy or two on here outpacing that even.Dale thompson, Scooter Jones and TallJoe Thank this. -
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My experience has pretty much mirrored @JimmyTwoTimes's - the base numbers are usually a little low, but the trend line is generally pretty accurate. Granted, I don't do much van, and I don't do *any* reefer, so I can't speak to those two segments with any authority, but flats have been cruising along about like that line there. Just depends on when/where/what.
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The Spot & Contract rates DAT shows are from reported information from point A to Point B.
There is no nuance shown for multiple picks of deliveries along the way.
In addition, there's no data that indicates average DH miles. Which is a truer picture of overall average.
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