Spot market volumes bounce back to pre-Thanksgiving volume, and then some

Discussion in 'Freight Broker Forum' started by Scooter Jones, Dec 8, 2020.

  1. TallJoe

    TallJoe Road Train Member

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    I think that yesterday was just a slow Monday, like many Mondays before. My tomorrow's radius does not look bad at all. 1571 loads for tomorrow.

    upload_2020-12-8_13-30-4.png
     
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  3. Scooter Jones

    Scooter Jones Road Train Member

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    So what you're saying is the Freight Brokers and DAT are conspiring to stick it to the carriers? Pretty strong assessment ;-)
     
  4. 86scotty

    86scotty Road Train Member

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    That makes no sense.
     
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  5. 86scotty

    86scotty Road Train Member

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    I find the numbers to be pretty average to what I see happening out here, but who wants to be average? Still, I do like that they send these graphs out. It's another useful tool in seeing the big picture and where you fit in it at a give time.
     
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  6. PPDCT

    PPDCT Road Train Member

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    My understanding is that DAT buys factoring company data to determine their averages, so it's whatever the factoring company got from Carrier A for load going from A to B, irrespective of the nuance. Make of that what you will.
     
  7. Midwest Trucker

    Midwest Trucker Road Train Member

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    I always figured they mined data from their TMS system clients as well.
     
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  8. PPDCT

    PPDCT Road Train Member

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    Maybe. I gotta wonder how many folks are using their TMS though.
     
  9. TallJoe

    TallJoe Road Train Member

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    Truckstop.com is similar, they are also pretty large factoring, so they show their averages from that.
     
  10. TallJoe

    TallJoe Road Train Member

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    Average it is but gives me an idea where the average point is so I try to at least get that. Sometimes, they want to lowball you below average then referring to that DAT figure could be a useful argument. The rate those averages were changing in the last few months was faster than my mindset...so a few times those averages helped me out to adjust. LOL
     
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  11. Midwest Trucker

    Midwest Trucker Road Train Member

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    Id say a lot. And if it was only through factoring, they wouldn’t know the contract rate?
     
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