A new report shows an increase in truckload freight availability during the last week of February.
According to a report published by TransCore Treadlines, truckload freight availability on TransCore's DAT Network of load boards increased by 7.6 percent during the week ending February 26. The increase in freight was likely due to a significant upswing in flatbed loads, which surged by 20 percent, while flatbed truck capacity fell 4.3 percent.
Dry van freight availability declined slightly, with a 3.4 percent drop, while dry van capacity increased 4.3 percent.
Load volume in the refrigerated segment dropped 1.7 percent compared with the previous week.
Rates for all equipment types continue to decline in Los Angeles, but not as sharply as in January, according to the report. Rates on outbound freight from Southern California traditionally reverse in March.
Freight factoring can be done a number of ways. For more information, please contact TBS Truck Factoring, LLC, by calling 800-207-7661.