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Seasonal Demand Boosts Freight Rates in May

Demand for spot market truckload shipments reached new heights in May, according to the DAT North American Freight Index. Seasonal shipments, along with rising fuel costs, pushed freight rates higher in May, with dry van and refrigerated (“reefer”) rates hitting their highest levels since January, and flatbed rates setting a new record. Spring produce shipments […]

The post Seasonal Demand Boosts Freight Rates in May appeared first on Fleet News Daily.



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