Guest Blog Article
The new coronavirus, COVID-19, has become one of the most disruptive events to hit supply chains in our lifetime.
To keep transportation professionals informed about the effects on supply chains, the DAT Analytics team is publishing regular reports on COVID-19’s impact on freight markets, which will be updated every few days. The page includes analysis, frequently asked questions, and tracks these important metrics:
- Load posts – The number of load posts on DAT load boards measure demand, as brokers post their freight on the spot market. For example, load posts shot up in mid-March, overtaking 2017, 2018 and 2019 for the same time period.
- Truck posts – Truck posts measure capacity. When carriers have plenty of freight to haul, they’re less likely to post their truck on DAT load board. When things are slow, truck postings rise.
- Load-to-truck ratios – A quick way to gauge current supply and demand conditions is the load-to-truck ratio: the number of load posts vs. truck posts. When load posts exceed truck posts by a certain margin, rates generally rise.
- Freight rates – Rates in 2020 had been fairly tepid compared to previous years, but pricing has been volatile since the crisis began.