TVI

DAT Truckload Volume Index: Freight volumes closed strong in November

Retrieved on: 
Thursday, December 14, 2023
Supply Chain Management, Technology, Professional Services, Other Transport, Trucking, Transport, Retail, Data Analytics, Software, Networks, Logistics, DAT, Acceleration, Movement, Shipper, TVI, Multimedia, Environment, Black Friday, Cargo, Rail freight transport

A post-Thanksgiving surge in truckload freight volumes made for a solid November overall compared to previous years, reported DAT Freight & Analytics, which operates the DAT One online freight marketplace and DAT iQ data analytics service.

Key Points: 
  • A post-Thanksgiving surge in truckload freight volumes made for a solid November overall compared to previous years, reported DAT Freight & Analytics, which operates the DAT One online freight marketplace and DAT iQ data analytics service.
  • View the full release here: https://www.businesswire.com/news/home/20231214133463/en/
    Freight volumes closed strong in November (Photo: DAT Freight & Analytics)
    The DAT Truckload Volume Index (TVI), an indicator of loads moved in a month, fell for all three equipment types:
    “Thanksgiving and Black Friday were early in the month, which meant there was almost a full week of shipment activity after the holiday,” said Ken Adamo, DAT chief of analytics.
  • “For every 10 carriers that left the market in November, eight new ones came in,” Adamo said.
  • Rates for contracted van and reefer freight declined for the third straight month as pricing power continued to swing toward shippers.

DAT Truckload Volume Index: Freight volumes rose in October

Retrieved on: 
Tuesday, November 14, 2023
Professional Services, Trucking, Data Analytics, Logistics, Supply Chain Management, Transport, Transportation, Travel, DAT, TVI, Environment, Analytics, Cargo

Dry van and refrigerated (“reefer”) truckload volumes increased modestly in October ahead of the high-demand holiday freight season, but truckload rates remained sluggish, reported DAT Freight & Analytics, which operates the DAT One online freight marketplace and DAT iQ data analytics service.

Key Points: 
  • Dry van and refrigerated (“reefer”) truckload volumes increased modestly in October ahead of the high-demand holiday freight season, but truckload rates remained sluggish, reported DAT Freight & Analytics, which operates the DAT One online freight marketplace and DAT iQ data analytics service.
  • The DAT Truckload Volume Index (TVI), an indicator of loads moved in a month, increased for van and reefer freight:
    “The van TVI was 2.3% higher compared to last October, the first year-over-year increase in a monthly TVI since September 2021,” said DAT Chief of Analytics Ken Adamo.
  • The DAT contract van rate decreased 2 cents to $2.57 per mile, the reefer rate fell 4 cents to $2.97 and the flatbed rate dropped 7 cents to $3.13.
  • That’s 15 cents a mile less than in October 2022, when the average spot rate was $2.43 and the contract rate was $3.06.

DAT Truckload Volume Index: Freight volumes cooled in September

Retrieved on: 
Wednesday, October 18, 2023
Software, Networks, Other Transport, Data Management, Trucking, Technology, Logistics, Supply Chain Management, Transport, United Auto Workers, Environment, TVI, Hurricane season, Holiday, DAT, Multimedia, Cargo, Airline, Analytics

Truckload freight volumes cooled in September, compounding an already difficult quarter for truckload carriers and freight brokers, said DAT Freight & Analytics, which operates the industry’s largest online freight marketplace and DAT iQ data analytics service.

Key Points: 
  • Truckload freight volumes cooled in September, compounding an already difficult quarter for truckload carriers and freight brokers, said DAT Freight & Analytics, which operates the industry’s largest online freight marketplace and DAT iQ data analytics service.
  • View the full release here: https://www.businesswire.com/news/home/20231018639964/en/
    DAT Truckload Volume Index: Freight volumes cooled in September (Graphic: DAT Freight & Analytics)
    Seasonally declining shipments of retail goods and fresh produce decreased demand for truckload services last month.
  • The DAT Truckload Volume Index (TVI) fell for all three equipment types in September:
    Van and refrigerated (“reefer”) indexes were almost 7% lower than in September 2022.
  • Hurricane season has been mild, and our data showed the United Auto Workers strike had little impact on freight movements in September.”

DAT Truckload Volume Index: Freight volumes bounced back in August

Retrieved on: 
Monday, September 18, 2023
Trucking, Transport, Logistics, Supply Chain Management, Human, TVI, Multimedia, DAT, Cargo, Rail freight transport, Analytics

Truckload freight volumes increased in August as shippers positioned freight ahead of the fourth quarter, said DAT Freight & Analytics, operators of the DAT One freight marketplace and DAT iQ data analytics service.

Key Points: 
  • Truckload freight volumes increased in August as shippers positioned freight ahead of the fourth quarter, said DAT Freight & Analytics, operators of the DAT One freight marketplace and DAT iQ data analytics service.
  • The DAT benchmark spot van rate was $2.09 per mile in August, up 2 cents compared to July, while the reefer rate gained 7 cents to $2.51 per mile.
  • “We expect the pricing difference to narrow further, with contract rates falling over the next 12 months and spot rates increasing.
  • In the near term, the fourth quarter will be a busy time for freight.

DAT Truckload Volume Index: July freight volumes and rates chilled by seasonality

Retrieved on: 
Friday, August 18, 2023
Trucking, Transport, Logistics, Supply Chain Management, Building material, Metal, Adamo, TVI, Van, Multimedia, Risk, DAT, Cargo, Rail freight transport, Cryptocurrency, Iron ore, Analytics

Truckload freight volumes fell last month and national benchmark spot rates for dry van and refrigerated (“reefer”) loads retreated from their gains in June, reported DAT Freight & Analytics, which operates the industry’s largest online freight marketplace and DAT iQ data analytics service.

Key Points: 
  • Truckload freight volumes fell last month and national benchmark spot rates for dry van and refrigerated (“reefer”) loads retreated from their gains in June, reported DAT Freight & Analytics, which operates the industry’s largest online freight marketplace and DAT iQ data analytics service.
  • View the full release here: https://www.businesswire.com/news/home/20230818042461/en/
    July freight volumes and rates chilled by seasonality (Graphic: DAT Freight & Analytics)
    The DAT Truckload Volume Index (TVI), a measure of loads moved during a given month, was lower in July for all three equipment types:
    Van TVI was 226, down 7.0% from June and 3.0% lower year-over-year.
  • “Spot rates, as a reminder, are ‘all-in’ rates, meaning no separate fuel surcharge to help mitigate the risk of fuel price fluctuations.
  • After closing for three straight months, the spread between contract and spot rates was unchanged for van freight and increased by 6 cents for reefers and 12 cents for flatbed loads.

DAT Truckload Volume Index: June signals that spot rates have hit bottom

Retrieved on: 
Monday, July 17, 2023
Technology, Trucking, Vehicle Technology, Automotive, Transport, Professional Services, Performance & Special Interest, Data Analytics, Data Management, Fleet Management, TVI, Multimedia, DAT, Cargo, Cryptocurrency, Analytics

Truckload freight volumes and spot rates held firm in June while contract rates fell to their lowest points in almost two years, according to DAT Freight & Analytics, operators of the industry’s largest online freight marketplace and DAT iQ data analytics service.

Key Points: 
  • Truckload freight volumes and spot rates held firm in June while contract rates fell to their lowest points in almost two years, according to DAT Freight & Analytics, operators of the industry’s largest online freight marketplace and DAT iQ data analytics service.
  • View the full release here: https://www.businesswire.com/news/home/20230717037287/en/
    June signals that spot rates have hit bottom (Graphic: DAT Freight & Analytics)
    “The gap between spot and contract rates was the narrowest since April 2022,” said Ken Adamo, DAT Chief of Analytics.
  • “Rates for van and refrigerated freight increased for the third straight month, and volumes were almost unchanged from May.
  • These are signs that spot truckload prices have reached the bottom of the current freight cycle.”
    The national benchmark contract rate for dry van freight has not increased for 12 consecutive months.

DAT Truckload Volume Index: April declines make May a pivotal month for truckload freight

Retrieved on: 
Wednesday, May 10, 2023
Professional Services, Trucking, Data Management, Data Analytics, Technology, Logistics, Supply Chain Management, Transport, TVI, Building material, Memorial, Owner-operator, Van, Adamo, DAT, Cargo, Propane, Analytics

Truckload freight volumes declined and national average spot rates for dry van and refrigerated (“reefer”) loads fell for the fourth consecutive month in April, said DAT Freight & Analytics, which operates the industry’s largest online freight marketplace and DAT iQ data analytics service.

Key Points: 
  • Truckload freight volumes declined and national average spot rates for dry van and refrigerated (“reefer”) loads fell for the fourth consecutive month in April, said DAT Freight & Analytics, which operates the industry’s largest online freight marketplace and DAT iQ data analytics service.
  • The DAT Truckload Volume Index (TVI), a measure of loads moved during a given month, was lower for all three equipment types:
    Van TVI was 206, down 15.5% from March and 12.3% lower year over year.
  • It’s not unusual for truckload freight volumes to decline from March to April.
  • “After a challenging first four months of the year, we expect to see the effects of seasonality on freight volumes and rates.

TVI PACIFIC ANNOUNCES APPLICATION FOR MANAGEMENT CEASE TRADE ORDER

Retrieved on: 
Wednesday, April 26, 2023
Bank statement, Annual, Alberta Securities Commission, TVIRD, TVI, AB, Conversation, Part, SEC filing, Acquisition, National instrument, NI, NP, Certification, National Policy, News, Security (finance), Audit, Disclosure

CALGARY, AB, April 25, 2023 /CNW/ - TVI Pacific Inc. (TSXV: TVI) (OTC-Pink: TVIPF) ("TVI" or the "Company") announced today an anticipated delay in the filing of its Annual Required Filings (as defined below) and application to the Alberta Securities Commission to approve a temporary management cease trade order ("MCTO") under National Policy 12-203 – Management Cease Trade Orders ("NP 12-203").

Key Points: 
  • CALGARY, AB, April 25, 2023 /CNW/ - TVI Pacific Inc. (TSXV: TVI) (OTC-Pink: TVIPF) ("TVI" or the "Company") announced today an anticipated delay in the filing of its Annual Required Filings (as defined below) and application to the Alberta Securities Commission to approve a temporary management cease trade order ("MCTO") under National Policy 12-203 – Management Cease Trade Orders ("NP 12-203").
  • If granted, the MCTO will prohibit trading in securities of the Company by certain insiders of the Company, whether direct or indirect.
  • As a result, the Company will be unable to file the Required Filings by the applicable filing deadline.
  • Notwithstanding the foregoing, the Company remains confident in its ability to complete the required filings, but requires a brief extension and has therefore applied for an MCTO.

DAT Truckload Volume Index: Spot Rates Slipped Further in March

Retrieved on: 
Monday, April 24, 2023
Professional Services, Trucking, Data Management, Data Analytics, Technology, Logistics, Supply Chain Management, Transport, TVI, Environment, DAT, Cargo, Cryptocurrency, Airline

Despite higher freight volumes, low rates in March capped a challenging first quarter of 2023 for most truckload carriers and freight brokers.

Key Points: 
  • Despite higher freight volumes, low rates in March capped a challenging first quarter of 2023 for most truckload carriers and freight brokers.
  • Flatbed freight was an exception: pricing and demand on the spot market have been steady since the start of the year.
  • “We expect spot rates to remain at ‘touch-bottom’ levels until retailers start replenishing inventory for the end-of-the-year holidays.”
    National average spot van and reefer rates fell to their lowest points since July 2020.
  • Load-to-truck ratios reflect truckload supply and demand on the spot market and indicate the pricing environment for truckload freight.

Davis Wright Tremaine Wins Unanimous State Supreme Court Ruling for TVI, Inc., Ending Years-Long Litigation Campaign by Washington Attorney General’s Office

Retrieved on: 
Wednesday, March 15, 2023
Other Retail, Professional Services, Other Communications, Discount, Variety, Marketing, Advertising, Communications, Fashion, Retail, Legal, Home Goods, Supreme, TVI, CPA, Consumer Protection Act 1987, Speech, First, Constitutional right, Law of the United Kingdom, Organic, Supreme court, Washington Supreme Court, First Amendment to the United States Constitution, Consumer Protection Act, Savers

The winning TVI defense team was led by Davis Wright litigators Jim Grant and Ross Siler.

Key Points: 
  • The winning TVI defense team was led by Davis Wright litigators Jim Grant and Ross Siler.
  • TVI, based in Bellevue, Wash., is the largest for-profit operator of thrift stores in the country.
  • “This is the most comprehensive decision following and applying the U.S. Supreme Court precedents protecting charitable solicitation for more than two decades,” said Grant.
  • TVI’s defense team also included paralegal Jason Schattenkerk, legal assistant Daniela Najera, and former Davis Wright attorneys Sarah Cox and Max Hensley.