DAT just posted an article on 5 new regulations that impact our industry. I have reposted a most of that article. To read the whole article go to: www.dot.com.
Below are five regulations that freight brokers should be aware of—either because they apply to brokers directly, or because the rules will have an impact on truckload capacity.
1. New food safety rules began earlier this month - These regulations apply to brokers, carriers and shippers. What makes these regulations different is that they define brokers as shippers, making them equally responsible for ensuring the safety of food during transportation. Large companies were required to comply by April 6, 2017, while other companies have one more year to comply. See if your company falls into the "large company" category.
2. Carrier Safety Fitness Determination put on hold - On March 23 the FMCSA announced that it is postponing its Notice of Proposed Rulemaking that would revise the method for issuing a Safety Fitness Determination (SFD) for carriers. Many carrier associations have opposed the SFD because the proposed guidelines are based on safety data they consider to be flawed. Brokers are disappointed that they still won't have clear guidelines to help them select safe carriers.
3. 2013 hours-of-service rules are gone for good - More restrictive hours-of-service restart rules that were put in place in July 2013 and suspended in December 2014 will be permanently eliminated. Those rules required that a truck driver's restart must include two rest periods between 1 a.m. and 5 a.m., and that the restart could only be used once per week. That's good news for freight brokers, as industry analysts estimated that the 2013 rules resulted in a 3-5% productivity loss when the rules were in place.
4. Final stage eliminating MC numbers suspended - In January, the FMCSA suspended the final phase of the new Unified Registration System (URS). The URS will eliminate docket numbers for carriers (MC numbers) and brokers (FF numbers, etc), identifying them solely by their DOT number. While NEW carriers and brokers are now required to use the URS, the final phase applies to EXISTING carriers and brokers.
5. ELD mandate is only 8 months away - There are only 8 more months before all heavy-duty trucks (with a few exceptions) must use electronic logging devices (ELDs) to log their hours of service. The deadline to comply is December 18, 2017. And while large carriers have been using ELDs for years, many small fleets and owner-operators have yet to make the switch from paper logs. That could be a problem because industry predictions about the reduction of capacity following the mandate vary from 3-5 percent, to 6-10 percent.
DAT offers a variety of products that help freight brokers and 3PLs increase efficiency and grow their businesses. Learn more about our tools that help you find trucks, monitor your current carriers, onboard new carriers, check current and historical freight rates, and help you run your business with transportation management software made exclusively for brokers.
Thank you DAT for this great information. Information is powerful in finding success as a freight broker. Learn more, earn more.
Moving forward,
Jeff Roach
www.transportationtraining.com
Showing posts with label DAT. Show all posts
Showing posts with label DAT. Show all posts
Super Loadboard
Just saw this press release that is important for all freight brokers:
DAT Solutions Consolidates Getloaded Load Board into One Super Database
PORTLAND, Ore., Jan. 20, 2017
/PRNewswire/ — DAT Solutions today announced that Getloaded, a leading
load board for smaller freight brokers and carriers, has been integrated
into the DAT network of load boards,
expanding the industry’s largest on-demand freight exchange for spot
truckload freight with greater diversity of equipment types and loads
from specialized brokers. The
combination joins the industry’s leading load boards into a single
network with greater capacity and load volume for van, refrigerated,
flatbed, and specialty freight. Prior to the consolidation, Getloaded
and DAT – which includes DAT Power, DAT Express, DAT TruckersEdge and
OOIDA’s MembersEdge – had operated with independent databases.
The consolidation of Getloaded carriers plus DAT’s own subscription growth has resulted in a 36 percent increase in the number of carriers accessing the DAT network of load boards from a year ago. The consolidation, which was completed in December 2016, gives brokers access to the largest – and rapidly growing – base of available trucks.
Likewise, former Getloaded carriers now access 400 percent more loads per day on DAT. These are available to them on the road as a result of DAT’s recently announced mobile load board app connecting truckers where they work.
„In this case, bigger really is better. On the spot market, carriers want to choose from as much freight as possible, and brokers want to connect with as many quality trucks that can deliver freight on a lane,” said Don Thornton, Senior Vice President at DAT.
Since 1999, Getloaded built its reputation as a marketplace for smaller brokers and carriers, especially those moving flatbed and specialty freight,” said Thornton. „We’re excited to offer more choices and services from a single, super database where customers can post loads and trucks more efficiently,”
The move is the latest in a series of expansions at DAT. In August, the company relocated to a 55,000-square foot, state-of-the-art facility in Portland, Oregon. It also grew its technical and engineering staff, while expanding its data science department to address the needs of a changing industry. These capabilities further expand DAT’s role as an information and technology leader in trucking and transportation.
About DATDAT operates the largest spot freight marketplace in North America. Transportation brokers, carriers, news organizations and industry analysts rely on DAT for market trends and data insights derived from 100 million annual freight matches and a database of $33 billion of market transactions. Related services include a comprehensive directory of companies with business history, credit, safety, insurance and company reviews; broker transportation management software; authority, fuel tax, mileage, vehicle licensing, and registration services; and carrier onboarding.
Founded in 1978, DAT Solutions, LLC is a wholly owned subsidiary of Roper Technologies (NYSE: ROP), a diversified technology company and constituent of the S&P 500, Fortune 1000 and Russell 1000 indices. www.DAT.com
SOURCE DAT Solutions
Join us at an upcoming course and learn all about how to most effectively use loadboards and more.
The sky is the limit with freight broker training.
Moving forward,
Jeff Raoch
www.brooketraining.com
The consolidation of Getloaded carriers plus DAT’s own subscription growth has resulted in a 36 percent increase in the number of carriers accessing the DAT network of load boards from a year ago. The consolidation, which was completed in December 2016, gives brokers access to the largest – and rapidly growing – base of available trucks.
Likewise, former Getloaded carriers now access 400 percent more loads per day on DAT. These are available to them on the road as a result of DAT’s recently announced mobile load board app connecting truckers where they work.
„In this case, bigger really is better. On the spot market, carriers want to choose from as much freight as possible, and brokers want to connect with as many quality trucks that can deliver freight on a lane,” said Don Thornton, Senior Vice President at DAT.
Since 1999, Getloaded built its reputation as a marketplace for smaller brokers and carriers, especially those moving flatbed and specialty freight,” said Thornton. „We’re excited to offer more choices and services from a single, super database where customers can post loads and trucks more efficiently,”
The move is the latest in a series of expansions at DAT. In August, the company relocated to a 55,000-square foot, state-of-the-art facility in Portland, Oregon. It also grew its technical and engineering staff, while expanding its data science department to address the needs of a changing industry. These capabilities further expand DAT’s role as an information and technology leader in trucking and transportation.
About DATDAT operates the largest spot freight marketplace in North America. Transportation brokers, carriers, news organizations and industry analysts rely on DAT for market trends and data insights derived from 100 million annual freight matches and a database of $33 billion of market transactions. Related services include a comprehensive directory of companies with business history, credit, safety, insurance and company reviews; broker transportation management software; authority, fuel tax, mileage, vehicle licensing, and registration services; and carrier onboarding.
Founded in 1978, DAT Solutions, LLC is a wholly owned subsidiary of Roper Technologies (NYSE: ROP), a diversified technology company and constituent of the S&P 500, Fortune 1000 and Russell 1000 indices. www.DAT.com
SOURCE DAT Solutions
Join us at an upcoming course and learn all about how to most effectively use loadboards and more.
The sky is the limit with freight broker training.
Moving forward,
Jeff Raoch
www.brooketraining.com
Freight Industry Info
Dry van and
refrigerated ("reefer") van freight increased by 33 percent and 27
percent, respectively, but flatbed freight volume slipped 13 percent
compared to September 2015. Flatbed volume
has declined on a year-over-year basis for the past 15 months, due to a
downturn in economic sectors, such as oil and gas, that produce flatbed
freight.
Month-over-month, spot market freight
volume edged up 0.6 percent to the second-highest level this year. This
is an atypical seasonal pattern; September volume declined month over
month in eight of the previous ten years. A 2.7 percent increase in van
freight volume was responsible for the month-over-month growth, as
reefer volume dipped 1.1 percent, and flatbeds lost 1.9 percent in
September, compared to August.
Van Rates Rise from August to September
The increase in van
freight volume boosted spot market rates by 1.4 percent, and reefer
rates added 0.6 percent, month over month. September flatbed rates
declined 1.2 percent compared to August, however, in a common seasonal
pattern.
On a year-over-year
basis, the average line haul rate fell 6.0 percent for vans, 4.5
percent for reefers, and 7.8 percent for flatbeds, compared to September 2015.
The average fuel surcharge, a component of the total rate paid to
carriers, fell 9.1 percent year over year, deepening the decline in
carriers' total revenue per mile. The surcharge is pegged to the retail
price of diesel fuel.
Established in 1978, DAT operates a network of load boards serving intermediaries and carriers across North America. For more than a decade DAT has published its Freight Index, which is representative of the dynamic spot market.
Reference rates are the averages, by equipment type, based on $28 billion
of actual transactions between freight brokers and carriers, as
recorded in DAT RateView. Rates are cited for line haul only, except
where noted. Beginning in January 2015,
the DAT Freight Index was rebased so that 100 on the Index represents
the average monthly volume in the year 2000. Additional trends and
analysis are available at DAT Trendlines.
About DAT Solutions
DAT operates the largest spot freight marketplace in North America.
Transportation brokers, carriers, news organizations and industry
analysts rely on DAT for market trends and data insights derived from
100 million annual freight matches and a database of $28 billion
of market transactions. Related services include a comprehensive
directory of companies with business history, credit, safety, insurance
and company reviews; broker transportation management software;
authority, fuel tax, mileage, vehicle licensing, and registration
services; and carrier onboarding.
Founded in 1978, DAT Solutions, LLC is a wholly owned subsidiary of Roper Technologies (NYSE: ROP), a diversified technology company and constituent of the S&P 500, Fortune 1000 and Russell 1000 indices. www.DAT.com
Good report from DAT I thought I'd share. Want to learn to be a freight broker? It is a good time. Give me a call. 214-206-1169.
Moving forward,
Jeff Roach
www.brooketraining.com
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