Spot market freight availability as measured by the DAT North American Freight Index has run high since July 2013 due to various factors including extraordinary weather events, regulatory changes, and driver shortages.
May 2014 numbers extend the trend, becoming the 11th consecutive month to post a year-over-year record high with a 40% increase over May 2013. Month over month, however, May freight volumes declined 2.1% compared with April’s.