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DAT: Spot truckload volumes declined, rates fell sharply in February

1. February truckload freight volumes decreased due to economic volatility and weather. 2. Shipper concerns over tariffs impacted freight market dynamics significantly.

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Why Bearish?

Decreased freight volumes indicate potential economic slowdown, which can affect ROP’s logistics. Historically, lower demand in freight markets has negatively impacted companies reliant on freight volume.

How important is it?

The impact on the freight market can indirectly influence ROP’s operational efficiency and service costs, particularly in the near term.

Why Short Term?

Current seasonal trends and economic factors suggest an immediate impact. Companies like ROP could see short-term declines in logistics demand due to these external pressures.

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BEAVERTON, Ore.--(BUSINESS WIRE)--Spot truckload freight volumes settled lower in February, driven by a mix of seasonal slowing, winter weather, and shipper concerns about tariffs and economic volatility, said DAT Freight & Analytics, which operates the DAT One freight marketplace and DAT iQ data analytics service. The DAT Truckload Volume Index (TVI), a measure of dry van, refrigerated (“reefer”), and flatbed loads moved in a month, decreased for van and reefer freight: Van TVI: 258, down.

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