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BEAVERTON, Ore.--(BUSINESS WIRE)--Truckload freight volumes and rates continued on divergent paths in August, with shipments rising and prices falling for the third straight month, said DAT Freight & Analytics, which operates the DAT One freight marketplace and DAT iQ data analytics service. The DAT Truckload Volume Index (TVI), an indicator of loads moved in a given month, increased for all three equipment types in August: Van TVI: 289, up 2.8% month over month Refrigerated TVI: 220, up 4.
BEAVERTON, Ore.--(BUSINESS WIRE)--DAT Freight & Analytics today named Jeff Clementz as Chief Executive Officer. Clementz joined DAT in 2023 as Chief Product Officer, a role he will oversee until a new CPO has been hired. “We are delighted to welcome Jeff as the new CEO,” said Satish Maripuri, DAT's Interim CEO & Group Executive at Roper Technologies. “His success building and leading innovative marketplace platforms at eBay/PayPal and at Walmart eCommerce aligns with DAT's mission to in.
BEAVERTON, Ore.--(BUSINESS WIRE)--Spot truckload rates bounced higher in May as shippers sought capacity to move higher volumes of van and refrigerated freight, said DAT Freight & Analytics, operators of the DAT One freight marketplace and DAT iQ data analytics service. The DAT Truckload Volume Index (TVI), an indicator of loads moved during a given month, hit all-time highs for van and refrigerated (“reefer”) loads: Van TVI: 289, up 4% from April Reefer TVI: 224, a 4% increase month over m.
The cloud-based data-warehousing company Snowflake (SNOW) stock slumped post reporting earnings. Snowflake-heavy ETFs contain several high-potential companies in their kitty.
Palantir Technologies (PLTR), the data analytics firm known for its work with government agencies, has seen a 20% stock jump on Nov 2, 2023 on elevated volume due to the reporting of upbeat earnings and outlook.
The beaten-down prices in the tech stocks offer a solid buying opportunity for investors.
Last week was marked by a few market-moving events including the signing of debt-ceiling debt, upbeat jobs data and weak manufacturing data.
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