DAT ETF

CHICAGO, Dec. 17, 2024 (GLOBE NEWSWIRE) -- DAT Freight & Analytics, a leader in freight, acquired Trucker Tools, a strategic move designed to combine Trucker Tools' innovative approach to load tracking and carrier sourcing with DAT's experience providing industry-leading freight solutions. Brokers will continue to get best-in-class load visibility and capacity tools for every load they manage, but with nearly 50 additional years of expertise and greater resources for an enhanced suite of broker tools.

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.