DAT Freight & Analytics today announced that its DAT iQ truckload freight market analysis and transaction data are now available on the Bloomberg Terminal, an essential source of news, financial data and trading tools for more than 325,000 subscribers.
“With DAT iQ on the Bloomberg Terminal, users now have access to the deepest, broadest and most accurate data on truckload market trends and pricing,” said Claude Pumilia, DAT President and CEO.
DAT iQ analyzes load-posting and search activity on DAT One, the largest truckload freight marketplace in North America, and RateView Analytics, a database of freight transactions contributed by thousands of brokers, third-party logistics firms and trucking companies. DAT iQ also provides supply chain insights and rate benchmarks from global shippers, totaling more than $137 billion in annual transportation spend.
“The financial and investment communities know that truckload volumes and pricing are leading indicators of business performance and the economy,” Pumilia said. “DAT is the industry’s most trusted partner when it comes to managing and analyzing freight transactions. We’re excited to provide terminal users with the industry standard in truckload market intelligence.”