Capacity Crunch, Not Demand, Drives Spot Rates to $3.53/Mile
JB Hunt and Knight-Swift beat Q2 earnings on double-digit contract rate gains and 15.44% tender rejections as regulatory barriers keep new carriers out and…
#Contract Rates
27 posts tagged with this topic.
Spot Rates Run 40% to 70% Above Contract on Infrequent Lanes
RXO exec says contract awards on low-frequency routes carry almost no chance of being honored when capacity is tight. Shippers who proactively raised rates…
Schneider Locks Double-Digit Contract Rate Hikes as Spot Nears 2021 Peak
One-way fleet captured double-digit contract increases in Q2. June spot market resembled March 2021. Schneider raised full-year EPS guidance 18%.
Truckload Rates Hit 16% Above Baseline, LTL Up 76.5% in Q2 2026
Contract rates climb as 48,000 non-compliant drivers exit, small carriers park trucks over fuel costs, and routing guides collapse.
Transportation Prices Hit 92.4 in June, 3.6 Points Off Record
Capacity declined for the seventh straight month while utilization jumped to an eight-year high in the back half of June. Routing guides are crumbling and…
Van Spot Rates Top Contract for First Time Since 2022
June data shows dry van spot linehaul at a premium to contract, flatbed spread down to 11 cents, and capacity pressure driving pricing power even as volumes…
Analysts Raise Carrier Earnings Forecasts as LTL Leads Upcycle
Deutsche Bank expects median EPS growth of 15% in Q2 and 21% in Q3 as LTL carriers restore margins and truckload capacity tightens.
Dry Van Spot Rates Hit $2.14/Mile, Up 31% as Volumes Fall
Contract-to-spot spread collapses to 11 cents per mile in May as capacity tightens before demand recovers. LTL carriers hold yield despite shipment declines.
Werner Dedicated Contract Rates Climb After Early-2026 Acquisition
Omaha carrier reports rate gains in dedicated truckload segment following acquisition that closed in first quarter.
XPO May Tonnage Up 0.5%, Carrier on Track to Beat Q2 Forecast
Daily shipments rose 3.3% year-over-year in May as XPO's push into small-business freight lifts volume ahead of guidance.
Industrial Production Drives Freight Recovery as PMI Hits 54.0
ISM manufacturing index climbs to highest level since May 2022. New orders at 56.8 signal rising freight volumes ahead for small fleets.
Spot Rates Outpace Contract as Capacity Exits Tighten Truckload Supply
June 2026 industry data shows widening gap pulling capacity into spot market, driving tender rejections higher and signaling sustained upward pricing pressure…