Spot Rates Up 41% YoY, Contract Resets Hit 12% as Shippers Scramble
Diesel rising faster than spot rates for six months. Shared truckload and intermodal rail see new shipper interest as fuel and contract repricing squeeze…
#Contract Rates
38 posts tagged with this topic.
Heniff Builds Ohio Sweetener Terminal for Cargill
Dedicated transload facility marks latest private infrastructure play by bulk liquid carrier.
Schneider CEO Says Capacity Correction Will Drive Freight Upcycle
Jim Filter expects supply-side tightening to push the market higher as carriers exit and equipment orders lag demand.
Knight-Swift CEO targets double-digit rate hikes for 2027 contracts
Adam Miller says truckload carriers have room to push pricing after absorbing years of cost increases during the freight downturn.
Second-Tender Loads Now Cost 9% More, Third-Plus Tender 20% More
New routing-guide indices show shippers paying double-digit premiums when primary carriers reject freight. Contract rates resetting 13% higher, the strongest…
Contract Rates Hit $2.72/Mile, Up 18% Year Over Year
Shippers reset agreements at elevated levels as spot rates climb 50% and the contract-spot gap narrows, giving carriers leverage in annual bids.
Contract Rates Open 22-Cent Gap Over Spot in August
Spot linehaul fell to $2.17/mile while contract climbed to $2.39. Fuel surcharges rose 13% month-over-month, offsetting part of the spot decline.
Freight Volume Up 1.5% But Tied to One Boom That Could Stall in 2027
Data center construction is the only thing lifting tonnage. Food and beverage freight is down 3-4%, housing is stuck, and two more Fed hikes could erase last…
Intermodal Saves Up to 49% vs. Truckload on East Coast Lanes
Harrisburg-Atlanta van spot rates up 42%, intermodal up just 16%. Contract truckload climbs while rail pricing holds flat, opening the widest savings window in…
Diesel Hits $5.40/Gallon, Gasoline $4 in Record August Spike
Fuel costs reach all-time highs for the month, adding $270 per week to a typical over-the-road truck's operating expense.
J.B. Hunt Adds Recruiters as Driver Market Tightens, Intermodal Bids Surge
Large carrier reports highest driver recruitment needs since 2022 while intermodal pricing lags truckload by 34%, creating what one exec calls 'the summer of…
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…