
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.
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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.

ABF Freight's 5.9% rate hike lands June 22, the fourth straight year the carrier has moved its annual increase forward on the calendar.