Contract Rates Going Up in 2018 as Carriers Gain Strength

Trucks in Iowa TT File Photo

A confluence of historic trends and external events are impacting 2018 contract rate discussions that traditionally begin this time of year among carriers, shippers, logistics houses and consultants.

Burney Simpson and Ari Ashe | Staff Reporters
November 9, 2017

TL Contract Rates Flat in 1Q, Bid Process Irks Some Execs

Charles Danko

Annual truckload contracts were relatively flat in the first quarter, ranging from a 3% decline to a 3% increase in rates year-over-year, according to trucking executives. But if the market tightens this year, then some executives believe shippers who pushed aggressively on prices would have a difficult time finding available trucks.

Ari Ashe | Staff Reporter
May 22, 2017

Truckload Spot Rates Show Trucking Industry Rebound in 2017, Analysts Say

John Sommers II for TT

An index that measures truckload pricing showed that spot rates continue to exceed contract rates, which analysts predict will result in a rebound in the industry in 2017.

January 6, 2017

DHL to Raise Rates in 2017; Also Wins Two New Contracts

Nicky Loh/Bloomberg News

DHL will raise rates in the United States beginning next year, the company announced Oct. 21, while it also won two contracts to haul cars, food and beverages in the United Kingdom and China.

October 21, 2016

Index Shows Spot Rates Continued to Exceed Contract Rates


An index that compares pricing methods for truckload freight continued to show that spot rates continued to exceed contract rates, signaling an expected favorable improvement for carriers.

October 3, 2016

Daylight Transport Raises Rates, Bolsters Service in Texas

Daylight Transport

Daylight Transport is the latest less-than-truckload provider to raise rates, in total, 4.9%, which takes effect Oct. 3.

September 30, 2016

Some Freight Carriers Raising Rates Despite Uncertain Market Conditions

David Paul Morris/Bloomberg News

Several freight companies, including UPS Inc., have announced rate increases in the early fall despite the uncertain freight market.

Rip Watson | Special to Transport Topics
September 12, 2016

Trucking Adds 3,400 Jobs in August, Department of Labor Reports


For-hire trucking added 3,400 jobs in August, and the unemployment rate held steady at 4.9% as total nonfarm payroll employment increased by 151,000 in August, the Labor Department reported Sept. 2.

September 2, 2016

Study Finds as Truckload Profitability Improves, Utilization Declines


A new study produced by technology provider TMW Systems has found that most truckload fleets last year were able to improve profitability because of rate increases that outweighed declining utilization.

May 11, 2016

Truckload Freight Rates Remain Under Pressure, Freight Survey Finds

Brent Lewin/Bloomberg News

A freight survey that assesses dry van and refrigerated freight rates based on spot market and contract prices shows that business conditions hit a new low for fleets as the first quarter ended.

May 9, 2016