spot rates

Business, Logistics

Spot Market Decline Accelerates as Demand Softens

truck and flatbed John Sommers II for Transport Topics

Trucking’s spot market is experiencing an accelerating decline as pre-pandemic conditions re-emerge.

Connor D. Wolf | Staff Reporter
July 7, 2022
Business, Logistics

Spot Rates Have Peaked, Some Shipping Lines Say

Spot Rates Have Peaked, Some Shipping Lines Say The Hapag-Lloyd AG Leverkusen Express sails out of the Yangshan Deepwater Port, operated by Shanghai International Port Group Co. (Qilai Shen/Bloomberg)

One of the world’s biggest shipping lines has decided to stop increasing spot freight rates on routes out of Asia to Europe and the U.S. as it sees an end to the rally that has put prices at record highs.

Ann Koh | Bloomberg News
September 14, 2021
Business, Logistics

Spot Market Surges Amid Capacity Constraints, Bad Weather

Trucks on Texas road in winter Traffic in Midland, Texas, on Feb. 15. (Matthew Busch/Bloomberg News)

Trucking spot loads and rates have started to settle back to normal after surging for weeks as a result of ongoing capacity issues coupled with frigid weather.

Connor D. Wolf | Staff Reporter
March 18, 2021
Government, Business, Logistics

Trucking Industry Economy Outpaces US Economy as Capacity Tightens

truck at loading dock A truck parks at a loading dock at a shipping warehouse in Tolleson, Ariz. (Ross D. Franklin/AP)

Trucking is providing one of the few bright spots to the flagging U.S. economy as tight capacity and a driver shortage push contract and spot rates higher across vans, flatbeds and refrigerated trucks.

Dan Ronan | Senior Reporter
October 13, 2020
Business, Equipment, Logistics

Contract Rates Nearing Possible Jump Amid Rising Spot Prices

Trucks on highway Trucks on Interstate 15 outside of Las Vegas. FTR Transportation Intelligence's latest report found spot rates increased 0.6% to $2.33 from $2.32 during the week ending Aug. 21. (John Sommers II for Transport Topics)

The trucking industry could soon see a jump in contract rates if the current environment holds steady, experts said.

Connor D. Wolf | Staff Reporter
August 26, 2020
Business, Logistics

Demand for Freight Drives Up Spot Market Rates

truck at loading dock Getty Images

Trucking has seen a turnaround bolstered by spot market rates and increased demand.

Connor D. Wolf | Staff Reporter
August 13, 2020
Business, Logistics

Spot Rates Show Signs of Stabilizing as Economy Slides Into Recession

truck at loading dock Getty Images

Research from companies that track trucking data suggests that while the spot rate market amid the COVID-19 crisis may be settling, the long-term effects of this steadying could be good for the industry.

Dan Ronan | Senior Reporter
April 6, 2020
Government, Business, Technology, Logistics

Spot Truckload Rates Continue to Soar Amid Record Demand

USXpress reefer truck Compared with June 2017, reefers are up 58 cents a mile. (TT file photo)

Capacity shortfalls combined with increased demand for truckload shipments are continuing to boost spot rates to record levels, according to DAT Solutions, which also said in what is an atypical trend, spot rates now are exceeding long-term contract rates.

Dan Ronan | Senior Reporter
July 17, 2018

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

October Spot Market Index Rises 1.8%; Rates Rebounding, Analysts Say

October was the second-strongest month for spot-market trucking this year, behind the June peak, load board DAT Solutions reported, and industry analysts say that prices have bottomed out and the trajectory will continue upward.

Ari Ashe | Staff Reporter
November 21, 2016